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Thread: Used car on Instalments

  1. #1
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    Default Used car on Instalments

    Hey Folks,
    Is it possible to get a used car on intallments , because i dont have enough savings to pay at once , but have enough salary to pay installment, If there is any dealer out there in Islamabad who can do so , please let me know !!
    Thank You !!

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    Quote Originally Posted by arslanabbas View Post
    Hey Folks,
    Is it possible to get a used car on intallments , because i dont have enough savings to pay at once , but have enough salary to pay installment, If there is any dealer out there in Islamabad who can do so , please let me know !!
    Thank You !!

    Sent from my SM-G7102 using Tapatalk
    Which car you want to buy?

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    Quote Originally Posted by saboor73 View Post
    Which car you want to buy?
    I more likely intrested in Jdm like fielder or a corolla 1.3 xli 2010-2014

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    Check with banks. They provide financing (islamic and conventional) for used cars upto 3 or 5 years
    2015 Suzuki Swift DLX | 2015 Honda City 1.3

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    Do you have any idea , which one is good in financing options ?

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    You're gonna have to check and compare rates with the banks.

    Burj, dubai islamic and al baraka banks have good rates
    2015 Suzuki Swift DLX | 2015 Honda City 1.3

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    Quote Originally Posted by Sha2eb View Post
    You're gonna have to check and compare rates with the banks.

    Burj, dubai islamic and al baraka banks have good rates
    Thanks alot Shahzaib Bhai

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    My pleasure
    2015 Suzuki Swift DLX | 2015 Honda City 1.3

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    Yeah u can . Easily. Your salary must be doubled from ur instalment. 6 month statement and salary slip will be required .


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    What if one is living abroad ??
    Can he apply ?

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    Quote Originally Posted by arslanabbas View Post
    What if one is living abroad ??
    Can he apply ?

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    Not as per the current policy of the banks.
    2015 Suzuki Swift DLX | 2015 Honda City 1.3

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    Quote Originally Posted by Sha2eb View Post
    Not as per the current policy of the banks.
    Its necessary that one should be working in pakistan ?

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    Quote Originally Posted by arslanabbas View Post
    Its necessary that one should be working in pakistan ?

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    Yeah. Compulsory


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    Quote Originally Posted by defender786 View Post
    Yeah. Compulsory


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    Then i should better find someone iut there with good salary !!

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    Quote Originally Posted by arslanabbas View Post
    Then i should better find someone iut there with good salary !!

    Sent from my SM-G7102 using Tapatalk
    Burj Bank has competitive rates and meezan bank has the lowest down payment figure. You can chose according to your own choice. Imported vehicles must not be more than 5 years old. There are some showrooms in rwp which sell bank leased cars but you will have to pay a little more more as their profit. They actually look for the persons who have good bank statement, lease out the cars in their name and give them certain amount per car and then sell this car to another customer at a profit. But it's risky and in case of theft/accident, you will be facing problems because the real owner might not be interested in helping you.

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