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Thread: applied for new corolla karachi

  1. #1
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    Default applied for new corolla karachi

    i have applied for new corolla 1.3 gli manual

    applied for leasing facility with 20 % Down payment terms i think it is an investment worth making.

    I am most of the time out of pk but back every 3 months for abt 10 days,the main reason i am applying for a corolla is cuz i think it is time where i must have a proper car in pk paying instalments should not be difficult but i did my math and got figures of abt 280,000 intrest but my relation ship manager gave me a break down of 400000 i dk how so do you guyz think it is a good idea cuz there are other options too like going for a cash alto or a used corolla but i am a business person

    please gime suggestions


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  3. #3
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    10 days after every 3 months? stay away from leasing please, buy a used 5 - 6 lac rupee car Cultus or Santro and if you want some comfort go for a Liana, thats all

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    By break down you mean he gave you a break of 400,000 on total cost of car? This is not possible. Also, interest of only 280,000 with a break of 400,000? Dun think that is possible too. Recheck the workings. There must be hidden costs. The interest rate these days is very high, the interest figure can't be that low even if you meant 40,000 break.

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    Quote Originally Posted by khurem View Post
    By break down you mean he gave you a break of 400,000 on total cost of car? This is not possible. Also, interest of only 280,000 with a break of 400,000? Dun think that is possible too. Recheck the workings. There must be hidden costs. The interest rate these days is very high, the interest figure can't be that low even if you meant 40,000 break.
    smethng fishy fishy.....

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    Stay away from interest if you can afford. Unislamic and got its own headaches. PLUS, the problems with leasing are numerous.

  7. #7
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    You could also rent a car for 10 days every quarter of a year man!

    Why spend so much

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    Quote Originally Posted by chaudri View Post
    You could also rent a car for 10 days every quarter of a year man!

    Why spend so much
    +1 agreed
    Remember yesterday, dream about tomorrow but Live today.............

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