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Thread: Suzuki wagon r vx financing ??

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    Exclamation Suzuki wagon r vx financing ??

    Salam all,
    I have to ask about car financing in Karachi by any Islamic Bank.
    Car is SUZUKI WAGON R VX, cost of Wagon R VX = 849000 security deposit 20% = 169000
    please don't suggest me to buy on cash because i only have 2 Lac & can pay 20,000 a month i know that it is the expensive way!
    1)Which Bank has the cheapest rates?
    2)What is the best color of Wagon R VX
    3)Is VX is better or VXR,VXL according to their prices, or i install ac & power options later on VX?

    Kindly give me better suggestions,
    Thanks .


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    Quote Originally Posted by saad4mirza View Post
    Salam all,
    I have to ask about car financing in Karachi by any Islamic Bank.
    Car is SUZUKI WAGON R VX, cost of Wagon R VX = 849000 security deposit 20% = 169000
    please don't suggest me to buy on cash because i only have 2 Lac & can pay 20,000 a month i know that it is the expensive way!
    1)Which Bank has the cheapest rates?
    2)What is the best color of Wagon R VX
    3)Is VX is better or VXR,VXL according to their prices, or i install ac & power options later on VX?

    Kindly give me better suggestions,
    Thanks .
    bro believe me newer is not always better get a used car but stay away from leasing it have a lot of risk,tension and it haram as well

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    Quote Originally Posted by saad4mirza View Post
    Salam all,
    I have to ask about car financing in Karachi by any Islamic Bank.
    Car is SUZUKI WAGON R VX, cost of Wagon R VX = 849000 security deposit 20% = 169000
    please don't suggest me to buy on cash because i only have 2 Lac & can pay 20,000 a month i know that it is the expensive way!
    1)Which Bank has the cheapest rates?
    2)What is the best color of Wagon R VX
    3)Is VX is better or VXR,VXL according to their prices, or i install ac & power options later on VX?

    Kindly give me better suggestions,
    Thanks .
    get a vxr at least, dubai islamic bank, Meezan bank are good options
    Corolla Altis 1.6 2016-to date
    Wagon R VXL 2014-2016

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    Exclamation thanks but...

    Quote Originally Posted by Sarkaar View Post
    get a vxr at least, dubai islamic bank, Meezan bank are good options
    Meezan bank is offering me VXR at Suzuki wagon r vx financing ?? -1541086Suzuki wagon r vx financing ?? -1541086

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    need urgent advice

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    Quote Originally Posted by saboor73 View Post
    bro believe me newer is not always better get a used car but stay away from leasing it have a lot of risk,tension and it haram as well
    i know that but, all the money we have are circulating by the banks & that money circulating called interest money (saud) no bank can reduce saud coz they are circulating money of state bank of Pakistan(saud haram money). So can you leave the banks & its facilities ?
    i.e i only want an Islamic bank just to satisfy my mind.
    (we all are taking interest)

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    Quote Originally Posted by saad4mirza View Post
    Meezan bank is offering me VXR at Suzuki wagon r vx financing ?? -1541086Suzuki wagon r vx financing ?? -1541086
    Ye to porane rates hain Wagon vxl metallic color is now available for rs 10,04000/-

    Visit pakwheels new cars section toget updated rates
    Corolla Altis 1.6 2016-to date
    Wagon R VXL 2014-2016

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    ye kal mi ny Meezan Bank say liea hain , tabhi to poch raha hun !

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    Don't get this car on leasing because after just couple of months you will be fed up of it's "boothi" i mean shape pardon me for my habit of using punjabi words in english. So then selling a leased car would become misery for you. or else if you can close your eyes dont see the car just sit in it and drive away then go for it. One of a close friend says "iss gari ki boothi aisi ha jaise makhi ko qabaz hui ho".

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    Bro Dubai Islamic Bank is good option, they offer as low as 15% down payment plus 12.5% interest rate, in islamic leasing you pay the installment once car is delivered to you, in case of Wagon R they told me to process my case and hand over the car to me in a week as there are a lot of cars available in show rooms due to low sales.

    In the end as others told you going for leased car is a risk ......start ma new car k shoq ma bnda ye dhol galay ma daal leta ha lakin after 6 months jb shoq pora ho jata ha aur car sirf aik car reh jati ha tu installments aik bht bara burden ban jata ha.

    I had 7 lac budget, i was going for Wagon R on lease, every body advised me otherwise so i borrowed some money from my brother and buying a 2012 cultus in 8.5 lac......and i am satisfied.

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    My Two cents...

    If you feel like that car is an absolute necessity for you and theres no one you can obtain loan from and you are short on cash... then out of necessity you may opt for a bank leased car.... As per my knowledge charging interest is haram in Islam, but paying interest in a loan is not directly haram. Though it still is a makrooh/un-liked act. You should avoid anything promoting the system of interest and if you absoluetly by necessity have to get an interest based loan than keep the amount to minimum.

    In my opinion... Get a mehran VX or VXR, its enough to serve the purpose... and also easy on your pocket.
    Get done with its installments and later you may sell it and upgrade your car.

    Best of luck!

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