FAW V2 Owner's Review

[tashkeel]

We should appreciate FAW at least they are offering something. Paksuzuki is offering us globally obsolete vehicles with poor quakity and no safety features. We should try to give a new entrant a chance.

I agree. It's we, the people, who make things go success or failure... If they deserve, then we shall give them a chance.

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[muradi]

We should appreciate FAW at least they are offering something. Paksuzuki is offering us globally obsolete vehicles with poor quakity and no safety features. We should try to give a new entrant a chance.

Yes I appreciate faw but I cannot buy or recommend anyone a machine with no sure future and which is guaranteed to give huge financial loss when selling.
Just have a look at faw Sirius. People r selling it on 300-400k loss and still they r on sale since months with no buyers.
Faw is good no doubt but these facts cannot be ignored.

[muradi]

I agree. It's we, the people, who make things go success or failure... If they deserve, then we shall give them a chance.

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Yes it is we who make things go success or failure but first FAW should make availability of spares all over the country at competitive prices. Do proper advertising and publicity. Just look at it right now. No bill boards. No publicity no adds no display of their products at malls etc. That's not a way to launch a car.
When they cannot do a proper launch of the product then how can I expect the product to serve me well for 5 years?

[Horse_rider]

Enjoy your ride, 4 din ki life he, dont buy a car for resale, buy for driving fun. Fulfill your choice not future purchaser's choice. Future purchaser jai bharr mein. If you loss 100k in 5 years and have driven your beloved car you had already gained a lot of joy worth 1000k.

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[usama1]

Yes it is we who make things go success or failure but first FAW should make availability of spares all over the country at competitive prices. Do proper advertising and publicity. Just look at it right now. No bill boards. No publicity no adds no display of their products at malls etc. That's not a way to launch a car.
When they cannot do a proper launch of the product then how can I expect the product to serve me well for 5 years?

All new automotive enterents have pathetic way of introducing and launching their vehicles in Pakistan...No Masiive advertisement, No After sale service and parts availability assurance...eventually they face the same fate and identical results which we have observed in case of Cheverolete, Nissan, Mitsubishi and Cherry. All Ran away ultimatrly.

[mehranferrari]

Yes I appreciate faw but I cannot buy or recommend anyone a machine with no sure future and which is guaranteed to give huge financial loss when selling.
Just have a look at faw Sirius. People r selling it on 300-400k loss and still they r on sale since months with no buyers.
Faw is good no doubt but these facts cannot be ignored.

At the moment the resale part is correct but doesn't just mean we should buy a obsolete car from 1980s just because of resale. It is a trade off. Let's compare Cultus with similar price tag.

Paksuzuki Cultus (similar price to V2 I am not considering Swift as it is much more expensive)
Pros
-Good Resale
-Parts easily Available

Cons
-Obsolete vehicle (phased out all over the world ages ago)
-Poor Built Quality
-Ancient engine techology
-Barely meets Euro 2 emission
-No Airbags
-No Abs
-Poor tire quality
-unimpressive fuel consumption despite being 1000cc

V2
Cons
-Resale
-Parts not that easily available (although many Vitz part fit into the engine components)

Pros
-Relatively newer technology
-ABS + EBD (from Bosch)
-Dual Airbags (not even available in Altis 1.8 !! only in Civic)
-Better Quality
-Euro 4 compliant (only civic and city are Euro 4 compliant in local assembled cars)
-Better tire quality

If someone is going to keep the car for a long time 5-10 years. The safety value you get out of the car far outweighs Paksuzuki lineup. Always remember resale wont protect anyone's life in case of collision.

Even if we do compare Swift might lose invoice value of 50-100k. But due to it being 1328 cc The WHT on a New Swift is 100,000 PKR for Non-Filers and 50,000 for Filers. Furthermore token is also more expensive. V2 falls under 1300 cc therefore enjoys some tax benefits and lower registration costs. When swift is being sold you can't get price above invoice and cover for your WHT and registration. Even a used Islamabad registered Swift will incur a transfer fee for 50,000 rs or so (have to confirm exact amount) for non-filters as it is above 1300cc because government of Pakistan thinks a 1300cc+ car is a luxury

We have a new company and FAW is starting assembly of local V2 and is expected to Introduce automatic V2 soon. I agree V2 is no stunning breakthrough but we don't have any other options at the moment. Only one small car assembler exists and FAW is the only company willing to change that. PML-N led government handed complete contract of cab scheme vehicles to PakSuzuki without even considering anything else. The same thing happened that led to ADAM revo the government gave them assurances but later never supported them and handed out all contracts to Paksuzuki (which by the way sends all its profits back to its HQ in Japan instead of reinvesting in new technology in Pakistan).
If the government just gives another player one contract for 5000 vehicles or so it will solve the resale issue as well to a good extent.

[mehranferrari]

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[mehranferrari]

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[bilalahm]

I believe this can be a very good marketing line for the v2 ............ In case of a collision, would you prefer a car with air bags or resale ?

[abid110]

is it an efi or what? how can it be same engine as first gen Vitz?

[muradi]

At the moment the resale part is correct but doesn't just mean we should buy a obsolete car from 1980s just because of resale. It is a trade off. Let's compare Cultus with similar price tag.

Paksuzuki Cultus (similar price to V2 I am not considering Swift as it is much more expensive)
Pros
-Good Resale
-Parts easily Available

Cons
-Obsolete vehicle (phased out all over the world ages ago)
-Poor Built Quality
-Ancient engine techology
-Barely meets Euro 2 emission
-No Airbags
-No Abs
-Poor tire quality
-unimpressive fuel consumption despite being 1000cc

V2
Cons
-Resale
-Parts not that easily available (although many Vitz part fit into the engine components)

Pros
-Relatively newer technology
-ABS + EBD (from Bosch)
-Dual Airbags (not even available in Altis 1.8 !! only in Civic)
-Better Quality
-Euro 4 compliant (only civic and city are Euro 4 compliant in local assembled cars)
-Better tire quality

If someone is going to keep the car for a long time 5-10 years. The safety value you get out of the car far outweighs Paksuzuki lineup. Always remember resale wont protect anyone's life in case of collision.

Even if we do compare Swift might lose invoice value of 50-100k. But due to it being 1328 cc The WHT on a New Swift is 100,000 PKR for Non-Filers and 50,000 for Filers. Furthermore token is also more expensive. V2 falls under 1300 cc therefore enjoys some tax benefits and lower registration costs. When swift is being sold you can't get price above invoice and cover for your WHT and registration. Even a used Islamabad registered Swift will incur a transfer fee for 50,000 rs or so (have to confirm exact amount) for non-filters as it is above 1300cc because government of Pakistan thinks a 1300cc+ car is a luxury

We have a new company and FAW is starting assembly of local V2 and is expected to Introduce automatic V2 soon. I agree V2 is no stunning breakthrough but we don't have any other options at the moment. Only one small car assembler exists and FAW is the only company willing to change that. PML-N led government handed complete contract of cab scheme vehicles to PakSuzuki without even considering anything else. The same thing happened that led to ADAM revo the government gave them assurances but later never supported them and handed out all contracts to Paksuzuki (which by the way sends all its profits back to its HQ in Japan instead of reinvesting in new technology in Pakistan).
If the government just gives another player one contract for 5000 vehicles or so it will solve the resale issue as well to a good extent.

Yar how can u compare a Craptus with V2, mein to cultus ka darwaza kholte hi gari se door bhag jata hoon. its a ridiculously overpriced metal can on 4 wheels. It can never be compared with Cultus or even Wagon R. V2 is no doubt a better car but build quality is not that impressive nor is the shape ( yes much better than PS though ) .
Taxes prices have decreased now bro.
The problem again lies here. When there is absolutely no support from the govt. No Guarantee of parts and Guaranteed loss of 300-400k on resale. then wont Swift be better ?

[mehranferrari]

Yar how can u compare a Craptus with V2, mein to cultus ka darwaza kholte hi gari se door bhag jata hoon. its a ridiculously overpriced metal can on 4 wheels. It can never be compared with Cultus or even Wagon R. V2 is no doubt a better car but build quality is not that impressive nor is the shape ( yes much better than PS though ) .
Taxes prices have decreased now bro.
The problem again lies here. When there is absolutely no support from the govt. No Guarantee of parts and Guaranteed loss of 300-400k on resale. then wont Swift be better ?

Because Cultus is the only car in the same price as V2. New swift is 13.3 lakhs (including filer WH Tax) and for non-filers pre-registration cost is 13.82 lakhs. Add registration to that a new swift on the road costs 14.25 for non filers. The taxes have only been reduced on transfer of used vehicles and not Withholding Tax on new cars. Even then the transfer fee for non-filer on a recently bought and registered car above 1300cc (swift is 1328) is PKR 60,000.

I agree with you that resale is the strong point. But you are only considering resale. One must give importance to safety and quality as well.

Please do not neglect the safety aspects like I always say importance of AIRBAGS is highly neglected in Pakistan. It's illegal is most countries to even assemble and sell vehicles without airbags. Although V2 may not be of exceptional high quality but we don't have any car asides from CIVIC which is in 1.8 that offers airbags.

As far as V2 parts are concerned FAW has been here since 2012 and they are expected to increase production of v2. 1000 cc local assembled variant and automatic v2 are expected to be introduced soon.Therefore i do feel that parts issue will hopefully resolve as well with time. Due to FAW and Toyota's agreements in the past V2 shares many technical design aspects with Vitz so engine parts are common.

P.S You can confirm Withholding tax from any dealership.

[fastian04]

swift is better for filers..non filers deserve more taxes

[abid110]

swift is better for filers..non filers deserve more taxes

so we have a fbr ka banda here too

[fastian04]

nhn bhai i m not fbr supporter...i m only saying what every Pakistani should say...taxes are to be paid as mandatory entity

[abid110]

nhn bhai i m not fbr supporter...i m only saying what every Pakistani should say...taxes are to be paid as mandatory entity

your thinking is very right but here we are being unfairly taxed! aap 50k bank se nikalwao in any manner and you pay a tax! why? and then you buy a 100wala mobile card and what you get...?

thing is that, where is that money going? none is being used for welfare of masses

[fastian04]

your thinking is very right but here we are being unfairly taxed! aap 50k bank se nikalwao in any manner and you pay a tax! why? and then you buy a 100wala mobile card and what you get...?

thing is that, where is that money going? none is being used for welfare of masses

be a tax filer and you wont hve to pay tax on banking transactions bhai and alao u can get back what u paid on mobile cards. isn't it fair?

[fastian04]

i get back what ia deducted in bills and on transactions...token tax registrations ..even even halls booking etc

[autophile]

i get back what ia deducted in bills and on transactions...token tax registrations ..even even halls booking etc

Do you get refund from FBR or adjust in your monthly income tax deduction?

[fastian04]

adjustment in next month tax