Hello PakWheel Community,
I'm seeking advice on purchasing a new car through bank leasing in Lahore. Recently, I've come across groups offering leasing options without requiring a bank statement, only a CNIC copy.
However, I'm concerned about potential risks. I've heard stories about cars being leased in someone else's name,not the showrooms guy. raising concerns about ownership and liability.
Additionally, I worry about being blackmailed or fraudulently charged with penalties by the lease owner. I've heard cases where individuals demand extra money, citing fake fees, and threaten action if payment isn't made.
Has anyone in this community purchased a car through bank leasing in Lahore? What was your experience like? Were there any challenges or surprises?
I'd appreciate guidance from lawyers or experts on protecting myself in such transactions. What precautions can I take to avoid being taken advantage of?
Thank you for your advice.
Best regards.
