Own a Suzuki Alto for Just Rs. 18,999/Month?: A Complete Breakdown

Suzuki has introduced an appealing prospect for potential Alto owners. In collaboration with HBL, this exclusive agreement enables customers to trade in their old cars and finance a brand-new Alto with only a 10% markup on the loan amount.

EMI Plan Highlights

Under this financing structure, the buyers can drive home the new Alto with an initial payment of Rs. 18,999 only if their old vehicle is valued at Rs. 2.1 million. HBL can finance the balance due at an interest rate of 10% of the market rate.

Significant Terms and Conditions

This offer is conditional on certain requirements. Customers are required to trade in their old vehicles and follow HBL’s financing policies.

Let’s Define the Terms of These Words:

For Old Vehicles Bought for PKR 2.1 Million or Less:

• You will have to pay Rs. 18,999 as a down payment, and the remaining amount can be financed at a 10% interest rate through HBL.

For Old Vehicles Worth More Than PKR 2.1 Million:

• If the value of your trade-in is higher than this amount, the balance (the difference between the value of your car and PKR 2.1 million) will reduce the amount you need to finance.

As a result, this might result in reduced monthly payments since you are going into a trade-in arrangement with a higher value.

For example, if you purchased a car last time for PKR 2.5 million, you’ll have an additional PKR 400,000. 

• This amount of borrowing gets deducted from the overall amount that you have to fund with HBL, but your down payment of Rs. 18,999 is not reduced.

So if you are dreaming of driving the Suzuki Alto for just Rs. 18,999 per month, well, now is the time to make that dream a reality! Visit Wise Wheels PK and join us at the forefront of these possibilities to make a smart move today!