As a result of the economic crunch in Pakistan, many automobile consumers have resorted to leasing cars from banks. In collaboration with Bank Alfalah, Master Changan Motors has formulated Installment plans for Karavan for both variants. These plans are spread out in payments ranging up to 5 years. Let’s look at the Changan Karvaan MPV instalment plans by Bank Alfalah.
An Overview of Changan Karvaan
Changan Karvaan is a mid-sized, multi-purpose van. It is available in Pakistan in two variants, Karavan Standard and Karavan Plus. Its six sitting spaces can easily accommodate a large family. MPVs are also helpful as loader vehicles. Karavan MPV is a valuable and resourceful vehicle to cater to all needs.
Both versions of the Karavan MPV are equipped with a 999 cc engine. Karavan MPV has a sophisticated exterior, boxy design, and slanting front. The rear door slides open for easy entry and exit. Wide side mirrors make driving convenient. The centre fascia houses an aux connectivity port and climate control knobs. Dual air conditioning provides ample cooling to the 2nd and 3rd rows. It also can add two more seats to increase seating capacity. Safety features of Karavan MPV include an anti-lock braking system, immobilizer, power door locks, and child lock. Other features include a remote boot and fuel lid, steering adjustment, defogger, keyless entry, heater, and rear wiper.
The Changan Karvaan MPV has an impressive mileage of 10 km/l in the city and 12 km/l on the highway. The fuel tank capacity of the van is 40 litres.
Karavan MPV Installment Plans
This post will look at the different instalment plans for the Plus variant. Plans go up to five years with equity/down payment ranging from 30-75%. The markup type for all programs is variable. Below is a chart of all options concerning equity and a period of three years.
| Equity | Total Car Price | Down payment/Equity | Alfalah Bank Participation | Monthly Installment | |
| 30% | 2,569,000 | 770,700 | 1,798,300 | 67,015 | |
| 35% | 2,569,000 |
| 1,669,850 | 62,228 | |
| 40% | 2,569,000 | 1,027,600 | 1,541,400 | 57,441 | |
| 45% | 2,569,000 | 1,156,050 | 1,412,950 | 52,654 | |
| 50% | 2,569,000 | 1,284,500 | 1,284,500 | 47,868 | |
| 55% | 2,569,000 | 1,412,950 | 1,156,050 | 43,081 | |
| 60% | 2,569,000 | 1,541,400 | 1,027,600 | 38,294 | |
| 65% | 2,569,000 | 1,669,850 | 899,150 | 33,507 | |
| 70% | 2,569,000 | 1,798,300 | 770,700 | 28,721 | |
| 75% | 2,569,000 | 1,926,750 | 642,250 | 23,934 |
As mentioned before, This chart shows the price plans of the top variant of Changan Karavan. You can always visit Alfalah Calculator to learn more about Changan Karvaan MPV and instalment plans for different periods and equity percentages.
Be sure to check out the complete overview of the Changan Karvaan MPV.
