As a result of the economic crunch in Pakistan, many automobile consumers have resorted to leasing cars from banks. In collaboration with Bank Alfalah, Suzuki has formulated Installment plans for Wagon R for both variants. These plans are spread out in payments ranging up to 5 years. Let’s look at the Suzuki Wagon R instalment plans by Bank Alfalah.
Wagon R: An Overview
Suzuki Wagon R is marked as an intelligent move from the company. Equipped with a modern design and comfortable interior, the hatchback rose is a favourite choice in the market. The car houses a 1000cc K-Series engine that produces economic fuel performance.
Wagon R (2022) is a front-engine, front-wheel-drive car. The car has broken the typical design standards observed in other Suzuki cars in Pakistan. Before Wagon R, Suzuki had not introduced an innovative design for a long time. The vehicle is launched in two variants, Wagon R VXR and Wagon R VXL. The high-end variant VXL covers an additional few features. You can find power lock doors, windows, fog lamps, and folding rear seats.
Specifications of the vehicle are as follows.
| Price | PKR 24.2 – 25.6 lacs |
| Body Type | Hatchback |
| Dimensions (Length x Width x Height) | 3600 x 1475 x 1670 mm |
| Ground Clearance | 170 mm |
| Displacement | 998 cc |
| Transmission | Manual & Automatic |
| Horse Power | 67 hp |
| Torque | 90 Nm |
| Boot Space | 0 – 180 L |
| Kerb Weight | 820 – 830 KG |
| Fuel Type | Petrol |
| Mileage | 14 – 16 KM/L |
| Fuel Tank Capacity | 35 L |
| Seating Capacity | 5 – Persons |
| Top Speed | 180 KM/H |
| Tyre Size | 145/80/R13 |
Wagon R Installment Plans
This post will look at the different instalment plans for the VXL variant. Plans go up to five years with equity/down payment ranging from 30-75%. 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% | 2,564,000 | 769,200 | 1,794,800 | 66,884 | |
| 35% | 2,564,000 |
|
1,666,600 | 62,107 | |
| 40% | 2,564,000 | 1,025,600 | 1,538,400 | 57,329 | |
| 45% | 2,564,000 | 1,153,800 | 1,410,200 | 52,552 | |
| 50% | 2,564,000 | 1,282,000 | 1,282,000 | 47,774 | |
| 55% | 2,564,000 | 1,410,200 | 1,153,800 | 42,997 | |
| 60% | 2,564,000 | 1,538,400 | 1,025,600 | 38,220 | |
| 65% | 2,564,000 | 1,666,600 | 897,400 | 33,442 | |
| 70% | 2,564,000 | 1,794,800 | 769,200 | 28,665 | |
| 75% | 2,564,000 | 1,923,000 | 641,000 | 23,887 |
As mentioned before, This chart shows the price plans of the top variant of Suzuki Wagon R. You can always visit Alfalah Calculator to check out more Wagon R VXR and VXLÂ Instalment plans of different periods and equity percentages.
Suzuki Pakistan also has another medium of financing cars. Be sure to check that out as well. You might find better options.
