Suzuki motor industry has served the Pakistani car market with personal and commercial vehicles. Suzuki is considered one of the top dogs in the local need. Recent economic instability in the country has made purchasing cars next to impossible, especially for the lower to the middle class. This is why Suzuki recently offered easy car instalment plans through RV financing.
This article talks about how Suzuki quickly helps finance cars for itss customery.
Residual Value Financing
Residual Value (RV) refers to the resale value of a car at the end of the agreement. The leasing company calculates the estimated residual value of a vehicle (In this case, Suzuki itself) at the start of a contract. It is a critical factor in determining the cost of monthly payments.
Features of Suzuki RV Financing Car Installment Plans
Suzuki Motor Company has partnered with Meezan Bank and Bank Alfalah to formulate easy car instalment plans for cars through an RV Financing arrangements. The aim is to help the middle class to purchase their favourite Suzuki car at an easy instalment plan with monthly payments for as low as 40 % in these testing times. RV financing agreement also enables customers to change their vehicle every 2-3 years.
RV financing agreement features include free Registration, discounted Markup Rates (up to K +3%), discounted Insurance Rates (up to 1.99%), and no early settlement charges, which come in handy if you settle a loan to get a new car.
Through RV Financing, customers can change a car every 2-3 years by incorporating Suzuki’s One Window Solution. All that is required is to return the vehicle and get the correct market value at Suzuki’s dealerships to upgrade to a newer model. Furthermore, Suzuki cars’ instalment car will allow customers to settle their loan at any time during the financial tenure.
Through the Suzuki Car Installment Plans, customers can get monthly rentals as low as:
- Suzuki Alto – Rs. 39,455
- Suzuki Wagon R – Rs. 51,170
- Suzuki Cultus – Rs. 60,336
- Suzuki Swift – Rs. 75,000
These monthly payments are calculated based on RV instalments for 3 Years.
Suzuki also offers a buy-back guarantee for up to three years. The dealership pays the RV amount to the bank, and the remaining amount becomes the down payment for a new car.
For more information, you can visit Suzuki’s official website and contact Meezan Bank and Bank Alfalah.
