Auto Industry is struggling with low sales due to inflation and high prices especially those that cost upwards of Rs. 3 million. Pak Suzuki Motors Company (PSMC) has launched a new financing offer to overcome this issue.
The company claims that the customers will be able to save upto Rs. 600,000. from this offer. The detail of the offer are as follows:
As can be seen above, Suzuki is only offering this facility on Alto AGS, Wagon R VXL, Cultus VXL, and Swift GLX CVT. All of these variants have an on-road cost of well over Rs. 3 million.
Interestingly, savings of over Rs. 600,000 are only available on Suzuki Cultus VXL. The Swift GLX has the lowest amount of savings at just under Rs. 400,000.
Furthermore, given that it is a bank financing offer with markup, the overall value of the cars will be well over their Manufacturer’s Suggested Retail Price (MSRP). With that caveat, there is a big question mark on the value proposition of this “savings” offer.
