Pak Suzuki Motor Company (PSMC) is offering Suzuki Alto VXR 2023 on an easy installment plant via Bank Alfalah Auto Loan, which makes getting the vehicle much easier in today’s economy and extremely high prices of cars.
In this article, we are going to discuss the installment plan for the Suzuki Alto VXR 2023 under car financing from Bank Alfalah, which is providing installment plans up to 5 years. Let us discuss specifications regarding the vehicle before diving into details about the installment plan.
The Suzuki Alto VXR 2023 comes equipped with a 660cc engine that is capable of producing 39 horsepower (hp) along with 56 Newton-meters (Nm) of torque. Furthermore, the vehicle is equipped with a 5-speed manual transmission system.
The vehicle actually comes in four variants, which include the Suzuki Alto VX, VXR, VXR AGS, and the VXL AGS, which is the top-of-the-line variant. However, we are only going to focus on the installment plan for the Suzuki Alto VXR in this post.
If you want to check out the installment plan for the Suzuki Alto VXL AGS, please refer to our post below.
The Suzuki Alto VXR is a very basic vehicle with no special bells and it is marketed as a budget vehicle and remains the cheapest offering from Pak Suzuki Motor Company (PSMC) following the discontinuation of the Mehran (aka Boss).
Unlike its AGS counterpart, the Suzuki Alto VXR does not offer an infotainment screen or Anti-Lock Braking System (ABS). However, the vehicle does include a dual SRS airbag for driver and passenger safety.
Suzuki Alto VXR Price in Pakistan
The price of the Suzuki Alto VXR 2023 in Pakistan is Rs. 1,976,000 and you can get the vehicle on an easy installment plan from Bank Alfalah without having to pay the complete amount all at once, which brings the vehicle in the buying power of many people.
Alfalah Auto Loan
You can buy the Suzuki Alto VXL AGS 2023 through an easy installment plan using Bank Alfalah’s Auto Loan. According to the details, Bank Alfalah provides the following features while buying a car using its Auto Loan:
- You can choose a locally assembled/manufactured new or used car
- Affordable markup rates to choose from
- Residual value option to lower your instalment
- Partial Payment Option Available
- Option to Defer Insurance & Registration charges
- Zero charges on Car replacement option
- Flexible financing tenure
- Minimum 2 years & Maximum 5 Years (Vehicles up to 1000 CC)
- Minimum 2 years & Maximum 3 Years (Vehicles above 1000 CC)
Suzuki Alto VXR 2023 Installment Plan
As per Pak Suzuki Motor Company (PSMC) website, you can get the Suzuki Alto VXR 2023 on easy monthly installment plan through Bank Alfalah by depositing a down payment of Rs. 592,800 at a monthly payment (installment) of Rs. 37,793.
Furthermore, your upfront payment may also include processing fee (Rs. 8,700), first year insurance (Rs. 49,400) and charges for vehicle registration taking the complete down payment to Rs. 681,900.
Installment Plan Breakdown
|Down Payment (30%)||PKR 592,800|
|Processing Fees||PKR 8,700|
|1st Year Insurance Amount||PKR 49,400|
|Monthly Payment (5 years)||PKR 37,793|
|Total Down Payment||PKR 681,900|
Disclaimer: Above calculations are tentative and the down payment includes first year advance insurance. Monthly installment is inclusive of insurance amount and subject to change. Registration fees and withholding tax will be paid by customer with down payment.
Eligibility and Document Requirement
To check out installment plans for other vehicle, make sure to visit our automotive section.
You should also check out details of Suzuki’s RV Financing below.