With their “Installment Offer,” Pak Suzuki is able to save Rs. 800,000

With their "Installment Offer," Pak Suzuki is able to save Rs. 800,000

With the purchase of a new Suzuki vehicle, consumers may save up to Rs. 800,000 thanks to an exciting new payment offer from Pak Suzuki. This program aims to increase the affordability and accessibility of Suzuki automobiles for a wider range of individuals, in collaboration with Habib Metro Auto Finance.

With the installment plan, buyers may purchase a new Suzuki automobile without having to make a sizable down payment. They can pay in more reasonable, smaller payments instead. With savings of up to Rs. 800,000, the program offers automobile purchasers significant financial relief. Additionally, fixed interest rates as low as 18% are part of the plan, which may result in further savings.

Pak Suzuki is introducing a number of buy and exchange bonus offers on its popular models, including as the Alto, Wagon R, and Swift, in addition to the payment plan. These promotions are meant to increase revenue and strengthen the business’s financial standing in these hard times.

This payment offer’s introduction coincides with a pivotal moment for Pak Suzuki. The business has revealed that it lost a substantial Rs. 10.07 billion in 2023. The main causes of this loss are the steep drop in sales, manufacturing hiccups, and hefty taxes.

Pak Suzuki’s net sales revenue, which was Rs. 102.11 billion, decreased by over 50% from the previous year. This significant decline highlights the challenges the business is experiencing. Extended periods of non-operation due to inventory shortages have also negatively impacted sales.

Pak Suzuki overcame these obstacles to increase its gross profit to Rs. 17.27 billion from Rs. 11.68 billion in the prior year. A larger profit margin of 16.91% was the outcome of this development, which is a considerable rise over the 5.77% margin seen in 2022. This development is a result of the company’s efforts to overcome the present challenges and improve its financial management.

Pak Suzuki is making a calculated move with the new payment option to increase sales and assist consumers in saving money. In order to draw in more customers and boost sales during lean times, Suzuki is offering a more economical option to acquire a new vehicle.