Auto Financing Declined for 16th Consecutive Month
Auto loans in Pakistan have consistently declined for the 16th month in a row, with a total of Rs 264 …
Auto Financing Declined for 16th Consecutive Month Read MorePakistan's Trusted Automobile Blog
Auto loans in Pakistan have consistently declined for the 16th month in a row, with a total of Rs 264 …
Auto Financing Declined for 16th Consecutive Month Read MoreCar financing in Pakistan has been on a constant decline for 10 months in a row now according to data …
How Viable is Car Financing Today? Read MoreCar financing continued to decline for the 10th consecutive month, falling by 16% to Rs 308 billion in April 2023 from Rs 368 billion in June 2022.
Car Financing Declined for 10th Consecutive Month Read MoreAuto financing in Pakistan continued to decline for the 8th consecutive month in February 2023 dipping nearly 9% to Rs 326 billion from Rs 357bn in the same month of the previous year, according to the data released by the State Bank of Pakistan (SBP).
Auto Financing Falls for 8th Consecutive Month Read MoreCar financing continue to show downward trend in Pakistan as it has recorded a decline for the fourth consecutive month in this fiscal year. According to the data released by the State Bank of Pakistan (SBP), auto financing figure in October stood 1.4% lower than its September 2022 level.
Car Financing Drops for Fourth Consecutive Month Read MoreDue to constantly increasing vehicle prices and high interest rates, auto financing has dropped to the lowest level since January 2022. Compared to July, it again dropped by 2.2% in August.
Auto Financing Dropped to Lowest Since January Read MoreMost people can’t even afford to buy new cars even through bank financing. The estimated monthly installments were already mind boggling, however it looks as if even most of the white collar people are finding it hard to avail the financing.
Can’t Even Avail Auto Financing, Who’s Buying All These Cars? Read MoreState Bank of Pakistan (SBP) has reduced the consumer financing tenure for vehicles as the country battles a bulging import bill.
State Bank Reduces Auto Financing Loan Tenure Read MoreThe cost of new car financing will haunt you for sure, how many of you can afford?
Car Financing Costs will Haunt You Read MoreAfter hitting a record high, car financing in Pakistan is beginning to slow down due to rising car prices, contracting purchasing power of consumers and discouraging auto finance policies introduced by the State Bank to mitigate the swelling trade deficit.
Car Financing Beginning to Slow Down Read More