Auto financing experienced a slight increase, rising to Rs 235.454 billion in December 2024 from Rs 234.6 billion in November.

The post Auto Financing Sees Positive Shift with December’s Uptick first appeared on CarSpiritPK and is written by News Desk.

For the last two to three years, people have been looking more and more for used cars for auto finance …

The post Used Cars Keeping Auto Financing Afloat first appeared on CarSpiritPK and is written by News Desk.

Auto financing in Pakistan continued its downward trajectory for the 20th consecutive month, dropping to Rs 242.9 billion in February …

The post Auto Financing Declined for 20th Consecutive Month first appeared on CarSpiritPK and is written by News Desk.

The amount of outstanding vehicle loans fell for the 18th consecutive month to Rs 251 billion at the end of …

The post Auto Financing Drops for 18th Consecutive Month first appeared on CarSpiritPK and is written by News Desk.

Auto loans in Pakistan have consistently declined for the 16th month in a row, with a total of Rs 264 …

The post Auto Financing Declined for 16th Consecutive Month first appeared on CarSpiritPK and is written by News Desk.

Car financing in Pakistan has declined significantly. Rising interest rates and stricter financing rules, such as higher down payments and reduced loan tenures, have made it increasingly difficult for people to afford car loans.

The post How Viable is Car Financing Today? first appeared on CarSpiritPK and is written by UsmanAnsari.

Car 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.

The post Car Financing Declined for 10th Consecutive Month first appeared on CarSpiritPK and is written by News Desk.

Auto 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).

The post Auto Financing Falls for 8th Consecutive Month first appeared on CarSpiritPK and is written by News Desk.

Car 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.

The post Car Financing Drops for Fourth Consecutive Month first appeared on CarSpiritPK and is written by UsmanAnsari.

Due 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.

The post Auto Financing Dropped to Lowest Since January first appeared on CarSpiritPK and is written by UsmanAnsari.