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Suzuki Cultus VXL and AGS Installment Plan in Pakistan June 2023

Pak Suzuki Motor Company (PSMC) has partnered with Bank Alfalah to introduce an easy installment plan for the Suzuki Cultus VXL and AGS 2023 models in Pakistan, enabling several people to own this vehicle without paying the full amount upfront. Let’s delve into the details of the Suzuki Cultus price and installment plans.

Suzuki Cultus Price and Installment Plan – June 2023

The Suzuki Cultus is equipped with an EFi 998cc engine, which can be paired with either a 5-speed manual transmission or an Automatic Gear Shift (AGS) system, capable of generating 67 horsepower and 90 Nm of torque.

The vehicle is available in three different variants: Suzuki Cultus VXR, VXL, and AGS. For the purpose of this article, we will focus on the two top-end variants, the VXL and AGS, and discuss their respective installment plans.

When it comes to features, the Suzuki Cultus doesn’t offer an extensive range. It is equipped with basic amenities such as power windows, power mirrors, and an 8-inch infotainment system with Bluetooth, radio, aux, and USB input.

In terms of safety, the Suzuki Cultus VXL and AGS are equipped with two airbags, an immobilizer, and an Anti-Lock Braking System (ABS). However, despite carrying a price tag of over Rs. 3 million, these vehicles lack additional safety features, relying solely on seatbelts.

Also, check; Suzuki Alto All Model Price in Pakistan June 2023.

Suzuki Cultus VXL and AGS Price in Pakistan:

As of now, the price of the Suzuki Cultus VXL 2023 model in Pakistan stands at Rs. 3,889,000, while the Suzuki Cultus AGS 2023 variant is priced at Rs. 4,157,000. These figures place the vehicle beyond the reach of most individuals, making it less accessible for the middle-class segment of society.

Bank Alfalah Auto Loan:

To make the Suzuki Cultus VXL and AGS 2023 more attainable, Bank Alfalah offers an easy installment plan known as the Auto Loan facility. This financing option presents several key features for individuals purchasing a car:

  • The ability to choose a locally assembled or manufactured new or used car.
  • Affordable markup rates to suit varying financial capacities.
  • Residual value option to lower the monthly installments.
  • A partial payment option is available.
  • Option to defer insurance and registration charges.
  • Zero charges on the car replacement option.
  • Flexible financing tenure, ranging from a minimum of 1 year to a maximum of 7 years for vehicles up to 1000 CC, and the same duration for vehicles above 1000 CC.

Suzuki Cultus AGS Installment Plan:

According to the Pak Suzuki Motor Company (PSMC) website, you can acquire the Suzuki Cultus AGS 2023 model through an easy monthly installment plan in Pakistan. To initiate the plan, a down payment of Rs. 1,247,100 (30%) is required. It’s important to note that additional costs, including a processing fee of Rs. 8,700 and first-year insurance amounting to Rs. 93,532, must be considered. The resulting monthly installment will be Rs. 78,636.

Installment Plan Breakdown:

PricePKR 4,157,000
Down Payment (30%)PKR 1,247,100
Processing FeesPKR 8,700
1st Year Insurance AmountPKR 93,532
Monthly Payment (5 years)PKR 78,636
Total Down PaymentPKR 1,370,332

Suzuki Cultus VXL Installment Plan:

Similarly, the installment plan for the Suzuki Cultus VXL can be availed by making a down payment of Rs. 1,166,700 (30%), excluding additional costs like the processing fee of Rs. 8,700 and first-year insurance amounting to Rs. 87,502. The resulting monthly installment will be Rs. 73,572.

Installment Plan Breakdown:

PricePKR 3,889,000
Down Payment (30%)PKR 1,166,700
Processing FeesPKR 8,700
1st Year Insurance AmountPKR 87,502
Monthly Payment (5 years)PKR 73,572
Total Down PaymentPKR 1,283,902

These installment plans provide potential buyers with the opportunity to own a Suzuki Cultus VXL or AGS model through manageable monthly payments. While the price range may pose challenges for some, the availability of auto loans and installment plans aims to make these vehicles more accessible to a wider audience.

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