Suzuki Pakistan has announced new installment plans for its popular Alto model, aiming to make car ownership more accessible in light of recent price increases. The company, in collaboration with Bank Alfalah, has structured these plans to help customers manage their finances more effectively while still owning a reliable vehicle.
The new plans are available for various Alto variants, including the VXR and VXL AGS models. For the Alto VXR, priced at Rs. 2,827,000, buyers are required to make a down payment of Rs. 850,000. Additional costs include a processing fee of Rs. 15,500 and first-year insurance of Rs. 67,675, with a monthly installment set at Rs. 56,540 over a five-year period. The Alto VXL AGS, which is priced at Rs. 3,140,000, requires a down payment of Rs. 942,000. The processing fee for this model is Rs. 15,550, and first-year insurance costs Rs. 76,125, with monthly payments of Rs. 62,500.
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The updated prices for the 2025 Suzuki Alto range from Rs. 2,331,000 for the VX variant to Rs. 3,140,000 for the upgraded VXL AGS variant. The installment plans are tailored to accommodate these new prices, ensuring that buyers can spread the cost of ownership over time.
In addition to flexible payment options, buyers must consider tax implications based on their filer status. For example, the tax on the Alto VXL AGS Upgraded model is Rs. 15,700 for filers and Rs. 47,100 for non-filers.
To apply for these installment plans, customers need to provide several documents including a copy of their CNIC, proof of income, address verification, bank statements for the past six months, and passport-sized photographs. Once submitted, Bank Alfalah will process the application according to its internal policies.
These installment options are a strategic move to maintain customer interest and accessibility despite rising vehicle costs, offering a practical solution for those looking to purchase a new Suzuki Alto without the financial strain of a lump sum payment.
