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PakWheels is a Pakistani online marketplace for car shoppers and sellers based in Lahore. [2] It aggregates thousands of new, used, and certified second-hand cars from thousands of dealers and private sellers. [3] The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance ...
Interest rates play a crucial role in shaping the true cost of a used car. The more expensive the car, and the higher the rate, the more expensive the monthly payment will be.
The Karachi Interbank Offered Rate (KIBOR) is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Karachi wholesale (or "interbank") money market. [1] The banks used it as a benchmark in their lending to corporate sector. [2]
Toyota Indus's Corolla is the most assembled car in Pakistan. In 2017, 52,874 models were made. The automotive industry in Pakistan is one of fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 7% of Pakistan's GDP and employed a workforce of over 6.8 million people as of 2024. Pakistan is the 15th ...
Studies have shown that the average per-unit finance cost can be higher when financing through a dealership than independent lenders. For example, one study found that the price increased by $674 when dealer financing was used, potentially due to additional products or services (an average of 4.63 add-ons per deal) in the financing package. [4]
unitedmotorcycle.com.pk (for motorcycles) unitedcars.com.pk (for cars and trucks) United Auto Industries ( United Motors ; Urdu : یونائیٹڈ موٹرز ) is a Pakistani automobile manufacturer based in Lahore , Punjab .
Pak Suzuki Motor Company Limited (PSMCL) is a Pakistani automobile company which is a subsidiary of Japanese automaker Suzuki. [2] [3]It is the Pakistani assembler and distributor of cars manufactured by Suzuki and its subsidiaries and foreign divisions. [4]
MG JW Automobile Pakistan is owned by SAIC Motords China (51%) and JW Group Pakistan (49%)]]. MG JW Automobile Pakistan has signed Memorandum of Understanding (MoU) with Morris Garages (MG) Motor UK Limited, owned by SAIC Motor China to bring ICE, PHEV and EV cars in Pakistan. It has established state of the art assembling plant for ICE and ...