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Category Archives: Car Leasing
Suzuki Swift 2010 in Pakistan
It has been a long time coming. As you are aware, we have been hoping for the Swift to be brought to Pakistan for some time now. Suzuki did what any sensible company should have done and brought a jawdropper … Continue reading
The Art of Leasing a Car – How secured is an insured leased car?
Insurance is the only method with which one can ‘reclaim’ some of the expenses incurred in obtaining & using a car. It is adviseable to have complete car insurance even when the car is not leased but in case of … Continue reading
Posted in Car Care & Safety, Car Leasing, News & Events, Updates
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The Art of Leasing a Car – KIBOR & its implications!
Those of us who have off-late ‘attempted’ borrowing from a bank in the recent past have all heard of the mysterious KIBOR. All banks nowadays peg their lending to the KIBOR & then add their spread to give their customers … Continue reading
The art of Leasing a Car
Car leasing today seems to have become a hard science with all the islamic/unislamic/fixed-rate/KIBOR-linked rate/flexible-tenure/flexible-downpayment/insurance options ‘mumbo-jumbo’ and what not but infact it is as much an art as painting or photography. Before I confuse you further with my ‘Science … Continue reading
Posted in Car Leasing, News & Events, Pictures, Updates
Tagged Add new tag, Art, Auto Lease, Car, Car Leasing, How to, Leasing, Science
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Buying Used Cars
Pak Suzuki has come out with this very ‘sensible’ offer. Now you can buy a Suzuki Certified USED car from Pak Suzuki Motors Co Ltd. The car that you end up buying from them comes with a ONE YEAR WARRANTY … Continue reading
Car Leasing vs Car Ijarah
The major differences between Car Ijarah & Car Leasing are as follows: Rights & liabilities of Owner v/s User An Islamic Ijarah is an asset-based contract, i.e. the Lessor should have ownership of the asset during the period of the … Continue reading
Posted in Car Leasing
Tagged Add new tag, Banking, Consumer Finance, Ijarah, Islamic vs Conventional, Lease
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Car Leasing Rates – ouch!
Just got some updates from the bank that I lease my car from i.e. Faysal Bank. The current rate for leasing cars is a whopping TWENTY SEVEN percent. Yes, 27%! I personally find it unbelievable and when I showed my … Continue reading
Posted in Car Leasing, Updates
Tagged car financing, Car Leasing, faysal bank, financing, percentage, rates
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Banks adopt stringent policy on auto loans
We had it coming, didn’t we? Didn’t we all complain that there are too many cars on the road? Didn’t some of us actually said that wait till people start defaulting? But no one could have expected the inflation to … Continue reading
Posted in Car Leasing, News & Events, Updates
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