Suzuki Mehran Installment Plans in Pakistan 2025 – Latest Prices & Guide
As of May 08, 2025, there is no official information from Pak Suzuki Motor Company (PSMC) confirming the relaunch or production of the Suzuki Mehran in 2025. The iconic “Boss” was discontinued in 2019 and replaced by the Suzuki Alto. Recent rumors and social media posts about a 2025 Mehran revival, including claims of new variants or prices (e.g., PKR 1.2–1.6 million), have been officially debunked by PSMC. The company has clarified that no new Mehran model is in development, and circulating images or videos are fake or AI-generated. However, for those interested in used Mehran cars or financing options based on historical data, here’s a guide using authorized insights and current market trends.
Pricing of Used Suzuki Mehran (2025 Market)
Since the Mehran is no longer in production, prices apply to used models available in the market:
- Used Mehran (various years): PKR 500,000–1,500,000
(Prices vary based on model year, condition, and location; sourced from local market trends as of early 2025.)
Installment Plans for Used Suzuki Mehran
While PSMC does not offer new Mehran installment plans, some banks and dealerships provide financing for used cars, including the Mehran, through flexible schemes. Based on authorized financing programs (e.g., Suzuki Finance Arrangement Program) and current practices:
3-Year Plan (Bank Alfalah, 50% Down Payment)
- Used Mehran (e.g., PKR 1,000,000 value):
- Down Payment: PKR 500,000
- Monthly Installment: PKR 18,056
- Extra Costs: Processing fee (PKR 20,000), insurance (PKR 50,000/year).
- Best For: Buyers wanting a shorter loan term.
5-Year Plan (UBL, 50% Down Payment with 15% Residual Value)
- Used Mehran (e.g., PKR 1,000,000 value):
- Down Payment: PKR 500,000
- Monthly Installment: PKR 11,111
- Residual Payment: PKR 150,000
- Extra Costs: Processing fee (PKR 20,000), insurance (PKR 50,000/year).
- Best For: Those preferring lower monthly payments with a final lump sum.
5-Year Islamic Plan (Meezan Bank, 50% Down Payment)
- Used Mehran (e.g., PKR 1,000,000 value):
- Down Payment: PKR 500,000
- Monthly Installment: PKR 11,111–11,500 (Ijarah-based).
- Extra Costs: Processing fee (PKR 20,000), insurance (PKR 50,000/year).
- Best For: Customers seeking Shariah-compliant options.
(Note: Exact installments depend on the car’s value, bank rates, and approval. Contact banks for precise quotes.)
Banks Offering Installment Plans for Used Cars
- Bank Alfalah: 3–5-year plans for used cars; EMI starts around PKR 18,000/month.
- UBL: 5-year plans with residual value options for manageable payments.
- Meezan Bank: Islamic financing with flexible terms for used vehicles.
Eligibility and Application Process
- Who Can Apply: 18+ individuals with CNIC and proof of income.
- Documents Needed: CNIC, salary slips/bank statements, down payment, car ownership proof.
- Steps:
- Visit a bank branch (Alfalah, UBL, Meezan) or authorized dealer.
- Submit documents and down payment.
- Await verification (1–3 days).
- Sign agreement and take delivery.
- Availability: Depends on used car listings (e.g., PakWheels, OLX).
Key Features of Suzuki Mehran (Historical)
- Engine: 0.8L (39 hp) with Euro-II option post-2012.
- Fuel Economy: 13–18 km/l.
- Features: Basic design, manual windows, optional AC in VXR, no modern safety features.
Practical Tips for Buyers
- Verify Car Condition: Check mileage and history before financing a used Mehran.
- Compare Rates: Ask banks for current interest rates (e.g., 10–15% annually).
- Budget Extra: Include PKR 70,000–100,000/year for insurance and maintenance.
- Avoid Rumors: Rely only on PSMC’s official website (suzukipakistan.com) or bank confirmations for updates.
- Explore Alternatives: Consider the Suzuki Alto (PKR 2.5–3.5 million) for new car financing.
Since the Mehran isn’t returning in 2025, these plans apply to used models. For the latest authorized updates or to explore new Suzuki models, contact PSMC at 021-111-789-854 or visit a bank today!
