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Suzuki and Habib Bank’s new exchange program, new Alto now in easy installments

Muhammad Ali (Web Desk Reporter) by Muhammad Ali (Web Desk Reporter)
September 19, 2025
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Lahore: Suzuki Pakistan, in collaboration with Habib Bank Limited, has introduced a new exchange program, which aims to provide customers with an opportunity to easily upgrade to the new Alto model.

Under this scheme, vehicle owners can trade-in their old vehicle with a new Alto and get financing at just 9.99 percent mark-up rate. According to the company, customers can take home the new Alto by paying just Rs. 18,999 per month, however, the actual installment will depend on the value of the old vehicle.

As per the terms, this calculation is based on a used car worth Rs 2.1 million, while the remaining amount will be financed by Habib Bank. Suzuki says that this move will further improve Alto sales and provide easy payment options to customers.

According to a report by the Pakistan Automotive Manufacturers Association, 4,193 Alto units were sold in August 2025 alone, which shows a 107 percent increase compared to 2,023 units in August 2024 last year. This is also 80 percent more than the 2,327 units in July 2025.

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Muhammad Ali (Web Desk Reporter)

Muhammad Ali (Web Desk Reporter)

Muhammad Ali is a Web Desk Reporter at The Pakistan Observer, contributing to the publication’s digital news coverage with a focus on timely, accurate and reader-friendly reporting.

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