Govt Introduce Car Financing scheme
According to recent news, the federal government decided to launch a Car Financing scheme under the upcoming Auto policy. Through this scheme, the government decided to reduce the car prices so that citizens can buy their first cars easily. Thus, this scheme will help those who can’t afford the cards due to high prices.
However, the federal minister of Industries and Productions talked about the upcoming auto policy. During his speech, he mentioned the main points of the policy and how this scheme will help the people.
- New buyers will pay 20% less amount for the 1000CC cars
- The price of the 600CC vehicle will be decreased by Rs 105,000 while for 1000CC vehicle, Rs 142,000.
- Buyers have to get the registered vehicles against his/her name.
Further, the minister stated that this step would increase the demand for the vehicles that will boost sales. Thus, this will create business and employment opportunities. Thus, the government will present the auto policy to the federal cabinet in the 1st week of August. Tus to get the latest news, keep visiting us.
