Islamabad, 17 May, 2025: Toyota Unveils Cheap Car initiative through a new financing plan launched in partnership with Bank Alfalah and Bank Alfalah Islamic, aiming to make owning a Toyota more affordable for Pakistani consumers. The scheme is now operational nationwide via official dealerships and bank outlets.

Affordable Financing Options Rolled Out

The collaboration introduces a vehicle financing structure based on a markup of KIBOR plus 3%, with the choice of both Islamic and conventional options.

The offer is available for a wide selection of Toyota vehicles and comes bundled with several perks intended to support buyers beyond the point of purchase.

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Key benefits include:

  • Discounted scheduled maintenance packages
  • Lower-cost extended warranties
  • Insurance starting from 1.5%
  • Faster delivery for select models

This initiative responds to rising economic challenges by lowering the upfront and long-term costs of owning a car, ensuring that post-sale support remains a strong component of the ownership experience.

Broad Access Across Pakistan

The program is accessible at all authorized Toyota showrooms as well as Bank Alfalah and Bank Alfalah Islamic branches.

Customers may begin their application process at either platform, with approvals based on each applicant’s financial standing and the bank’s lending criteria.

Toyota confirmed that while the scheme covers multiple models, the exact terms such as monthly payments and tenure will depend on the customer profile and selected vehicle.

Insurance partners have also agreed to reduced premiums, further easing financial pressure on new buyers.

Car Ownership in Reach for More Pakistanis

Toyota Unveils Cheap Car strategy not only makes cars financially attainable but also offers structured post-purchase care, aiming to build long-term customer satisfaction.

The brand hopes that this combination of affordability, service, and reliability will help meet the growing mobility needs across the country.

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As part of this move, Toyota Unveils Cheap Car options signal a step toward accessible car ownership at a time when affordability remains a key concern for many households.

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