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#Advance payment

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Pakistan’s New Auto Policy Proposes 20% Cap on Car Booking Advances
News

Pakistan’s New Auto Policy Proposes 20% Cap on Car Booking Advances

Car buyers in Pakistan may need to pay less upfront if the government approves and implements a proposed 20% advance payment cap. The Automotive Industry Development and Export Policy 2026–31 proposes to limit vehicle manufacturers from demanding more than 20% of a vehicle’s price as an advance payment at the time of booking. The proposal […]

November 11, 20262 min read