Honda Avenue Islamabad has introduced a 0% markup installment plan under the Insurance Guarantee (AIL) program for the popular Honda HR-V lineup, including the HR-V VTi S, HR-V VTi V, and HR-V e:HEV hybrid. This offer allows customers to own their favorite SUV with short-term financing options of up to 24 months while avoiding extra interest costs.
Installment Plan Breakdown
Here is a detailed breakdown of the payment plan:
| Details | HR-V VTi S (24 Months) | HR-V VTi V (24 Months) | HR-V e: HEV (12 Months) | HR-V e: HEV (18 Months) |
|---|---|---|---|---|
| Retail Price (Ex-Factory) | Rs. 7,799,000 | Rs. 7,549,000 | Rs. 8,999,000 | Rs. 8,999,000 |
| Freight | Rs. 35,000 | Rs. 35,000 | Rs. 35,000 | Rs. 35,000 |
| WHT (Filer) | Rs. 156,680 | Rs. 151,680 | Rs. 180,680 | Rs. 180,680 |
| Initial Down Payment | Rs. 3,200,000 | Rs. 3,000,000 | Rs. 4,500,000 | Rs. 5,000,000 |
| Total Initial Payment to HACPL | Rs. 3,391,680 | Rs. 3,186,680 | Rs. 4,715,680 | Rs. 5,215,680 |
| Insurance Premium (Comprehensive + Tracker) | Rs. 116,985 | Rs. 113,235 | Rs. 134,985 | Rs. 134,985 |
| Insurance Guarantee | Rs. 95,980 | Rs. 94,980 | Rs. 45,490 | Rs. 84,980 |
| Total Payment to AIL | Rs. 212,965 | Rs. 208,215 | Rs. 180,475 | Rs. 219,965 |
| Total Initial Payment | Rs. 3,604,645 | Rs. 3,394,895 | Rs. 4,896,155 | Rs. 5,435,645 |
| Down Payment (All Inclusive) | 45% | 44% | 54% | 59% |
| Balance Amount | Rs. 4,599,000 | Rs. 4,549,000 | Rs. 4,499,000 | Rs. 3,999,000 |
| Installment Administration Dues | Rs. 200,000 | Rs. 200,000 | Rs. 50,000 | Rs. 250,000 |
| Total Balance Amount | Rs. 4,799,000 | Rs. 4,749,000 | Rs. 4,549,000 | Rs. 4,249,000 |
| Per Month Installment (PMI) | Rs. 199,958 | Rs. 197,875 | Rs. 379,083 | Rs. 236,056 |
Key Takeaways
- 0% Markup: No extra interest on installments.
- Flexible Tenures: 12, 18, and 24-month plans available.
- Affordable Down Payments: Ranging from 44% to 59%.
- Hybrid Option: HR-V e:HEV available for eco-conscious buyers.
Contact for Booking
📞 Honda Avenue Islamabad
- 0332-0571000
- 0320-5275000
Why This Offer is Attractive
This installment plan is ideal for those who want to own a premium SUV without paying markup. Buyers can enjoy structured payments, comprehensive insurance with tracker, and guaranteed transparency through the AIL program.
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اہم نوٹ: ہمیشہ باضابطہ ڈیلرشپ سے بکنگ کروائیں اور تمام ادائیگیوں کی رسید حاصل کریں۔
FAQs
1. Is this installment plan really interest-free?
Yes, the plan is based on 0% markup, meaning no additional interest is charged.
2. What is the tenure of the plan?
You can choose between 12, 18, or 24 months depending on the model.
3. Do I need to pay insurance separately?
Insurance cost is included in the initial payment package.
4. Is this plan available across Pakistan?
Currently, this offer is available through Honda Avenue Islamabad only.
5. Can I get financing through a bank instead?
Yes, but bank financing usually comes with interest. This plan is better for interest-free buyers.