Tokyo - Japan's largest carmaker Toyota Motor Corporation said Tuesday it will recall more than 176 000 passenger cars sold domestically due to defective brake parts and reported 470,000 cars shipped overseas have a similar problem.

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Sales of cars and other vehicles including motorcycles touched 44,747 mark in August registering an increase of 41.60 percent compared to same month last year on the back of rising demand and production.

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The Central Board of Revenue (CBR) last month enhanced the depreciation on used cars up to 50 to 80 percent from 800cc to 1800cc cars under the transfer of residence and gift scheme.

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FINANCING LIST

 
 

ORIX LEASING PAKISTAN LIMITED

ORIX Leasing Pakistan Limited (OLP) is a subsidiary of ORIX Corporation, Japan's leading integrated financial services company with assets of approximately US$ 50 billion spread over operations in 23 countries. OLP serves as a regional base for ORIX operations in the Middle East. OLP offers a variety of leasing and ancillary services to a broad client base. Quality Service is the driving force behind the OLP work ethic. Clients are served from eight full-service offices strategically located throughout Pakistan.

Car Financing:

Security

We offer you the security of complete and comprehensive insurance cover through reputed companies such as Adamjee Insurance and EFU General. Further the insurance premium is built into your monthly installments, not charged upfront. Additionally, an OLP lease covers the lessee's full life insurance through the payment period, with total waiver of rentals in case of accidental death

Competitive Rates
With only 20% down payment, easy and affordable monthly installments, OLP gives you super value for money.

Speed
Our rapid and prompt processing service minimizes the hassles of application and documentation, ensuring quicker delivery of your car

Flexibility
OLP offers terms of repayment that can be adapted to diverse and varying budgets.

Personalized Services
Our professional and qualified staff is trained to maximize convenience and comfort for you

National Network
With branches in most major cities and towns in Pakistan, OLP provides you countrywide access to its services.

Who Is Eligible?

• Businessmen, Doctors, Lawyers, Architects, Engineers, Corporate Employees
other self-employed professionals whose net take home income exceeds
three times the monthly installment.
• For eligibility, you should be between 21 years 57 years of age at the time of financing.
• A resident of Pakistan.

TERMS and CONDITIONS

• All taxes, duties, registration cost, fees, C.E.D, CVT (Capital Value Tax) etc will be
borne by the lessee.
• All rentals will be paid in advance on the due date of every month.
• The offer is subject to credit approval, satisfactory documentation SECP rules.
• Withholding Tax of the supplier will be deduced under section 50(4) in the
absence of valid Tax Exemption Certificate.
• The calculation is based on the prevailing market price of the car, which is subject
to change without notice.
• The information contained, is subject to change from time to time.
• OLP reserves the right to revise any terms conditions or withdraw the
offer without assigning any reason whatsoever.

Prerequisite For Used Car

• Vehicle registered should not be older than 5 years.
• ORIX should be the second owner.
• Original copy of the Registration Book must be available.
• Ownership Certificate from Excise & Taxation department Clearance from CPLC to be obtained.
• N.I.C. copy of present owner.
• Previous sellers N.I.C. copy invoice.
• Evidence of payment to previous seller required.
• Quotation from 2 reputable dealers required to verify the market price.
• In case of locally manufactured cars, original manufacture invoice sales Certificate are required.
• All government taxes duties cleared.

Business /operational leasing Facility

ORIX Leasing Pakistan Limited Rentec


Today’s smart business managers have realized that primary benefit and profit comes from the use of machinery and equipment and not owning it, which is exactly why OLP Rentec offers you the facility of renting the resource you need for the time that you need it for.
OLP Rentec is not on short term and long term rentals. The assets are offered through one window operation whereby OLP Rentec takes the entire responsibility of:

• Operation
• Maintenance
• Repair
• Replacement
• Upgradation
• Insurance
• Logistics

Benefits of OLP Rentec

• Off balance sheet resource
• No capital expenditure
• Cash flow advantage
• Conservation of credit lines for working capital needs
• No pay roll & staff obligations
• No requirement of maintenance, repair & replacement
• Uninterrupted equipment services
• Equipment upgrade option
• No resale value risk
• No technology obsolescence risk
• Improved return on investment
• More time to focus on your core business

Equipment Available at OLP Rentec

• Diesel Generators
• Gas Generators
• Commercial Vehicles
• Employee Pick & Drop Vehicles
• Employee Cars
• Office Equipment
• Sign Boards


 

 

 
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