Corporate Automobile pvt ltd is real or fake - Based on internet reviews ~ Affairs Outline

When you want to buy your dream car and you don't have money in your account then the 2nd option you are thinking about is to take a car on lease or finance a car from bank.

But when you visit bank or browse bank website and their auto finance car loan calculator you come to know they will charge a huge amount in terms of interest or some bank use some Islamic words in replacement of interest and plus insurance fee and yearly tracker fee.

Banks interest rate is mostly according to state bank interest rate or some time more then it and they require from you 2 grantors your 6-12 months bank statement showing your salary or income at-least double from your monthly installment and employment latter from your employer that you are his permanent employee.

Now every one fall in that that bank criteria plus when you finance a car from bank it cost you almost 25% more than its actual cost.

So when people search for any other easy alternative of bank on internet they come to know about a company Corporate Automobile Pvt. ltd. (their are some other companies as well like Mian group of implex , Pak memon Implex etc working in pakistan but we discuss these in some other post)

The company Corporate Automobile Pvt Ltd have many offices in pakistan having their head office in Bank road Rawalpindi Cantt. They put their ad on Pakwheels.com and Olx.com in car financing section. they mostly use different accounts to post their add and target almost every car and every place of the city mentioning very low interest rate like 6-8% while state bank interest rate is about 13%.

Below is an ad details which they put on olx about Honda civic reborn finance.

This company is register with SECP and FBR also.

But its a non banking company and SECP already warn public to not deal with any non banking company for load or financing purpose.

Here its shows only 6% interest rate and no processing fee , no tracker fee no other charges. Strange.

But the thing which puts you in doubt is that why they are not charging for tracker or why their interest rate is so less then other bank. Plus when you search more about them you come to know they are putting ad's about every car and also using paid olx promotion to boost their ad and cover all major cities of pakistan.

Not only they cover each and every car and city but also they are punting ads against each and every sector of a city as shown in below picture.

As this post is totally based on reviews and facts above are some facts which puts any one inn doubt about the credibility of that company and now inn next section we look into the reviews section from users across internet about corporate automobile.

Starting From Google Reviews.

Here is the 4 google questions and their answers and surprisingly each 4 persons are asking about the credibility of that company is they (corporate automobile ) is real and fake and all these 4 persons gets reply back from 4 different people said its a fake company or they are scamming peoples.