Lucky Motor Corporation (LMC) has chosen to lower the cost of Kia vehicles in response to the recent strengthening of the Pakistani rupee versus the US currency.
LMC announced a price decrease for Kia cars of up to Rs. 500,000 in a news statement.
In the most recent pricing review, the costs of the 3.5L FWD, 2.4L AWD, and 2.4FWD Sorento models were each decreased by Rs. 500,000.
Read More:
Gold Trade in Pakistan Shrouded in Mystery Amid Massive Crackdown
It is important to note, nevertheless, that LMC has reduced the cost of its Kia vehicles only for clients who select the full payment option.
Here are the updated costs:
Model | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
Picanto AT | 3,950,000 | 3,850,000 | -100,000 |
Sportage FWD | 8,190,000 | 8,040,000 | -150,000 |
Sportage AWD | 8,920,000 | 8,770,000 | -150,000 |
Sportage Black Limited Edition | 9,650,000 | 9,300,000 | -350,000 |
Sorento 2.4L FWD | 10,800,000 | 10,300,000 | -500,000 |
Sorento 2.4L AWD | 11,700,000 | 11,200,000 | -500,000 |
Sorento 3.5L FWD | 11,790,000 | 11,290,000 | -500,000 |
Read More:
Rain and Snowfall Predicted in Upper Parts of Pakistan This Weekend
As of today, October 6, 2023, the new prices are in effect.
The corporation made it clear in its press statement that “new/additional duties and taxes, if any, imposed by the government and applicable at the time of delivery will be borne by the customer.”