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Kia lowers vehicle prices by as much as Rs. 500,000

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.

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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

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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.”

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