Kia Motors makes several car models pricier
By MG News | July 05, 2023 at 12:28 PM GMT+05:00
July 05, 2023 (MLN): Kia Motors (Lucky Motors Corporation Limited) has revised prices for several of its car variants, which will be effective from July 05, 2023.
The company increased the prices of Picanto AT from Rs3.625 million to Rs3.825m, a jump of Rs200,000.
Similarly, the Stonic EX+ variant now costs Rs6.05m up from Rs5.93m.
In the Sportage lineup, the Alpha variant has increased to Rs7.3m, a jump from Rs7.05m, and the FWD variant now costs Rs8.19m.
The AWD variant of the Sportage is available at Rs8.82m, increasing from Rs8.57m, and the Black Edition is priced at Rs 9.3m as compared to Rs9.05m earlier.
Likewise, in the Sorento models, the 2.4L FWD variant is now priced at 10.8m, while the 3.5L FWD variant costs 11.79m. The Sorento 2.4L AWD variant is available at 11.7m.
On the other hand, the Picanto MT, Stonic EX, and the Carnival Executive variants remain unchanged at Rs3.35m, Rs5.35m, and Rs16.75m.
| Model | Variant | Existing (Ex-factory including CVT) | Revised (Ex-factory including CVT) | Difference | Booking Terms |
|---|---|---|---|---|---|
| Picanto | MT | 3,350,000 | 3,350,000 | 0 | Price Lock on full payment |
| Picanto | AT | 3,625,000 | 3,825,000 | 200,000 | |
| Stonic | EX | 5,350,000 | 5,350,000 | 0 | |
| Stonic | EX + | 5,930,000 | 6,050,000 | 120,000 | |
| Sportage | Alpha | 7,050,000 | 7,300,000 | 250,000 | |
| Sportage | FWD | 7,940,000 | 8,190,000 | 250,000 | |
| Sportage | AWD | 8,570,000 | 8,820,000 | 250,000 | |
| Sportage | Black Edition | 9,050,000 | 9,300,000 | 250,000 | |
| Sorento | 2.4L FWD | 10,400,000 | 10,800,000 | 400,000 | |
| Sorento | 3.5L FWD | 11,390,000 | 11,790,000 | 400,000 | |
| Sorento | 2.4L AWD | 11,300,000 | 11,700,000 | 400,000 | Partial Payment |
| Carnival | Executive | 16,750,000 | 16,750,000 | 0 |
Amount in PKR
Terms & Conditions:
- All customer orders (excluding Sorento and Carnival) booked in June or previous months and are Good to Go (GTG) with full payment credited in LMC's bank account as of 5. July 2023, will be delivered at the existing Ex-Factory Price.
- All customer orders booked in LMC's system effective 3. July 2023, will be delivered at revised Ex-Factory Price.
- Ex-Factory prices are exclusive of freight and insurance charges.
- New/additional duties and taxes, if any, imposed by the Government and applicable at the time of delivery will be borne by the customer.
- Price Lock will be applicable on all bookings on revised prices (subject to stock availability). 6 Price Lock offer is for the limited time period and LMC reserves the right to reverse the Price Lock anytime as it deems fit.
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