November 10, 2023 (MLN): Lucky Motor Corporation Limited (KIA) is offering an easy and interest-free installment plan for its cars, according to a notice issued by the company today.
The customers can avail this offer by submitting 18 post dated cheques for the remaining amount after paying the 30% advance down payment. The company claims that the process is seamless and has an easy payment structure.
Vehicle
Ex-Factory Price
Down-Payment (30% of ExFactory)
WHT Filer
Registration (Approx)
Insurance + Tracker (Approx)
Total Out of Pocket Upfront (Approx)
Per Month Installment on 18 EMI
SORENTO 2.4L FWD
9,199,000
2,759,000
552,660
250,000
254,763
3,829,123
357,739
SORENTO 2.4L AWD
9,449,000
2,834,700
567,660
270,000
261,383
3,945,743
367,461
SORENTO 3.5L FWD
9,699,000
2,909,700
971,100
500,000
268,002
4,660,803
377,183
Amount in PKR
However, the customers have to pay all the taxes upfront.
Moreover, the insurance, tracker, registration, and freight costs are also to be paid in advance as per the company's policy.
The company also states that a contract will be signed by the individual or company who opts for the installment plan.
