Kia Lucky Motor Corporation (KLMC) has announced a reduction in some of its car prices in Pakistan from 6th October 2023 after Pakistani Rupee (PKR) has shown massive gains against the US Dollar (USD) during the last few weeks.
The automotive continues to struggle due to the country’s current economic situation as automakers are highly dependent on imports. However, Kia Lucky Motor Corporation (KLMC) has stepped forward as the first automaker to announce a reduction after recovery of Pakistani Rupee (PKR) against the US Dollar (USD).
“At LMC, we believe in being open and transparent with out valued customers. Being a customer centric organization, we would like to inform you of a favorable development that directly benefits you.” the company wrote in a press release.
“Owing to the recent appreciation of PKR against the USD, we have decided to pass the benefit to our valued customers by reducing the price of our vehicles.” Kia Pakistan added, while sharing their latest price list as shown below.
Kia Car Prices
The following are the new prices of selected Kia Cars in Pakistan:
| Model | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
|---|---|---|---|
| Kia Picanto AT | 3,950,000 | 3,850,000 | -100,000 |
| Kia Sportage FWD | 8,190,000 | 8,040,000 | -150,000 |
| Kia Sportage AWD | 8,920,000 | 8,770,000 | -150,000 |
| Kia Sportage Black | 9,650,000 | 9,300,000 | -350,000 |
| Kia Sorento 2.4L FWD | 10,800,000 | 10,300,000 | -500,000 |
| Kia Sorento 2.4L AWD | 11,700,000 | 11,200,000 | -500,000 |
| Kia Sorento 3.5L FWD | 11,790,000 | 11,290,000 | -500,000 |
Terms and Conditions
As per the company’s terms and conditions:
- All customer orders which will be invoiced from 6th October 2023 will be invoiced on the revised ex-factory prices.
- All orders booked in LMC system effective 6th October 2023 will be delivered at the new ex-factory price.
- The new prices will be valid on full payment only.
- The customer is responsible for paying any new or additional taxes and duties imposed by the Government.
This is the copy of the press release:
What do you think about the Kia reducing car prices in Pakistan? Let us know in the comments below.
Read more: Hyundai Santa Fe Hybrid Price in Pakistan and Booking Details.
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