As expected, Kia Lucky Motors has increased prices of some of its cars in Pakistan as the Pakistani Rupee (PKR) has depreciated to an all-time low of Rs. 307 against the US Dollar (USD).
The automotive continues to struggle due to the country’s current economic situation as automakers are highly dependent on imports. Furthermore, the price of vehicles have massively increase, which has affected sales as well.
Kia Pakistan is the first automaker to increase car prices amid the recent depreciation of the Pakistani Rupee (PKR) against the US Dollar (USD), which means that others might follow and we can expect a wave of price revisions from these companies.
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 | 3,825,000 | 3,950,000 | 125,000 |
| Kia Stonic EX+ | 6,050,000 | 6,280,000 | 230,000 |
| Kia Sportage AWD | 8,820,000 | 8,920,000 | 100,000 |
| Kia Sportage Black | 9,300,000 | 9,650,000 | 350,000 |
Terms and Conditions
As per the company’s terms and conditions:
- All orders booked on old prices till September 5, 2023, and are good to go with full payment credited to LMC’s account as of September 11 will be delivered at the previous ex-factory price with no change.
- All orders booked from September 6 and onwards will be delivered at the new ex-factory price.
- All booking will be accepted with full payment only, except Sportage Black Edition.
- The customer is responsible for paying any new or additional taxes and duties imposed by the Government.
Read more: MG Offers Massive Discount on HS Essence.
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Pakistan and Pakistanis are in economic tatters since April 2022 every new day bring more desperation / frustration for everyone, who can buy in this economic meltdown these kind of vehicles when almost impossible to meet both ends needs.Allah bless with his ultimate mercy on us being poor Pakistanis live in unbearable conditions.