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KIA Car Prices Increase February 2023
24 Feb 2023 
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KIA Car Prices Increase February 2023
Only a few days ago, KIA increased the prices of all its cars following an increase in the Sales Tax rate from 17% to 18%. However, today the company announced yet another price hike for the KIA Sportage model.
KIA has not provided any explanation for this latest increase. The company has disclosed that it has a restricted supply of these Sportage versions and that customers who want to make an advance booking will have to pay the full amount upfront.
KIA Sportage New Prices
• A few days ago, the KIA Sportage Alpha was available for purchase at a price of Rs. 6,556,000, but now its cost has risen to Rs. 6,650,000.
• In the case of the KIA Sportage FWD, its price was elevated from Rs. 7,111,000 to Rs. 7,350,000.
• Similarly, the price of the KIA Sportage AWD model had been increased to Rs. 7,716,000, but today it has been further raised to Rs. 7,900,000.
Terms & Conditions
• Any orders from customers that have been approved and have their full payment credited to LMC's bank account by 28th February 2023 will be delivered at the current ex-factory price. On the other hand, all new customer orders placed in LMC's system from 24th February 2023 onwards will be delivered at the revised ex-factory price. It's important to note that ex-factory prices do not include freight and insurance charges.
• In case the government imposes any new or additional duties and taxes that are applicable at the time of delivery, customers will bear the costs. For new bookings made from 24th February 2023 onwards, the Price Lock offer will be applicable, subject to stock availability. However, LMC reserves the right to reverse the Price Lock offer at anytime as it sees fit. This offer is only valid for a limited time period.
• We would like to hear your thoughts on this sudden price hike. Please share your views in the comments section below!
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