Kia Car Prices Increase March 2023

Kia Car Prices Increase March 2023
Kia Lucky Motors, the car assembler, has announced a revision in its ex-factory prices of SUVs and CUVs, including Stonic, Sportage, and Sorento, without providing any specific reason for the increase. The circular, issued by the company, expressed gratitude to the dealers for their support and confirmed that the revised prices would come into effect from April 1, 2023.
Kia Cars New Prices
Following are the new prices of Kia cars:
Kia Picanto
• Kia Picanto M/T, previously priced at Rs. 3,300,000, has now increased by Rs. 50,000, and the new price is Rs. 3,350,000.
• Similarly, the price of Kia Picanto A/T has increased by Rs. 75,000, and the new price is Rs. 3,625,000 while the previous price was Rs. 3,550,000.
Kia Stonic
• Kia Stonic EX has increased by Rs. 150,000, and the new price is Rs. 5,350,000, While the old price was Rs. 5,200,000
• Kia Stonic EX+ now costs Rs. 5,930,000, a price increase of Rs. 200,000 from the previous price of Rs. 5,730,000.
Kia Sportage
• The price of the Kia Sportage FWD has increased by Rs. 150,000, and the new price is Rs. 7,940,000. The old price of the Kia Sportage FWD was Rs.7,790,000.
• The Price of the Kia Sportage AWD has gone up by Rs. 200,000, and the new price is Rs. 8,570,000, While the old price was Rs. 8,370,000.
Kia Sorento
• Kia Sorento 2.4L FWD has increased by Rs. 500,000, and the new price is Rs. 10,040,000. Similarly, Sorento 2.4L AWD now costs Rs. 10,890,000, a price increase of Rs. 500,000.
• Lastly, Sorento 3.5L FWD is now priced at Rs. 10,890,000, a difference of Rs. 500,000 from its previous price of Rs. 10,390,000.
KIA CAR PRICES INCREASED MARCH 2023 EFFECTIVE FROM APRIL 1, 2023 | ||||
Model | Old Price PKR | New Price PKR | Increased Price PKR | Increased % |
3,300,000 | 3,350,000 | 50,000 | 1.52% | |
3,550,000 | 3,625,000 | 75,000 | 2.11% | |
5,200,000 | 5,350,000 | 150,000 | 2.88% | |
5,730,000 | 5,930,000 | 200,000 | 3.49% | |
7,790,000 | 7,940,000 | 150,000 | 1.92% | |
8,370,000 | 8,570,000 | 200,000 | 2.39% | |
9,540,000 | 10,040,000 | 500,000 | 5.24% | |
10,390,000 | 10,890,000 | 500,000 | 4.81% | |
10,390,000 | 10,890,000 | 500,000 | 4.81% |
Terms and Conditions
The company has also mentioned the terms and conditions for the new prices. Orders with full payment credited in LMC's bank account as of March 31, 2023, will be delivered at existing prices. Moreover, all orders will be accepted on full payment only, and the ex-factory prices are excluded from freight and insurance charges. Furthermore, any new duties and taxes by the government will be applicable at the time of delivery.
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