Kia Lucky Motors Increases Car Prices W.E.F. 19th July
Kia Lucky Motors has announced a hike on its lineup with a price elevation up to 1.1 Million! The automaker’s official notification states, ‘’Unfortunately, due to continuous devaluation of PKR to USD, we are compelled to increase the prices of Kia products effective July 19, 2022.”
In addition to the price hike, booking of some variants has been opened.
Moreover, the newly enacted Capital Value Tax (CVT) is also included in the revised prices. It is imperative to mention that Pakistan Rupee has fallen to an all-time record low of Rs. 221.65 against the US Dollar at the closing of the interbank market on 19 July 2022.
Here is the revised list of all the cars in the Kia Lineup:
The increased prices of this compact hatchback are listed below:
The new price of the Kia Picanto Manual is Rs. 3,100,000. Previously it used to cost Rs. 2,600,000 i.e. it observed a price hike of Rs. 500,000.
Whereas, Kia Picanto Automatic’s updated price is Rs. 3,200,000 as compared to the previous price of Rs. 2,700,000. Meaning it saw a price elevation of Rs. 500,000.
The updated price for this trending crossover SUV is listed below:
The revised price of the Kia Sportage Alpha is Rs. 6,250,000. Its old price was Rs. 5,300,000 i.e. it saw a price hike of Rs. 897,000!
The price of the second variant, Kia Sportage Front Wheel Drive (FWD) has been amplified by Rs. 892,000. Its new price is Rs. 6,750,000 whereas previously it used to cost Rs. 5,858,000.
Lastly, the new and increased price of Kia Sportage All Wheel Drive (AWD) is Rs. 7,250,000 after a price jump of Rs. 887,000. Its previous price was Rs. 6,363,000.
The increased prices by Kia Lucky Motors for Kia Stonic are listed below:
Kia Stonic EX's new price is Rs. 4,545,000 as compared to its old price of Rs. 4,469,000, meaning it saw a price elevation of Rs. 76,000.
Kia Stonic EX observed a price hike of Rs. 76,000. Thus, its new price is Rs. 4,848,000 as compared to the old rate of Rs. 4,727,000.
The revised prices of the three variants of Kia Sorento are stated below:
Kia Sorento 2.4 FWD observed a price hike of Rs. 895,000. Thus, its new price is Rs. 7,800,000 whereas it previously used to cost Rs. 6,904,360.
Kia Sorento 2.4 AWD's new price is Rs. 8,500,000 as compared to the old rate of Rs. 7,573,990 i.e. it saw a price amplification of Rs. 926,000.
Last but not the least, Sorento 3.5 FWD saw a price jump of Rs. 926,000. Now its new price is Rs. 8,500,000 as compared to the old price of Rs. 7,573,990.
Kia Grand Carnival
Grand Carnival is the most expensive car in the Kia Lineup in Pakistan and its new price is listed below:
The price of Carnival GLS PP has skyrocketed to Rs. 12,599,000 from Rs. 11,499,000, meaning it observed a price hike of Rs. 1,100,000! This is the biggest price elevation any car saw and this revision has left everyone astounded.