Kia car prices have risen, which is a rather surprising growth. The decision was made due to the depreciation of the Pakistani rupee against the US dollar, according to a Kia Lucky Motors announcement. “Also, there has been a huge increase in sea freight on the import of parts, which has resulted in this price increase,” the company stated.
The new prices will go into effect on March 1, 2022. It’s worth noting that this is the second price increase in the last two months.
Prices of New Kia Vehicles
These are the revised Kia car prices, according to the notification.
The new price of the Kia Picanto Manual is Rs. 2,400,000, up from Rs. 2,186,000 previously, implying an Rs. 214,000 increase. Meanwhile, the new price of the Picanto Automatic is Rs. 2,500,000, up from Rs. 2,292,000, representing a Rs. 208,000 increase.
The price of the Kia Sportage Alpha increased by Rs. 236,000, bringing it to Rs. 5,000,000, up from Rs. 4,764,000 previously. Meanwhile, the price of the Sportage FWD has been increased by Rs. 224,000, and it now costs Rs. 5,500,000 instead of Rs. 5,276,000.
Last but not least, the Kia Sportage AWD will not cost Rs. 6,000,000, as the company increased its price by Rs. 212,000 from the previous rate of Rs. 5,788,000.
After an Rs. 400,000 increase, the revised price of the Kia Stonic EX is Rs. 4,150,000. This small crossover’s previous rate was Rs. 3,750,000. The price of the Kia Stonic EX+ has increased by Rs. 475,000, bringing it to Rs. 4,450,000 from Rs.
Despite the fact that the Kia Sorento and Grand Carnival are locally assembled, there are no price changes. The car, on the other hand, is not a good seller for the business. Last month, Kia Lucky Motors even reduced the price of the Sorento to “celebrate the company’s 50,000th sale.” Isn’t it strange?
What do you think on the recent price increase? Share your thoughts in the comment section