Kia Car Prices Increased up to Rs. 400,000

Kia Lucky Motors has announce another hike in Kia car prices as the company announced new ex-factory prices of all of its cars today. According to a notification, the new prices will be applicable from 5th July, 2023. The notification doesn’t mention any reason of this fresh jump in the rates. As per the company, Capital Value Tax (CVT) is included in these ex-factory prices.

New Kia Car Prices 

Here are the new prices for all of Kia models:

Picanto New Prices

•   The price of Picanto MT stayed at Rs. 3,350,000 as company has not announced its new price.
• KIA Picanto AT used to cost Rs. 3,625,000 but after a jump of Rs. 200, 000 it now costs Rs. 3,825,000.

Stonic New Price 

• Kia Stonic EX will continue to cost Rs. 5,350,000 as its price has not been revised.
• Whereas, Kia Stonic EX+ has a new price of Rs. 6,050,000  as compared to the old price of Rs. 5,930,000. The company jacked its price by Rs. 120,000.

Revised Price of Sportage 

• Sportage Alpha was priced at Rs.7,050,000 but after seeing an increase of Rs. 250,000 now it costs Rs. 7,300,000.
• The price of Sportage FWD was raised by Rs. 250,000 and now it costs Rs. 8,190,000 compared to old rate of Rs.7,940,000.
• Similarly, the price of Sportage AWD was increased to Rs. 8,570,000, but today, it has been further raised to Rs. 8,820,000 after observing a jump of Rs. 250,000.
• The new addition, Sportage Black Edition used to cost Rs. 9,050,000 and after an increase of Rs. 250,000 , the variant’s new price is Rs. 9,300,000.

Sorento Updated Price

•  Sorento 2.4L FWD used to cost Rs. 10,400,000 but now it costs Rs. 10,800,000 as its price is increased by Rs. 400,000.
• Similarly, Sorento 2.4L AWD had a price of Rs.11,300,000. Now it costs Rs. 11,700,000. This is a difference of a same Rs. 400,000.
• Lastly, Sorento 3.5L FWD is now priced at Rs. 11,390,000 instead of Rs. 11,790,000 like Sorento 2.4L AWD. It also seen a jump of Rs. 400,000.

Revised Price of KIA Carnival

• The price of KIA Grand Carnival Executive remains same at Rs. 16,750,000.

Booking Status

All cars of Kia are open on Full payment with price lock. Only Carnival Executive is available on partial payment.

Terms and Conditions

• All orders (excluding Sorento and Carnival) booked in June or previous months with full payments credited as of July 5, 2023 will be delivered at existing ex-factory price.
• All orders booked till July 3, 2023 will be delivered at revised prices.
• Ex-factory prices are exclusive of freight and insurance charges.
• New/additional duties and taxes, if any, imposed by the government and applicable at the time of delivery will be paid by the customer.
• Price lock will be applicable on all bookings on revised prices (subject to stock availability).
• Price lock offer is for limited time and LMC reserves the right to reserve the price lock anytime it wants.