Just a couple of days ago, KIA had hiked the prices of all its cars due to the increase in the Sales Tax rate from 17% to 18%, and today, it announced new hiked prices of KIA Sportage.
KIA has not cited any reason for this price hike. The company has stated that it has limited stock of these Sportage variants and customers will have to pay full payment for advanced booking!
KIA Sportage New Prices
Sportage Alpha was priced at Rs. 6,556,000 a couple of days ago, but now it costs Rs. 6,650,000.
The price of Sportage FWD was raised to Rs. 7,111,000, but now it costs Rs. 7,350,000.
Similarly, the price of Sportage AWD was increased to Rs. 7,716,000, but today, it has been further raised to Rs. 7,900,000.
Terms & Conditions
All customer orders which are good to go (GTG) as of 28th February 2023 (with full payment credited in LMC’s bank account as of 28th February 2023) will be delivered at the current ex-factory price.
- All new customer orders booked in LMC’s system effective 24th February 2023, will be delivered at revised ex-factory price.
- 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 borne by the customer.
- Price Lock will be applicable on all new bookings effective 24th February 2023 _subject to stock availability)
- Price Lock offer is for limited time period and LMC reserves the right to reverse the Price Lock anytime as it deems fit.
What are your views on this shocking price hike? Share with us in the comment section below!
