Kia Motors massively increased ‘stonic’ prices

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By Sana Kahn

Lahore (Pakistan News) Kia Motors, a renowned car manufacturer, has ended its April discount offer and raised the price of its car by Rs 733,000.

In April, the price of the Kia Stonic was reduced by Rs 1,513,000, bringing the cost down to Rs 4,767,000 from the previous Rs 6,280,000. This significant reduction led to a surge in bookings from customers.

However, the company has now ended this offer and increased the car’s price to Rs 5,500,000.

Lucky Motors reported that the five-year celebration limited-time offer on the Stonic EX+ received an overwhelming response. The high demand has led the company to temporarily suspend bookings due to stock issues.

The company has reopened bookings for December and onwards, accepting partial payments of Rs 2,500,000.

Orders booked for delivery in December and January 2025 will have a price lock, subject to any depreciation in the rupee against the dollar (at today’s current spot rate of 2%) or any increases in duties, taxes, and levies imposed in the federal and provincial budgets of 2025. These costs will be borne by the buyer prior to the vehicle’s delivery.

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