Overview
Pakistan car prices can only be stable in one condition which is economic stability. But unfortunately, the economic situation is out of the hands of the incumbent government. Due to the recent devaluation of the rupee value against the dollar Kia car prices jump in massive amounts.
Besides, the ongoing low sale scale of all car manufacturers and the recent increase in dollar strength forced them to make prices as per the cost of production. It’s been a year that car makers suffered in loss. And no progress has been found in the sales graph. Automotive stability is possible with good economic affairs and the most important thing is dollar stability.
New Kia Car Prices
The below-mentioned models of Kia’s saw a jump in prices. New prices of the models will be in action from 6 September 2023.
- Kia Sportage AWD saw a jump of Rs. 100,000 in its old price of Rs. 8,820,000 and now its cost reached Rs. 8,920,000.
- Kia Sportage Black Edition saw a massive price hike of Rs. 350,000 and now the new price for customers is Rs. 9,650,000. Meanwhile, a few days ago the vehicle was sold at Rs. 9,300,000.
- Kia’s most affordable small car Picanto AT got a new price of Rs. 3,950,000 compared to the old price Rs. 3,825,000. The increase of Rs.125,000.
- The last one is Kia Stonic EX+ price increased by Rs. 230,000. After the jump in old price Rs. 6,050,000 now it’s cost Rs. 6,280,000.
Conclusion
Car companies and customers of cars both are in trouble. The car manufacturer announced different price lock offer, finance offer, insurance, and other benefits to boost car sale. The recent unexpected Kia cars prices jump is shocking for buyers thinking to book the model. Meanwhile, car buyers facing trouble due to the unstable car prices. Car prices are record high in Pakistan. The jump in car prices harms the sale volume but they have no other option to meet the cost of manufacturing.
