Lucky Motor Corporation (LMC) has officially ended its limited-time price reduction offer for the KIA Sportage. Earlier in March 2024, the company had announced a significant price drop of up to Rs 300,000 on all KIA Sportage variants. However, the offer has now concluded, and revised prices have been introduced.
In a recent notification, LMC expressed gratitude for the enthusiastic response to its Equal Monthly Installment (EMI) offer launched in July 2024. The company stated that the KIA Sportage will now only be available for cash customers, with the new prices taking effect from January 1, 2025.
Revised KIA Sportage Prices
The prices of all KIA Sportage variants have been increased by Rs 250,000. Below are the updated rates:
Sportage Alpha: New price – Rs 7,550,000 (previously Rs 7,300,000).
Sportage FWD: New price – Rs 7,990,000 (previously Rs 7,740,000).
Sportage AWD: New price – Rs 8,720,000 (previously Rs 8,470,000).
Sportage Black Edition: New price – Rs 9,250,000 (previously Rs 9,000,000).
Terms and Conditions
As per the company’s guidelines:
Orders booked with full payment by December 31, 2024 will be delivered at the previous ex-factory rates.
All new orders placed starting January 1, 2025 will be charged at the revised prices.
Ex-factory prices do not include freight and insurance charges.
Any new or additional duties and taxes imposed by the government at the time of delivery will be paid by the customers.
KIA Sportage’s Market Success
Since its launch, the KIA Sportage has remained LMC’s top-performing vehicle and has set benchmarks in the local crossover SUV segment. Known as a trendsetter in Pakistan’s automotive market, the Sportage continues to attract buyers with its features and design.
While there were expectations for the next-generation KIA Sportage to be showcased at PAPS 2024, recent updates suggest the launch has been postponed to 2025.
For now, buyers looking to purchase a KIA Sportage will have to adhere to the updated pricing, as LMC moves forward with its new sales strategy.