Lucky Motor Corporation (LMC) has officially ended its limited-time price reduction offer for the KIA Sportage. Back in March 2024, the company introduced a significant price cut of up to Rs 300,000 across all Sportage variants. However, this offer has now concluded, and the updated pricing will be in effect.
In a recent statement, LMC expressed gratitude for the positive response to its Equal Monthly Installment (EMI) offer launched in July 2024.
The company has announced that the KIA Sportage will now only be available for cash purchases, with the revised prices taking effect from January 1, 2025.
Revised KIA Sportage Prices
All KIA Sportage variants have undergone a price increase of Rs 250,000. Below are the updated rates:
Sportage Alpha: Rs 7,550,000 (previously Rs 7,300,000)
Sportage FWD: Rs 7,990,000 (previously Rs 7,740,000)
Sportage AWD: Rs 8,720,000 (previously Rs 8,470,000)
Sportage Black Edition: Rs 9,250,000 (previously Rs 9,000,000)
Terms and Conditions
LMC has specified the following terms:
Orders fully paid by December 31, 2024, will be processed at the previous ex-factory rates.
Orders placed on or after January 1, 2025, will follow the new pricing structure.
Ex-factory prices exclude freight and insurance charges.
Customers will be responsible for any new or additional duties or taxes imposed by the government at the time of delivery.
KIA Sportage’s Market Position
Since its debut, the KIA Sportage has remained LMC’s top-selling vehicle, redefining standards in Pakistan’s crossover SUV segment. With its cutting-edge features and design, it continues to be a preferred choice for buyers.
While there were high expectations for the unveiling of the next-generation KIA Sportage at PAPS 2024, recent updates reveal that its launch has been postponed to 2025.
For now, prospective buyers will need to account for the revised pricing as part of LMC’s updated sales strategy.