Kia Lucky Motors recently made a significant announcement regarding the prices of its cars, resulting in a surge in the overall cost of owning a Kia vehicle. Effective from July 5th, 2023, the company has disclosed the revised ex-factory prices through a notification. However, the specific reasons behind this sudden escalation have not been revealed. It is important for customers to stay informed about the latest updates regarding the surge in Kia car prices, which can reach up to Rs. 400,000.
New Prices of Kia Cars
In light of the recent price changes, let’s take a closer look at the updated prices of various Kia models:
Kia Picanto New Prices
- The price of the Picanto MT model remains unchanged at Rs. 3,350,000.
- However, the Kia Picanto AT has experienced a price hike of Rs. 200,000, now standing at Rs. 3,825,000.
Kia Stonic New Prices
- The Kia Stonic EX model maintains its price at Rs. 5,350,000.
- On the other hand, the Kia Stonic EX+ has seen an increase of Rs. 120,000, resulting in a new price of Rs. 6,050,000.
Kia Sportage New Prices
- The Sportage Alpha, previously priced at Rs. 7,050,000, has undergone a price increment of Rs. 250,000, reaching Rs. 7,300,000.
- The Sportage FWD has experienced a price hike of Rs. 250,000, now costing Rs. 8,190,000 compared to its previous rate of Rs. 7,940,000.
- Similarly, the Sportage AWD has also seen a jump of Rs. 250,000, with the new price being Rs. 8,820,000 instead of Rs. 8,570,000.
- The recently introduced Sportage Black Edition has witnessed a price surge of Rs. 250,000, now priced at Rs. 9,300,000.
Kia Sorento New Prices
- The Sorento 2.4L FWD has undergone a substantial increase of Rs. 400,000, with the revised price now standing at Rs. 10,800,000 from Rs. 10,400,000.
- Similarly, the Sorento 2.4L AWD has experienced the same price hike, now costing Rs. 11,700,000 compared to its earlier price of Rs. 11,300,000.
- Lastly, the Sorento 3.5L FWD has also been affected by a Rs. 400,000 increase, with the new price being Rs. 11,390,000 instead of Rs. 11,790,000.
KIA Carnival New Prices
Among the Kia models, the price of the KIA Grand Carnival Executive remains unchanged at Rs. 16,750,000.
| Model | Variant | Previous Price | New Price | Increase |
|---|---|---|---|---|
| Kia Picanto | MT | Rs. 3,350,000 | Rs. 3,350,000 | No change |
| Kia Picanto | AT | Rs. 3,625,000 | Rs. 3,825,000 | Rs. 200,000 |
| Kia Stonic | EX | Rs. 5,350,000 | Rs. 5,350,000 | No change |
| Kia Stonic | EX+ | Rs. 5,930,000 | Rs. 6,050,000 | Rs. 120,000 |
| Kia Sportage | Alpha | Rs. 7,050,000 | Rs. 7,300,000 | Rs. 250,000 |
| Kia Sportage | FWD | Rs. 7,940,000 | Rs. 8,190,000 | Rs. 250,000 |
| Kia Sportage | AWD | Rs. 8,570,000 | Rs. 8,820,000 | Rs. 250,000 |
| Kia Sportage Black Edition | – | Rs. 9,050,000 | Rs. 9,300,000 | Rs. 250,000 |
| Kia Sorento | 2.4L FWD | Rs. 10,400,000 | Rs. 10,800,000 | Rs. 400,000 |
| Kia Sorento | 2.4L AWD | Rs. 11,300,000 | Rs. 11,700,000 | Rs. 400,000 |
| Kia Sorento | 3.5L FWD | Rs. 11,790,000 | Rs. 11,390,000 | Rs. 400,000 |
| Kia KIA Carnival | Executive | Rs. 16,750,000 | Rs. 16,750,000 | No change |
Booking Status and Terms
To provide clarity regarding the booking process and associated terms, please take note of the following information:
- All Kia car models are open for full payment with price lock, except for the Carnival Executive, which is available for partial payment.
- Orders booked in June or earlier with full payments credited by July 5th, 2023, will be delivered at the existing ex-factory price.
- Orders booked until July 3rd, 2023, will be delivered at the revised prices.
- Ex-factory prices exclude freight and insurancecharges.
- Additional duties and taxes imposed by the government at the time of delivery will be borne by the customer.
- The price lock offer is subject to stock availability and may be discontinued by LMC at any time.
