“All good things come to an end.”
This stands true for the Pakistan automobile industry as well. KIA Lucky Motors Pakistan, now known as Lucky Motor Corporation, finds itself in the spotlight yet again with another intriguing news. With the discontinuation of the “Celebratory limited time offer” in lieu of its 5-year anniversary announced, Kia Stonic EX+ price in Pakistan has been increased by 15.4%.
Keep on reading for more details on the price increase!
Why Has The Price Increased?
In April 2024, Kia announced a generous limited time offer where it reduced the price of Kia Stonic EX+ by Rs.1.5 million, an enormous 24.1% decrease. However, the bookings were put on halt only a few days after the offer due to the “overwhelming response” the company received. The suspended bookings were to continue till September 2024.
Read more on: KIA’s Big Surprise: Stonic Price Slashed by 15 Lacs!
Yet in a recent turn of events, Kia has re-opened the bookings for Kia Stonic, effective from July 1st, 2024. After gaining “clarity on the stock situation”, as the company claimed, Kia Stonic is available for bookings again, all set to be delivered from December 2024 onwards.
Kia Stonic: Old Price vs. New Price
To gain a clearer insight into the picture, here is a price comparison table for you:
| Model | Previous Ex-Factory Price (Rs.) | Limited Time Offer Ex-Factory Price (Rs.) | Revised Ex-Factory Price (Rs.) |
| Kia Stonic EX+ | 6,280,000 | 4,767,000 | 5,500,000 |
| Price Difference | -1,513,000 | +780,000 |
Kia Stonic Price in Pakistan
Hence after the recent price increase, the current Kia Stonic price in Pakistan is Rs.5.5 million.
If you are a fan of SUVs, you can easily buy Kia cars at OLX Pakistan.
Final Takeaway
To wrap up, while Lucky Motor Corporation gained “clarity on the stock situation”, the customers awaited the next big news. The price increase in Kia Stonic EX+ by the company was expected after the end of the April celebratory offer. However, the catch is that the new price is still less than the previous ex-factory price.
What do you think of the recent price increase? Are you willing to buy a Kia Stonic?
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