Kia Lucky Motors has recently announced a major price revision across its lineup in Pakistan, leaving many potential car buyers surprised. Some variants have seen a price hike of up to Rs. 700,000, making it one of the most significant adjustments in recent months.
What’s Changed?
The price changes impact both compact cars and SUVs, especially hybrid variants. Here’s a summary of the key changes:
Picanto AT
- Old Price: PKR 3,850,000
- New Price: PKR 3,940,000
- Increase: Rs. 90,000
- The price hike affects bookings made on or after May 1, 2025.
Sportage HEV (Hybrid)
- Price Increase: Approx. Rs. 960,000
- The updated price now crosses PKR 11.9 million.
- Hybrid buyers will feel the pinch due to increased duties and taxes.
Sorento HEV
- Price Increase: Between Rs. 900,000 to Rs. 1,400,000
- A significant hike that puts it into a more premium bracket.
Why the Sudden Price Hike?
Several factors have contributed to this drastic change:
- Government Budget 2025–26: New tax structures including increased GST and green levies.
- Import Duties: Higher duties on hybrid and CBU (Completely Built-Up) vehicles.
- Currency Fluctuations: The depreciating Pakistani Rupee against the Dollar has affected import costs.
- Production Costs: Global inflation and logistics challenges continue to impact car prices.
What Should Buyers Do?
- If you’re considering a hybrid SUV, expect higher upfront costs.
- If you’ve booked a Picanto AT before May 1, you may still benefit from the older price.
Summary Table
| Model | Old Price (PKR) | New Price (PKR) | Difference |
|---|---|---|---|
| Picanto AT | 3,850,000 | 3,940,000 | +90,000 |
| Sportage HEV | ~11,000,000 | ~11,960,000 | +960,000 |
| Sorento HEV | ~10,520,000 | ~11,920,000 | +1,400,000 |
Final Thoughts
This price hike reflects the ongoing economic and policy challenges in Pakistan’s auto industry. While some buyers may still find value in Kia’s offerings, especially in the petrol SUV segment, hybrid car seekers will now have to re-evaluate their budgets.
Thinking of buying soon? It may be wise to act before another round of price changes rolls out.