In a groundbreaking move, Lucky Motor Corporation Limited (KIA) has unveiled a game-changing installment plan for their wide range of vehicles, aimed at making car ownership more accessible and hassle-free. This innovative offer introduces an interest-free payment scheme, setting a new standard in the automotive industry.
Seamless and Straightforward Payment Structure
KIA's new installment plan is designed to simplify the car buying process, giving customers greater flexibility and peace of mind. The plan is characterized by its seamless and straightforward payment structure, making it easier than ever to get behind the wheel of your dream KIA vehicle.
How It Works
To take advantage of this fantastic offer, customers need to make a 30% advance down payment on their chosen
KIA vehicle. Afterward, they are required to submit 18 post-dated cheques for the remaining amount, which will be processed as monthly installments over the specified period.
Let's break down the costs for a few popular KIA models:
Vehicle Model |
Ex-Factory Price (PKR) |
Down Payment (PKR) |
Registration (Approx PKR) |
Insurance + Tracker (Approx PKR) |
Total Out-of-Pocket Upfront (Approx PKR) |
Per Month Installment on 18 EMI (PKR) |
SORENTO 2.4L FWD |
9,199,000 |
2,759,000 |
552,660 |
250,000 |
3,829,123 |
357,739 |
SORENTO 2.4L AWD |
9,449,000 |
2,834,700 |
567,660 |
270,000 |
3,945,743 |
367,461 |
SORENTO 3.5L FWD |
9,699,000 |
2,909,700 |
971,100 |
500,000 |
4,660,803 |
377,183 |
Please note that customers are required to pay all taxes upfront, and additional costs for insurance, tracker, registration, and freight are also to be settled in advance, as per the company's policy. Individuals or companies opting for this installment plan will sign an official contract with KIA, ensuring transparency and clarity.
The Benefits of KIA's Interest-Free Installment Plan
* Affordability: KIA's installment plan reduces the financial burden of owning a car by allowing you to make manageable monthly payments.
* Interest-Free: Say goodbye to the interest payments that typically accompany traditional car loans, as KIA's offer is entirely interest-free.
* Flexibility: With 18 monthly installments, this plan offers a flexible and convenient way to drive home a brand-new KIA.
* Transparency: KIA prioritizes transparency, ensuring you understand all the costs involved before making your purchase.
* Range of Options: KIA offers a diverse range of vehicle models to choose from, catering to different preferences and needs.
A New Era in Car Ownership
KIA's interest-free installment plan marks a new era in car ownership, setting the bar high for the automotive industry. With a focus on making quality vehicles more accessible, KIA is not only changing the way we drive but also the way we buy cars. Take the opportunity to experience the joy of owning a KIA without the financial stress. Embrace this exciting offer and drive your dreams today!