KIA Announces 18 Months Interest-Free Plan for Sportage in Pakistan – Startup Pakistan

KIA Motors Pakistan has introduced an exciting 18-month interest-free installment plan for its popular Sportage model, aiming to increase its market presence and attract more customers. The new scheme offers buyers the option to purchase any of the four Sportage variants with no interest on monthly payments, making it easier for consumers to own one of KIA’s best-selling SUVs.

The announcement, made through KIA’s official website, highlights that the interest-free installment plan is available for a limited time and covers all four variants of the Sportage: Alpha, FWD, AWD, and Limited Edition.

Cash Prices for KIA Sportage

For customers looking to purchase the Sportage outright, the ex-factory cash prices are as follows:

• Sportage Alpha: Rs7,300,000
• Sportage FWD: Rs7,740,000
• Sportage AWD: Rs8,470,000
• Sportage Limited Edition: Rs9,000,000

Prices Under Interest-Free Installment Plan

Under the installment plan, prices slightly increase compared to the cash purchase, with the following breakdown:

• Sportage Alpha: Rs7,550,000
• Sportage FWD: Rs7,990,000
• Sportage AWD: Rs8,720,000
• Sportage Limited Edition: Rs9,250,000

Payment Structure

Buyers need to make a 50% down payment at the time of purchase, followed by 18 equal monthly installments to pay off the remaining amount. Here are the details for each variant:

• Sportage Alpha: Down payment of Rs3,775,000, with monthly installments of Rs209,272.
• Sportage FWD: Down payment of Rs3,995,000, with monthly installments of Rs221,944.
• Sportage AWD: Down payment of Rs4,360,000, with monthly installments of Rs242,222.
• Sportage Limited Edition: Down payment of Rs4,625,000, with monthly installments of Rs256,944.

This offer provides a flexible payment solution for customers seeking to own a KIA Sportage without the burden of traditional interest rates, making it an attractive option in the competitive SUV market.

With this new plan, KIA hopes to drive higher sales and expand its customer base in Pakistan. However, potential buyers are advised to act quickly, as the offer is available for a limited time only.