- KIA offers an interest-free installment plan for its cars.
- Buyers must sign an official contract for this installment plan.
- Customers are required to submit 18 post-dated checks covering the outstanding balance.
Lucky Motor Corporation Limited (KIA) has unveiled a compelling installment plan for its cars, offering customers a convenient and interest-free payment option, as detailed in the company’s recent statement.
To take advantage of this offer, customers are required to submit 18 post-dated checks covering the outstanding balance, following a 30% initial down payment. The company highlights the ease and transparency of the payment process associated with this installment plan.
The provided information includes the ex-factory price, a down payment equivalent to 30% of the ex-factory cost, along with estimated expenses for WHT filer, registration, insurance, and tracker.
| 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 |
To take advantage of this offer, customers are required to submit 18 post-dated checks covering the outstanding balance, following a 30% initial down payment. The company highlights the ease and transparency of the payment process associated with this installment plan.
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