23/09/2024
KIA Motors Pakistan has launched an attractive 18-month interest-free installment plan for its popular Sportage SUV, designed to boost its market share and draw in more customers. This limited-time offer allows buyers to select from any of the four Sportage variants, with the advantage of zero interest on monthly payments, making it more accessible for consumers to own one of KIA’s top-selling vehicles.
According to the announcement on KIA’s official website, the interest-free installment plan covers all Sportage variants, including the Alpha, FWD, AWD, and Limited Edition models.
KIA Sportage Cash Prices:
Sportage Alpha: Rs7,300,000
Sportage FWD: Rs7,740,000
Sportage AWD: Rs8,470,000
Sportage Limited Edition: Rs9,000,000
Prices Under the Interest-Free Installment Plan:
While opting for the installment plan, the prices slightly increase compared to the cash purchase:
Sportage Alpha: Rs7,550,000
Sportage FWD: Rs7,990,000
Sportage AWD: Rs8,720,000
Sportage Limited Edition: Rs9,250,000
Payment Structure:
Buyers must pay 50% of the vehicle's price upfront as a down payment, followed by 18 equal monthly installments to clear the remaining amount.
Here’s the breakdown 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 interest-free installment plan makes owning a KIA Sportage more manageable and appealing to customers looking for a flexible financing option.