Kia Lucky Motors have altered their automobile prices as the Federal Government has levied Capital Value Tax (CVT) on vehicles. According to the facts, There will be 1 percent Capital Value Tax or CVT applied to automobiles having over 1300cc engine capacity.
Kia Lucky Motors have introduced Capital Value Tax (CVT) to their car rates, which have come into force from 1st July 2022.
Kia Picanto Price in Pakistan
The pricing of Kia Picanto in Pakistan will not experience a change due to the imposition of Capital Value Tax (CVT) as it has only been applied to vehicles with engines above 1300cc. Furthermore, the price of Kia Picanto M/T will remain 2,600,000, while the price of the A/T model would continue at Rs. 2,700,000.
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Kia Stonic Price in Pakistan
The Capital Value Tax (CVT) has been levied on Kia Stonic as it has a 1368cc engine. According to the details, the price of Kia Stonic EX is now Rs. 4,469,250 following imposition of Rs. 44,250 CVT over the old price of Rs. 4,425,000. Similarly, the price of Kia Stonic EX+ is now Rs. 4,772,250 by adding Rs. 47,250 CVT over former price of Rs. 4,725,000.
Kia Sportage Price in Pakistan
The price of Kia Sportage Alpha in Pakistan is now Rs. 5,353,000 an increase of Rs. 53,000 over the old price of Rs. 5,300,000 after application of CVT. Similarly, the price of Kia Sportage FWD is Rs. 5,858,000 following imposition of Rs. 58,000 CVT over former price of Rs. 5,800,000. Meanwhile, the price of Kia Sportage AWD is now Rs. 6,363,000 with increase of Rs. 63,000 due to addition of CVT over old price of Rs. 6,300,000.
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Kia Sorento Price in Pakistan
The price of Kia Sorento 2.4 FWD in Pakistan is currently Rs. 6,904,360 following imposition of Rs. 68,360 CVT over former price of Rs. 6,836,000. Likewise, the price of Kia Sorento 2.4 AWD is now Rs. 7,573,990 by adding Rs. 74,990 CVT above former price of Rs. 7,499,000. Meanwhile, the price of Kia Sorento 3.5L is now Rs. 7,573,990 after adding Rs. 74,990 CVT above former price of Rs. 7,499,000.