Purchasing a new vehicle is a significant financial commitment, but Kia Motors Pakistan has introduced innovative financing solutions to make car ownership more accessible. One of the standout offerings is the Interest-Free Installment Plan for the Kia Sportage, designed to ease the financial burden on customers while allowing them to own a premium SUV.
What Is the Kia Sportage Interest-Free Installment Plan?
Kia Pakistan’s Interest-Free Installment Plan allows customers to purchase the Kia Sportage without the added cost of interest, making it an attractive option for many. The plan is structured as follows:
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Down Payment: 50% of the vehicle’s price
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Installment Duration: 18 months
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Interest Rate: 0% (Shariah-compliant)
This plan applies to all four variants of the Kia Sportage:
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Sportage Alpha
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Sportage Front-Wheel Drive (FWD)
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Sportage All-Wheel Drive (AWD)
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Sportage Limited Edition
Breakdown of Payment Terms
Here are the details for each variant under the installment plan:
Variant | Ex-Factory Price (EMI) | Down Payment (50%) | Monthly Installment (18 months) |
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Sportage Alpha | PKR 7,550,000 | PKR 3,775,000 | PKR 209,722 |
Sportage FWD | PKR 7,990,000 | PKR 3,995,000 | PKR 221,944 |
Sportage AWD | PKR 8,720,000 | PKR 4,360,000 | PKR 242,222 |
Sportage Limited Edition | PKR 9,250,000 | PKR 4,625,000 | PKR 256,944 |
Note: Prices are approximate and may vary based on dealership and location.
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Key Benefits of the Interest-Free Plan
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Zero Interest: Enjoy the benefit of interest-free payments, reducing the overall cost of the vehicle.
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Flexible Payments: Spread the cost over 18 months, making it easier to manage your finances.
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Premium Features: Own a high-quality SUV with advanced features without the financial strain.
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Shariah-Compliant: The plan adheres to Islamic financing principles, ensuring ethical transactions.
How to Avail the Offer
To take advantage of this limited-time offer:
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Visit a Kia Dealership: Locate your nearest Kia dealership to inquire about the plan and available stock.
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Provide Necessary Documents: Be prepared with identification, proof of income, and other required documents.
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Make the Down Payment: Pay 50% of the vehicle’s price upfront.
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Sign the Agreement: Complete the necessary paperwork to formalize the installment plan.
Final Thoughts
Kia Pakistan’s Interest-Free Installment Plan offers a unique opportunity for customers to own a Kia Sportage without the added burden of interest payments. With flexible terms and a commitment to ethical financing, Kia continues to innovate in making car ownership more accessible.