Kia Pakistan Announces EMI Plan for Sorento HEV
Kia Lucky Motor Corporation (LMC) has introduced a new 18-month installment plan for the Kia Sorento HEV, targeting buyers looking for Shariah-compliant financing options.
This move comes as the automotive industry shifts toward internal financing schemes to maintain sales momentum in the premium SUV segment.
The plan specifically highlights the 1.6L Hybrid FWD variant, which has gained traction in the local market for its claimed 1150+ KM fuel range.
Financial Breakdown of the Plan
According to the latest details from the manufacturer, the financing structure for the 1.6L Hybrid FWD variant is as follows:
| Detail | Figures (PKR) |
| Ex-Factory Price | 15,299,000 |
| Down Payment (approx. 50%) | 7,649,500 |
| Monthly Installment | 452,750 |
| Tenure | 18 Months |
Key Vehicle Specifications
The Sorento HEV remains a significant player in the D-SUV category, competing directly with the Hyundai Santa Fe. Key technical highlights include:
- Powertrain: 1.6L Turbocharged Hybrid engine producing a combined 238 HP and 367 Nm of torque.
- Efficiency: Advertised range of 1150+ KM on a full tank, optimized for long-distance travel.
- Configuration: 7-seater layout with a focus on “first-class” interior luxury and safety tech.
Industry Context
This offer is part of a broader “war of offers” currently seen among local assemblers. By offering internal Shariah-compliant plans, Kia aims to bypass the high interest rates associated with traditional bank financing, making the high-end hybrid more accessible to corporate and high-income individual buyers.
However, buyers are advised to visit authorized Kia dealerships for more details.
Stay tuned to PakWheels Blog for more updates on the Pakistani auto industry.
