Automobile

Kia Picanto latest price in Pakistan with easy installment plan — September 2024

Published by

Staff Reporter

2 years ago

KARACHI: The KIA Picanto, launched five years ago, remains a niche product in Pakistan’s hatchback market. Powered by a 1.0-liter petrol engine, this compact car is available in both manual and automatic variants.

Its sleek design features a tiger-nose grille, multi-focus reflector headlights, and a rear spoiler, while comfortably accommodating five passengers.

The Picanto also boasts a range of convenient features, including a motor-driven power steering wheel, tachometer, MP3 player, and optional media player.

Kia Picanto Latest Price September 2024

Models	Price
KIA Picanto 1.0 MT	Rs3,600,000
KIA Picanto 1.0 AT	Rs3,850,000

In terms of safety, the Picanto is equipped with multiple airbags, keyless entry, and manual AC. However, its fuel average is less impressive compared to competitors in its league.

This, combined with stiff competition from Suzuki cars, which offer more affordability and space, has contributed to the Picanto’s sluggish sales. As a result, Picanto’s niche status in Pakistan’s hatchback market is likely to continue unless the company addresses its limitations and enhances its value proposition.

Kia Picanto Installment Plans

Picanto Installments	Picanto Manual	Picanto Automatic
Price	Rs. 3,600,000	Rs. 3,850,000
Residual Value	—	—
Security Deposit	Rs. 1,080,000	Rs. 1,155,000
Processing Fee	Rs. 3,100	Rs. 3,100
Total Upfront Payment	Rs. 1,083,100	Rs. 1,158,100
Number of Months	60	60
Rent per Month	Rs. 80,771	Rs. 87,888

Despite its appealing features, Picanto’s limited market demand and competition from established players have restricted its growth.

To regain momentum, KIA must focus on improving Picanto’s fuel efficiency and overall value proposition to attract more buyers in Pakistan’s competitive hatchback market.

Staff Reporter