Buying new vs used cars

[s28]

I've always tended to buy 3 year old used cars myself. Can never understand why people would buy a new car and take that depreciation hit

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[USHK]

Buying new car makes more sense given the incentive and flexible financing plan at zero interest. If you have cash, then you get 5-7k discounts on cash depending on the model. Plus the warranty on the new car whereas for the certified car cannot be guaranteed for reliability depends on whether previous owner abused the car or not. Also, the rental car fetch great bargain due to fast depreciating value but we all know how the rental car tends to be driven.

With the used car, it is not worth the hassle. If no cash, then financing plan is not flexible either. With warranty, you get maximum 6 months to 2 years minimum and even then, there is no guaranteed for that.

 

[shaz619]

I wouldn't buy a brand brand new car because you're basically a test driver for future owners. I like my cars used and ones which have a bit of experience at least because they will perform better [MENTION=136193]Adil_94[/MENTION] [MENTION=47617]Red Devil[/MENTION]

 

[Mamoon]

It might make sense according to colorful graphs and accounting principles, but the satisfaction of owning a brand new car is great and cannot be quantified.

You feel confident about the condition of the car and know that it is unlikely to give you any problems in the first few years. After all, it is unused.

I will stick to buying a new car even if I can get a better used car for the same price. I am personally totally against the idea of buying used cars, phones, laptops etc., but it is a personal preference.

A lot of people do the opposite and that is their call.

 

[R3verse Swing]

I prefer leasing my car, and then at the end of the term lease another (latest model). (Not PcP).

 

[Madplayer]

It might make sense according to colorful graphs and accounting principles, but the satisfaction of owning a brand new car is great and cannot be quantified.

You feel confident about the condition of the car and know that it is unlikely to give you any problems in the first few years. After all, it is unused.

I will stick to buying a new car even if I can get a better used car for the same price. I am personally totally against the idea of buying used cars, phones, laptops etc., but it is a personal preference.

A lot of people do the opposite and that is their call.

Came here to write exactly the same thing.

There are certain things which cannot be explained using colorful charts and graphs.

 

[Mamoon]

Came here to write exactly the same thing.

There are certain things which cannot be explained using colorful charts and graphs.

The aroma of a new car, the satisfaction of removing the plastic from the seats and driving it home from the showroom knowing that it is untouched and does not have a single scratch or dent.

Where are the graphs, formulas and accounting principles that can quantify that?

 

[R3verse Swing]

Buying anything new is a great feeling but with cars the main issue is new models are released annually.

To draw an analogy, back in the day I would buy new PC/parts then found myself wasting slot of money because I wanted everything brand new. If I look back now I wasted slot of money. Same applies to mobile phones.

Saying this buying mint records has more value, and most of my records have increased in value.

 

[WhenSultansBowled]

It might make sense according to colorful graphs and accounting principles, but the satisfaction of owning a brand new car is great and cannot be quantified.

You feel confident about the condition of the car and know that it is unlikely to give you any problems in the first few years. After all, it is unused.

I will stick to buying a new car even if I can get a better used car for the same price. I am personally totally against the idea of buying used cars, phones, laptops etc., but it is a personal preference.

A lot of people do the opposite and that is their call.

Hey y'all we got a rich kid in this joint

Seriously tho, most people who buy new cars is to show off

 

[Mamoon]

Hey y'all we got a rich kid in this joint

Seriously tho, most people who buy new cars is to show off

In Pakistan, unless you are filthy rich (which I am not) the best you can afford is a Honda Civic or a Toyota Corolla, which are mid-range cars.

If you want something better than that in a similar price range, you will have to look years old models of Honda Accord, Toyota Mark X/Camry or Mercedes E class/Kompressor. Or perhaps if you are into SUVs, you can get a very old Land Cruiser or a Prado.

I would rather have a new Civic over a used Accord, Mercedes or a Land Cruiser.

 

[Slog]

In Pakistan, unless you are filthy rich (which I am not) the best you can afford is a Honda Civic or a Toyota Corolla, which are mid-range cars.

If you want something better than that in a similar price range, you will have to look years old models of Honda Accord, Toyota Mark X/Camry or Mercedes E class/Kompressor. Or perhaps if you are into SUVs, you can get a very old Land Cruiser or a Prado.

I would rather have a new Civic over a used Accord, Mercedes or a Land Cruiser.

New Civic and Corolla cost over 25 lacks (Civic almost 30 lac with features).

Middle class isnt buying these

on topic - In Pak Ill prefer new cars because you are getting old imported cars at twice the cost due to duties.

 

[shaz619]

The other thing is, often you have instances where new cars are recalled due to issues which did not come to light during development or testing and that can be annoying for you as a customer who has spent a fair bit

 

[Syed1]

New Civic and Corolla cost over 25 lacks (Civic almost 30 lac with features).

Middle class isnt buying these

on topic - In Pak Ill prefer new cars because you are getting old imported cars at twice the cost due to duties.

And then you get scratched ten times by biker boys trying to get pass each other, breaking the red light and being an overall nuisance even before you get home.

If I were to buy a car in Pakistan, I'd buy a Mehran...... atleast I won't feel bad if it gets scratched or dented.


Pakistanis lack civic sense and how to drive in traffic.



Also entry level cars like Civic/Corrolla which even new grads can afford in North America are out of reach of middle-class in Pakistan. Only because of 100% marked up prices and monopoly of Japanese.

 

[imrankhannsu]

I dont mind buying a second hand car as long as its from an authorised dealer and has some cover for some time period. Even if I do have money someday InshahAllah I will still ride on this concept. But playing advocates devil I would bank on others to buy new cars too

 

[R3verse Swing]

The other thing is, often you have instances where new cars are recalled due to issues which did not come to light during development or testing and that can be annoying for you as a customer who has spent a fair bit

This.

I hate the maintenence with cars. Whether it is MOT, Servicing, Insurance or Tax. This is why I prefer leasing - it's all taken care of. Any issue it goes back to showroom and I receive a replacement. Also applies to when newer models come out.

 

[Robert]

Wouldn't know. Have never bought a new car.

 

[finalfantasy7]

Well leasing for the last 5 yrs or so is the forward.

 

[pillionrider]

If you buy a car to drive it and not for social or other reasons, I really don't understand why you would want to buy a used car. I couldn't bear the thought of driving a car where some idiot has ruined or filed away at the engine.

 

[Bosanquet]

If you buy a car to drive it and not for social or other reasons, I really don't understand why you would want to buy a used car. I couldn't bear the thought of driving a car where some idiot has ruined or filed away at the engine.

Here's a reason (22,000 of them really).
Jaguar XF 3.0 litre New > £40,000
3 years old, 20,000 miles, main dealer, high spec & spotless, with 3 year warranty & servicing thrown in - £18,000.
I drive for work & pleasure but cannot afford 40K for a car.

 

[IMMY69]

Lesson in Life by Immy69: Only someone who doesn't understand money will buy a new car. 10-15% depreciation the moment you drive it away from the showroom.
If leasing or buying on HP, don't complain about not being able to afford a home.

 

[s28]

Leasing is just a 'secular' trend made available by mixture of easy credit and the perfectly rational wish to match ones liabilities with ones outgoings for cash management purposes. The difficulty comes if one over-extends oneself especially when one is buying a depreciating asset rather than say what most people are used to (i.e. e.g. buying an appreciating asset like a house (generally))

If you get a 'shock' it can be painful

 

[Mamoon]

New Civic and Corolla cost over 25 lacks (Civic almost 30 lac with features).

Middle class isnt buying these

on topic - In Pak Ill prefer new cars because you are getting old imported cars at twice the cost due to duties.

The middle class cannot afford Civic and Corolla obviously, but the elite class (which are of course in the minority) tend to use Civics and Corollas as their second cars. However, for people in the upper class, they are pretty much the only options.

The hike in the price of Accord (not sure about Camry though) is astonishing though. It used to cost around 35 lac at a time when the Civic was for around 10 lac, and now the Accord is around 97 lac.

 

[ManFan]

I wouldn't buy a brand brand new car because you're basically a test driver for future owners. I like my cars used and ones which have a bit of experience at least because they will perform better [MENTION=136193]Adil_94[/MENTION] [MENTION=47617]Red Devil[/MENTION]

You shut your mouth there fat boy! Or else he’ll make your local car salesman say “Mickey Mouse”!
Oldest ride, longest line.
Because jumpin on, is a lot easier than jumpin on!
Woooooooooooooooooooooooooooooooooo!

 

[R3verse Swing]

Leasing is just a 'secular' trend made available by mixture of easy credit and the perfectly rational wish to match ones liabilities with ones outgoings for cash management purposes. The difficulty comes if one over-extends oneself especially when one is buying a depreciating asset rather than say what most people are used to (i.e. e.g. buying an appreciating asset like a house (generally))

If you get a 'shock' it can be painful

I think you are confusing Leasing with PCP.

Leasing is not credit.

 

[KingKhanWC]

It might make sense according to colorful graphs and accounting principles, but the satisfaction of owning a brand new car is great and cannot be quantified.

You feel confident about the condition of the car and know that it is unlikely to give you any problems in the first few years. After all, it is unused.

I will stick to buying a new car even if I can get a better used car for the same price. I am personally totally against the idea of buying used cars, phones, laptops etc., but it is a personal preference.

A lot of people do the opposite and that is their call.

Many car manufacturers give you up to 8 years warranty.

I never buy a new car, the moment you drive off the forecourt you have lost money. 3-5 years is best for value and also cars will have warranty.

 

[Mamoon]

Many car manufacturers give you up to 8 years warranty.

I never buy a new car, the moment you drive off the forecourt you have lost money. 3-5 years is best for value and also cars will have warranty.

I suppose it depends on your lifestyle as well. I am not the type of person who is going to get a new car every year or every two years.

It is the same for my family as well. We tend to keep our cars for 10-15 years, we simply downgrade them from first car to second car and third car, which means that over the course of our lives, we do not buy many cars.

My dad is an old man, and he has only bought 5 cars in his life. I do not think I will be much different, so if I am only going to buy 5 or 6 cars in my entire life, I would rather enjoy the feeling and satisfaction of buying a new car instead of worrying about the depreciation and loss in value.

For people who buy cars annually and try to make money out of it, used cars probably make more sense. However, if you are buying something for the long haul, it is obviously going to depreciate and lose money.

 

[Abdul]

Y'all broke.

 

[KingKhanWC]

I suppose it depends on your lifestyle as well. I am not the type of person who is going to get a new car every year or every two years.

It is the same for my family as well. We tend to keep our cars for 10-15 years, we simply downgrade them from first car to second car and third car, which means that over the course of our lives, we do not buy many cars.

My dad is an old man, and he has only bought 5 cars in his life. I do not think I will be much different, so if I am only going to buy 5 or 6 cars in my entire life, I would rather enjoy the feeling and satisfaction of buying a new car instead of worrying about the depreciation and loss in value.

For people who buy cars annually and try to make money out of it, used cars probably make more sense. However, if you are buying something for the long haul, it is obviously going to depreciate and lose money.

Fair enough, if you're going to run a car in to the ground I suppose deprecation doesn't come int it.

The car is one of my great treats in life, it's more than just a vehicle to travel. I drove some amazing cars over the years but no matter how much I get attached I sell the car within 1-2 years maximum in order to get all my money back so I can then buy something else.

Also the problem is they just done make some cars anymore. New cars have the best technology, comfort and safety but there is something alluring about old models which makes you want to drive them. You can buy and old car which is now affordable now.



I wasn't able to drive when this came out, a very long time ago but its was very expensive to buy as a new car but now you can pick this up for around £12,000. For this price you will be driving one of the fastest 4 door saloons cars out there. Bargain!

 

[s28]

I think you are confusing Leasing with PCP.

Leasing is not credit.

How is Leasing not Credit ?

 

[R3verse Swing]

How is Leasing not Credit ?

Leasing is the same as renting. I don't own the car. I don't take a loan against the car. I don't have to buy the car at the end of the period. I simply hand back the car at the end of the decided term, then lease another. There is no credit or finance involved. Which is why leasing is also reffered to as PCH - Personal Contract HIRE.

This might be a new concept for you, but check the link on what leasing is and how it differs to PCP.

https://www.moneyadviceservice.org.uk/en/articles/leasing-a-car

 

[s28]

lol

just because they call it rental doesn't mean there is no debt they just subsume the CREDIT cost IN the rental price

that is why they do CREDIT checks, they are lending you an asset , you have a financial liability to them and are in effect borrowing from them

"You’ll need to pass a credit check to secure your agreement. You’ll often be able to get a better interest rate with a higher credit score.

Find out more about how to improve your credit score ."


and ...

"This is because you’re borrowing the full amount of the vehicle and with PCP you’re borrowing part of the value."

 

[R3verse Swing]

lol

just because they call it rental doesn't mean there is no debt they just subsume the CREDIT cost IN the rental price

that is why they do CREDIT checks, they are lending you an asset , you have a financial liability to them and are in effect borrowing from them

"You’ll need to pass a credit check to secure your agreement. You’ll often be able to get a better interest rate with a higher credit score.

Find out more about how to improve your credit score ."


and ...

"This is because you’re borrowing the full amount of the vehicle and with PCP you’re borrowing part of the value."

There is no debt on the person who leases it, hence it's a rental. The credit check is more to do with worthiness, just like when renting a house. The credit check has nothing to do with lending when leasing.

Again, you are confusing yourself. Leasing is NOT PCP, it is PCH (private car hire) as per link.

 

[s28]

I don't think you understand the point. There is an implicit interest rate in the rental hire. Nobody is giving you free money. Money has a time value.

 

[s28]

http://www.ifrsbox.com/how-to-calculate-interest-rate-implicit-in-the-lease/

OK, so you pay an interest on the lease. At what rate? Well – at the rate implicit in the lease, or the internal rate of return on all payments or receipts from the lease. Thus, when you appropriately discount all what you pay as the lease payments by the rate implicit in the lease, you should get exactly the value that you got in the beginning in the lease.
Example: You acquire a new car under the lease. Normal selling price of the same car is EUR 10 000 and you are required to pay a downpayment of EUR 1 000 immediately when you take the car. Then, you will pay EUR 3 500 at the end of each year for 3 years. How should this be understood?

Amount of your loan is EUR 9 000. You get a car with value of EUR 10 000, but you pay back EUR 1 000 immediately.
Repayments of your loan are EUR 3 500 each year, for 3 years. Thus you pay 10 500 in total.
Total interest is EUR 1 500 – that is difference between EUR 10 500 (your repayments) and EUR 9 000 (your loan).
Interest rate of your loan is 8.122%. When you discount all repayments by this rate, the sum of them will give you exactly EUR 9 000:

 

[R3verse Swing]

http://www.ifrsbox.com/how-to-calculate-interest-rate-implicit-in-the-lease/

OK, so you pay an interest on the lease. At what rate? Well – at the rate implicit in the lease, or the internal rate of return on all payments or receipts from the lease. Thus, when you appropriately discount all what you pay as the lease payments by the rate implicit in the lease, you should get exactly the value that you got in the beginning in the lease.
Example: You acquire a new car under the lease. Normal selling price of the same car is EUR 10 000 and you are required to pay a downpayment of EUR 1 000 immediately when you take the car. Then, you will pay EUR 3 500 at the end of each year for 3 years. How should this be understood?

Amount of your loan is EUR 9 000. You get a car with value of EUR 10 000, but you pay back EUR 1 000 immediately.
Repayments of your loan are EUR 3 500 each year, for 3 years. Thus you pay 10 500 in total.
Total interest is EUR 1 500 – that is difference between EUR 10 500 (your repayments) and EUR 9 000 (your loan).
Interest rate of your loan is 8.122%. When you discount all repayments by this rate, the sum of them will give you exactly EUR 9 000:

You are still referring to PCP.

In PCH leasing I DO NOT pay an amount at the end of the term.

The two common ways of financing a car are personal contract hire (PCH) and personal contract purchase (PCP). PCH leasing allows you to drive a new car every few years, with relatively low monthly payments and no worries about the car’s resale value. PCP is similar, but gives you the option of buying the car in the future. When you lease a car there are strict rules and restrictions, so make sure you understand how it work.

PCH:

How do I finance a car with personal contract hire (PCH)?

If you’re looking to hire a car long term and don’t want to buy it, the cheapest option is likely to be using PCH. Here are the details:

The lease agreement lasts 2 to 5 years.
You will need to undergo a compulsory credit check.
You have to pay around three months’ lease upfront.
You never own the vehicle during the agreement and have to hand it back at the end of the term.
Monthly payments are normally higher than for equivalent vehicles leased through PCP, but over the entire contract you’ll typically pay less on a PCH.

PCP:

Monthly payments are normally higher than if you had leased the car through PCP. This is because you’re borrowing the full amount of the vehicle and with PCP you’re borrowing part of the value.

However, the total amount you pay over the contract is often less than with a PCP. But every deal is different so make sure you shop around and compare the total cost including running costs.

PCP is similar in many ways, but lets you purchase the car at the end of the agreement.

https://www.moneyadviceservice.org.uk/en/articles/leasing-a-car

 

[s28]

I'm afraid you have a very flaky grasp of the finances here. Good luck to you, you will need it.

 

[R3verse Swing]

I'm afraid you have a very flaky grasp of the finances here. Good luck to you, you will need it.

The articles are wrong, the industry is misleading, and there is such thing as PCH, but you are correct.

No worries.

 

[hassan918]

FBR imposes 25% sales tax on cars with over Rs4m price​

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a 25% sales tax on domestically manufactured or assembled cars if the invoice price exceeds Rs4 million — a decision that would hit the "already suffering" auto industry, The News reported Saturday.

In a notification issued by the FBR on Friday, 25% sales tax would continue to be applicable on locally manufactured or assembled vehicles having engine capacity of 1400cc and above.

The Economic Coordination Committee (ECC) and the federal cabinet, during the tenure of the former caretaker government, had granted approval for slapping 25% general sales tax (GST) on all vehicles manufactured locally with prices above Rs4 million or above 1400cc engine capacity or double cabin.

The decision was lamented by Pakistan auto manufacturers who urged the government to scrap the increased sales tax, saying that it would only affect the domestic car makers and not the importers of used cars.

The FBR has estimated to collect Rs4 to Rs4.5 billion through these taxation measures annually.

The ECC had approved the summary of FBR under which all vehicles above 1400cc were imposed 25% GST. But, the FBR added another condition that all vehicles above 1400cc having a price over Rs4 million would have to pay 25% GST.

Earlier, the vehicles above 1400cc engine capacity were paying 25% GST. But now the element of price was also incorporated, so vehicles having a price of more than Rs4 million would have to pay 25% GST instead of 18%.

However, for those vehicles up to 850cc, the GST rate was fixed at 12.5%.

The government had imposed an enhanced GST rate of 25% on luxury vehicles in the last budget on those vehicles having engine capacity above 1400cc.

The enhanced GST rate is applied in different countries to curb luxury vehicles, and in some countries, the rate was even on the higher side, said FBR official.

Source: GEO

 

[hassan918]

With the prices of the new cars gone up a lot in the last few years, a middle-class men hardly have this choice of buying between a new and used car.

 

[Suleiman]

It might make sense according to colorful graphs and accounting principles, but the satisfaction of owning a brand new car is great and cannot be quantified.

You feel confident about the condition of the car and know that it is unlikely to give you any problems in the first few years. After all, it is unused.

I will stick to buying a new car even if I can get a better used car for the same price. I am personally totally against the idea of buying used cars, phones, laptops etc., but it is a personal preference.

A lot of people do the opposite and that is their call.

Agreed. If you can afford it, 100% buy new.

Otherwise buying used is fine. But you have to do your research and due diligence to make sure there are no underlying issues the seller is trying to hide due to wear and tear.

Not really an issue with new cars because you get it directly from the manufacturer or official dealership.

 

[shaz619]

Agreed. If you can afford it, 100% buy new.

Otherwise buying used is fine. But you have to do your research and due diligence to make sure there are no underlying issues the seller is trying to hide due to wear and tear.

Not really an issue with new cars because you get it directly from the manufacturer or official dealership.

I would agree with this if it was buying new cars 15-20 years ago, but now the modern cars are giant cubes hindered by regulation and a lack of creativity. Performance wise they are superior no doubt, but they have far too much ability, they’re just too capable. And the torque from turbo charged engines for sure gets you going, but you don’t enjoy the rev range like you normally would and they tend to add fake noise, they don’t sound great at all, I don’t like turbo charged engines but the ones from late naughties to early 2010’s were decent (N54, N55 etc). Oh and each gen the steering seems to get worse, again the earlier EPAS was ok but now it’s horrible, you have to change your seats to sports seat to get more off a feel up the behind in the new M3 etc lol but that connection between the steering and road is simply not there.

No doubt as cruisers these new beasts are fine for that purpose alone and especially if you can get it from a company, but if you want something which performs well, can be a great cruiser but also thrashed around a bit and economical when you want it to be or a little juvenile with the sound; the cars of today offer very little and they look horrible but that’s just my opinion.

There also seems to be a growing trend with some of the newer models to now and reliability concerns, with the number of sensors they tend to spend a lot more time in the garage but I suppose buying it right out of factory would be a must / justified here because an extended warranty should be compulsory.

 

[ElRaja]

i got a new car, amazing at getting from point A to point B with minimal hassle, does everything right, but i still dont have the same connection i did with my old 530d, which literally broke down every 200 miles, lol.

i dont know why, but its way easier to feel an emotional connection to a mechanical object than an electrical object. i still see videos of giant one cylinder steam tractors on youtube, and find them more evocative than modern efficient tech.

 

[DeadlyVenom]

I have bought new and second hand.

Approved used cars from official dealership is probably the sweet spot.

 

[Kianig89]

Using Rebirth , excellent machine , luxury drive and aesthetics super fuel average a bit expensive ,
Swift 22 superb machine mileage 20+ and very comfortable ideal for intercity traffic

 

[sweep_shot]

I think buying a new car is wasting money. Better to buy a used car (not too used) that is in good shape.

 

[shaz619]

i got a new car, amazing at getting from point A to point B with minimal hassle, does everything right, but i still dont have the same connection i did with my old 530d, which literally broke down every 200 miles, lol.

i dont know why, but its way easier to feel an emotional connection to a mechanical object than an electrical object. i still see videos of giant one cylinder steam tractors on youtube, and find them more evocative than modern efficient tech.

Always go for a straight 6 petrol (plus regulation may be more tolerant of petrols compared to diesels in the near future), I'd say the N52 is arguably the best engine BMW ever made due to the performance, reliability and economy; on a run you can hit the high 30's. Find one from an enthusiast and you wont ever go wrong.

I do agree with that, I mean on the contrary it's having an attachment with an electric motor going round and round at predetermined speeds, each to their own though I can't see the mazza in that lol I do hope we have a lot longer before they are forced upon us, the optimist in me is looking at a future with synthetic fuels dominating the roads for a decent amount of time.

 

[ElRaja]

Always go for a straight 6 petrol (plus regulation may be more tolerant of petrols compared to diesels in the near future), I'd say the N52 is arguably the best engine BMW ever made due to the performance, reliability and economy; on a run you can hit the high 30's. Find one from an enthusiast and you wont ever go wrong.

I do agree with that, I mean on the contrary it's having an attachment with an electric motor going round and round at predetermined speeds, each to their own though I can't see the mazza in that lol I do hope we have a lot longer before they are forced upon us, the optimist in me is looking at a future with synthetic fuels dominating the roads for a decent amount of time.

i loved the diesels, for me they were perfect balance of acceleration on demand and effortless crusing. i went electric cos of salary sacrifice, works out at a nearly 30% saving so a no brainer.

well, bugatti is coming with a rumoured 2000hp v-16 n/a hybrid (1000 + 1000hp), so the ice engine isnt quite dead, lol.

 

[gazza619]

For me its the biggest waste of money buying a zero meter car.

 

[hassan918]

Massive cut in KIA car prices​

Lucky Motor Corporation (LMC) - the assembler of KIA vehicles in Pakistan - announced significant price reductions across its line-up.

The most notable adjustment comes with the Kia Stonic EX+ model, which sees a staggering decrease of up to Rs 1,513,000. Previously priced at Rs 6,280,000, the Stonic EX+ is now available at Rs 4,767,000, offering potential buyers substantial savings.

Similarly, the iconic Kia Sportage series also witnesses a considerable slash in prices. In March 2024, KIA initiated a downward trend, reducing the cost of various Sportage variants. The Sportage Alpha, for instance, now retails at Rs 7,300,000, down from Rs 7,550,000, marking a noteworthy reduction of Rs 250,000.

Moreover, the Sportage FWD sees a drop to Rs 7,740,000 from its previous price of Rs 8,040,000, constituting a significant Rs 300,000 decrease. Meanwhile, the Sportage AWD and the Sportage Black Edition follow suit with reductions of Rs 300,000 each, now priced at Rs 8,470,000 and Rs 9,000,000, respectively.

Massive cut in KIA car prices

Lucky Motor Corporation (LMC) - the assembler of KIA vehicles in Pakistan - announced significant price reductions across its line-up.

www.samaa.tv