Kia has a discount of up to R$ 20 thousand after the reduction of IPI

Kia has a discount of up to R$ 20 thousand after the reduction of IPI



The Korean brand has already updated the table with discounts in its range after the order and reduction of IPI. Kia Carnival has a bigger drop

Kia Carnival 2022: The compact luxury car has Kia’s biggest IPI discount

After the publication of decree 10.979/2022 encouraging the reduction of IPI – Industrial Goods Tax by 18.5% for cars, Kia took the opportunity to pass discounts on its various products in Brazil. The price drop reaches up to R$ 20 thousand in one of the products!

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“At this time of high cost pressure and severe depression of domestic demand for cars, we believe that the Federal Government was right to reduce the IPI rate. We could already see the government’s effective measures to move the Brazilian economy. The reduction of the IPI could be the beginning of a recovery this, along with others that the car import sector demands,” says José Luiz Gandini, president of Kia Brasil.

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A lightweight hybrid, Stonic is one of the brand's bets for Brazil
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Kia’s biggest IPI discount is the Carnival minivan. A product that exceeds half a million reais will now be R$ 20,000 cheaper. The imported model drops from R$ 534,990.00 to R$ 514,990.00. In other models, the reduction is small.

This happens because the IPI level is not the same for all vehicles. The tax is charged in relation to the type of fuel used, the capacity of engine cylinders or even the category and capacity of passengers. We publish here an analysis of the average reduction amount for Brazilian cars. Watch it here.

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Returning to the Kia line, the Stonic light hybrid, drops from R$149,990.00 to R$146,990.00, while the Cerato sedan, from R$132,990.00 to R$130,490.00. One of the most desired models of the brand, the medium SUV Sportage, from R$182,990.00 to R$179,590.00. The new prices are already in effect across the Kia Dealership Network, as of March 3.

  • Kia Carnival BRL 534,990.00 for BRL 514,990.00
  • Kia Stonic BRL 149,990.00 for BRL 146,990.00
  • Kia Cerato of BRL 132,990.00 per BRL 130,490.00
  • Kia Sportage BRL 182,990.00 for BRL 179,590.00

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