In early July, Honda car prices dropped to a historic low of up to 200 million VND.

Just on July 1, the selling price of Honda cars suddenly dropped by 200 million VND, this is quite a bold move by the Japanese manufacturer.

According to a survey by PV, since July 1, the selling prices of many Honda car models have fluctuated sharply, with reductions ranging from 10 to 200 million VND, depending on the model. The discount program has been applied since July 1, 2017.

Specifically, the Honda Odyssey has the biggest discount, worth up to 200 million VND. Currently, the selling price of Odyssey at dealers has decreased from 1.99 billion to 1.79 billion VND. In the domestic car market, there has not been a car model with a discount of up to 200 million VND like the Honda Odyssey.

Honda Odyssey reduced price by 200 million VND is a surprising move.

Honda car price list July 2017.

Low sales are the driving force for Honda to heavily discount the Odyssey model. According to a report by the Vietnam Automobile Manufacturers Association (VAMA), the Honda Odyssey was in the top 10 worst-selling models in the market in May 2017 with sales of only 14 units/month. In April 2017, Odyssey's sales were even worse, reaching 8 units/month.

In the 2 billion VND price segment, Odyssey is having difficulty against competitors such as Toyota Camry and especially Mercedes-Benz models.

In addition, Honda CR-V continued to be adjusted down by another 10 - 20 million VND compared to the reduction in June. Honda's price adjustment continued to bring the selling price of CR-V down to a record low. Currently, CR-V 2.0 AT 2016 has a selling price of 858 million VND, a decrease of 10 million VND compared to last month and lower than the suggested price of 150 million VND.

The Honda CR-V is still maintaining a low price.

Honda car price list July 2017.

Also in July, the Honda Civic Turbo C-class model had a reduction of 60 million VND, the actual selling price of Honda Civic at dealers was 890 million VND. This is considered the biggest reduction since this model was sold on the market in early 2017.

Honda Accord also received a 100 million VND discount, down to 1.29 billion VND. According to many dealers, Honda Accord is likely to receive further discounts in the near future because this car is imported directly from Thailand.

Honda Civic Turbo has a discount of 60 million VND, the actual selling price of Honda Civic at dealers is 890 million VND.

Honda car price list July 2017.

Finally, the "newbie" Honda City 2017 has a cash discount of 10-20 million VND, depending on the version and dealer. This is a car model that was just introduced in mid-June. If compared to the same segment with its "compatriot" Toyota Vios, the Honda City 2017 has a slightly more expensive price. However, with the advantage of being launched recently, it is very likely that the City 2017 will be a tough competitor for the Vios in the near future.

"Newbie" Honda City 2017 also decreased slightly in July to compete with rivals.

Honda car price list July 2017.

According to VNN