Imported car prices hit rock bottom, record drop of more than 300 million VND

Despite the strong growth in sales for two consecutive months, the Vietnamese auto market is still facing many difficulties and challenges, according to the business community. That may be the reason why, since the beginning of May, many car manufacturers have offered "shocking" discounts on some imported car models.

Volkswagen Tiguan Allspace reduced by a record of more than 300 million VND

The number of Volkswagen Tiguan Allspace cars produced in 2021 and 2022 is still large in inventory, forcing some dealers to heavily discount this model since early May.

Specifically, for the 2021 model, Tiguan Allspace includes 2 versions Elegance and Luxury S with actual selling prices at dealers of more than 1.4 billion and more than 1.6 billion VND respectively, a reduction of up to 300 million compared to the listed price of 1.699 billion and 1.929 billion VND.

Volkswagen Tiguan Allspace still has a lot of stock produced 2021 and 2022.

In addition to clearing out old cars, dealers also do not forget to reduce prices of new cars to stimulate demand with a reduction of about 100 million VND compared to the current suggested price of 1.999 billion VND.

Volkswagen Tiguan Allspace is a 7-seat SUV, equipped with a 2.0L turbocharged engine with 180 horsepower, 320 Nm torque, 7-speed dual-clutch transmission and 4Motion 4-wheel drive system with off-road support driving modes.

BMW 3-Series 2022 price reduction of hundreds of millions

In early May, the standard 2022 BMW 320i Sport Line is currently being offered by BMW dealership sales consultants for VND1,299 billion, a reduction of up to VND100 million compared to the listed price of VND1,399 billion. The 320i M Sport and 330i M Sport versions also have similar discounts.

BMW 3-Series 2022.

Many reviews say that the discounted price of the BMW 320i 2022 is currently quite a bargain because it is only slightly higher than the D-class sedan Toyota Camry 2.0Q (currently priced at 1.22 billion VND).

Meanwhile, in the new 2023 generation, the new 3-Series facelift versions are priced from 1.499 billion to 1.879 billion VND.

Besides the differences in design and equipment, the engine and transmission system on the 320i Sport Line 2022 are identical to the new version. The car still uses a 2.0L engine, 184 horsepower, 300 Nm torque, combined with an 8-speed gearbox and rear-wheel drive.

Honda CR-V reduces 100% registration fee

At the beginning of May, Honda Automobile Vietnam continued to apply the program of supporting 100% of registration fee for Honda CR-V model.

Honda CR-V is distributed in Vietnam with 4 version options, including E, G, L, LSE with listed prices of 998 million VND, 1.048 billion VND, 1.118 billion VND and 1.138 billion VND respectively.

Thus, after applying the 100% fee support policy, car buyers in May will save from 100 to 136.5 million VND, depending on the version and registration area.

Honda CR-V 100% reduction in registration fee.

Honda CR-V entered the Vietnamese market in 2008. The current Honda CR-V is the 5th generation, launched globally in late 2016.

After 3-4 years, this model also introduced a mid-life upgrade version in many markets, including Vietnam from 2020. Honda CR-V 2022 uses a 1.5L Turbo engine, producing a maximum capacity of 188 horsepower and maximum torque of 240 Nm.

Beijing X7 reduced by 60 million VND

The Chinese car model BAIC Beijing X7 is being offered by dealers at a further discount compared to last month. Accordingly, at the end of April and the beginning of May, some dealers offered BAIC Beijing X7 cars with a discount program of 40 million VND. The high-end version 1.5 Premium in particular has a discount of up to 60 million VND. The price delivered to customers is currently only 698 million VND.

Beijing X7 reduced by 60 million VND.

The new Beijing X7 2023 has two additional versions, Standard and Deluxe, the only version sold before becoming the highest version, called Premium. Both the Standard and Deluxe versions are priced at 608 million VND and 688 million VND respectively.

The Beijing X7 sold in Vietnam has undergone an upgrade with some notable equipment such as leather seats, electric front seats, automatic driver's seat reclining when the engine is turned off, heating/ventilation for both rows of seats, panoramic sunroof, high-resolution dual screens, virtual assistant...

The car uses a 1.5L turbocharged gasoline engine, producing a maximum capacity of 188 horsepower, maximum torque of 275 Nm. This engine block is combined with a 6-speed manual transmission or a 7-speed automatic transmission with front-wheel drive.

Ford Everest Wildtrak has just been released and has a price reduction

Just launched on the market since the end of March, but until now some dealers are offering Ford Everest Wildtrak with quite attractive discounts.

Specifically, Everest Wildtrak is being discounted by about 40 million VND with gifts of accessories with a converted value of about 15 million VND.

Ford Everest Wildtrak.

Thus, the Ford Everest Wildtrak listed price of 1.499 billion VND is now only about 1.45 billion VND after promotion.

Wildtrak is the most advanced version of Everest, imported from Thailand. In the D-class high-chassis vehicle segment in Vietnam, Ford Everest competes with rivals Toyota Fortuner, Kia Sorento, Hyundai Santa Fe, Mitsubishi Pajero Sport, Isuzu mu-X, Mazda CX-8.

The Everest Wildtrak's engine is similar to the Titanium+ version, 2.0 bi-turbo, 210 horsepower, maximum torque of 500 Nm, with a 10-speed automatic transmission, 2-wheel drive.