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car discounts
Updated news related to car discounts
A series of cars are on sale, some new cars have deep discounts of up to 400 million VND.
Many car models, including both imported and assembled cars, are running deep discount programs with reductions of up to hundreds of millions of VND to attract customers. It is worth noting that these car models do not belong to luxury car brands.
Car
Will there be a car price reduction race next June?
Many forecasts say that car prices this June will decrease significantly in the context of an increasing number of imported cars from markets enjoying 0% preferential tax.
It is impossible to "collude" to reduce the price of a car by less than 1.5 billion VND to avoid paying property tax.
The price list for calculating car registration fees is also the basis for levying property tax on cars valued at over VND 1.5 billion. Therefore, it is impossible to avoid paying property tax when the seller and buyer agree on a lower price to avoid paying annual property tax.
Hyundai cars reduced by more than 200 million: The price-cutting race begins
Under pressure from huge price cuts from Japanese and American car manufacturers, Korean car manufacturer Hyundai has also implemented a strong price cut for many car models. In particular, Hyundai's hot car model, Santa Fe, has a reduction of 212 million VND, falling to 898 million VND.
Paradox: Import tax reduced, car prices increased dramatically
Many customers expect car prices in 2018 to decrease significantly due to the impact of import tax on cars from ASEAN to Vietnam down to 0% from January 1, 2018. However, after Lunar New Year, many car models increased in price.
Domestic cars are discounted, imported cars with 0% tax cannot be brought to Vietnam
Domestically assembled cars continue to "initiate" the price reduction race, while car models manufactured in ASEAN that are subject to 0% import tax still cannot be imported to Vietnam.
Fluctuations in the Vietnamese automobile market in 2017
The car price war, the rise of Truong Hai (THACO) and the impact of new policies... have outlined a turbulent 2017 for the Vietnamese car market.
Cars reduced by another 200 million, some places sell at any price
November 27, 2017 08:49
Car dealers are in the process of clearing out inventory. Many car models continue to have discounts of over 200 million VND, especially...
Continuously decreasing, car prices in Vietnam are still higher than in Thailand
October 24, 2017 06:35
Car prices in Vietnam are nearly twice as high as in Thailand, and this figure is even higher when compared to countries with stable auto industries such as the US and Japan. The biggest reason for high car prices in Vietnam is due to high taxes and fees.
The 'tricks' of car dealers to reduce prices and compete for customers
October 18, 2017 10:10
In the final months of 2017, a series of price cuts were launched by car manufacturers; fierce competition between dealers to attract customers in a gloomy market.
10 car models with beautiful interiors, priced under 700 million VND
August 25, 2017 13:03
The list of 10 cars with beautiful interiors, priced under 700 million VND voted by Autobytel website. The cheapest on this list is the 2017 Chevrolet Spark with a selling price of only 13,875 USD (about 315 million VND).
Imported cars to Vietnam drop to record low
August 7, 2017 09:59
Imported cars into Vietnam continued to decrease for the second consecutive month. The number of imported cars in July was the lowest since the beginning of the year.
In August, the car price reduction war continues to be fierce.
August 6, 2017 15:38
To maintain market share and attract customers in the current fiercely competitive Vietnamese auto market, companies are forced to "race" to reduce prices.
Check out the car models with shocking discounts of nearly 200 million VND/car
July 30, 2017 14:18
Stimulating consumer demand to attract buyers to clear inventory is the main reason why car companies offer strong discounts.
In early July, Honda car prices dropped to a historic low of up to 200 million VND.
July 2, 2017 07:09
Just on July 1, Honda car prices suddenly dropped by 200 million VND, this is a rather bold move by the Japanese manufacturer.
Used cars fall in price miserably, selling at a loss but still no customers
June 14, 2017 15:11
The price of new cars on the market has continuously dropped sharply, leaving used car dealers unable to react. Some used car models that were previously popular have now been sold at a loss to recover capital.
Toyota cars have unprecedented price reduction, Ford's price has dropped by 130 million
May 22, 2017 14:46
The Vietnamese automobile market is witnessing a price reduction race among many car manufacturers. A series of popular and luxury car models have had their retail prices adjusted down from tens to hundreds of millions of dong.
Car models with the deepest price reductions in early 2017
March 8, 2017 16:22
In the first two months of the year, seven car brands have adjusted their prices in the Vietnamese market, with many popular models and discounts of up to hundreds of millions of dong.
Mazda's deep price cuts cause chaos in the Vietnamese auto market
December 8, 2016 14:50
The deepest decrease compared to November is for Mazda6 with 170 million while CX-5 and Mazda3 also have the highest decrease of 90 million.
Ghost month: Cars discounted by hundreds of millions still have few customers
August 20, 2016 17:29
Businesses said that the car market has been extremely gloomy since the beginning of the 7th lunar month, with sales down about 30% compared to last month.
4 compact sedan models with reduced prices
July 6, 2016 16:11
B-class sedans such as Toyota Vios, Nissan Sunny or Honda City are all discounted because the special consumption tax rate for vehicles with engines of 1.5L or less is only 40%.
New tax proposal - opportunity to buy small cars for Vietnamese people
October 14, 2015 17:24
If the new tax proposal is applied, the price of small cars with engines under 2 liters will decrease by about 14% while those with engines of 2 liters or more will increase in price.
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