Car models priced at 500 million VND for Vietnamese people.

With 500 million VND, Vietnamese customers have more than enough money to buy the most expensive models in the A-segment, but find it difficult to choose a car in the B-segment.

The Vietnamese automotive market has experienced steady and rapid growth over the years, leading manufacturers to focus more on the small car segment. This is where many first-time car buyers often consider. However, the significant price difference between the A and B segments makes it difficult for customers to make a decision.

At 500 million VND, you have almost enough money to buy a Class A car, but not enough to aim for a Class B car. This in-between price point doesn't offer many sensible choices. Below are some car models in the 500 million VND price range that Vietnamese buyers can consider when looking to buy a car.

These are the current prices for new cars. Prices may change after July 1st, depending on the manufacturer.

1. Segment A

Hyundai Grand i10

All versions of the Grand i10 are priced under 500 million VND. Therefore, at around 500 million VND, customers can choose the highest-end versions of this model, including the i10 h.The hatchback 1.2AT is priced at 457 million VND andThe i10 sedan AT is priced at 479 million VND. Both cars are equipped with a 1.2-liter engine producing 86 horsepower.

The car is imported from India. In that market, the price of the Grand i10 ranges from $7,300 to $10,450.

Mitsubishi Mirage

The Mirage is also an imported model, originating from Thailand. It only comes in two versions: MT priced at 452 million VND and CVT priced at 523 million VND. The car is equipped with a 1.2-liter I3 engine. In the Thai market, the price ranges from 10,900 to 16,000 USD.

2. Segment B

Chevrolet Aveo

Despite being in the B-segment, GM Vietnam prices the Chevrolet Aveo similarly to an A-segment model. The Aveo comes in two versions, LT and LTZ, both priced under 500 million VND. The LT version is priced at 452 million VND and the LTZ at 488 million VND. The car is equipped with a 1.5-liter I4 engine producing 84 horsepower.

The Aveo is assembled domestically. In India, the car is priced at around $8,900-$11,000.

Nissan Sunny XL

The Japanese model comes in two versions, XL and XV, with the XL priced at 515 million VND and the XV at 515 million VND.The L version costs up to 565 million VND. The car uses a 1.5-liter I4 engine. The XL version comes with a 5-speed manual transmission, while the XV version has a 4-speed automatic transmission. The Sunny is assembled domestically.

In India, the Sunny is priced at around $11,800-$15,200.

Mitsubishi Attrage

The Attrage, like other Mitsubishi models, is imported from Thailand. This version...The MT and MT STD versions are priced at 512 million and 481 million VND respectively. The engine is a 1.2-liter I3. The top-of-the-line Attrage CVT version is priced at 562 million VND.

In Thailand, the Attrage is priced between $12,700 and $16,700.

Hyundai Avante 1.6 MT

The 1.6 MT is the lowest-priced version of the Avante sold in Vietnam. The Avante and Elantra share the same dimensions and platform, but in Vietnam, Hyundai positions the Avante in a lower segment, competing with the Toyota Vios, while the Elantra competes with the Altis.

The Avante 1.6MT is priced at 532 million VND. In the US, Elantra versions are priced between $17,000 and $22,000.

Kia Rio sedan

The cheapest Kia Rio sedan 1.4MT is priced at 502 million VND, while the AT sedan is 565 million VND and the Rio hatchback is 615 million VND. In the US, the Rio is priced between $14,200 and $20,900.

3. Used cars

If customers are not satisfied with the new car models in the 500 million VND price range mentioned above, they can look for used cars at the same price. For B-segment cars priced at 600 million VND or more, customers can own a used car that is about 2-3 years old for 500 million VND, or for C-segment cars that are 3-4 years old, but mostly Korean cars.

With used cars, the initial purchase price is low, but the running costs can be higher because the longer a car is used, the greater the risk of breakdowns. In addition, first-time car owners, lacking experience, may incur additional costs when the car encounters problems during use.

According to VNE