Clearing inventory to welcome new goods, a series of cars with VIN 2022 have huge discounts
Many car models of brands such as Toyota, Hyundai, Nissan, Suzuki, Subaru manufactured in 2022 (VIN number 2022) are being heavily discounted by car manufacturers and dealers to clear inventory in preparation for new generation models and upgraded versions about to be launched in the Vietnamese market.
Specifically, many Toyota models with VIN 2022 are being discounted from 30-130 million VND and are applying the old selling price before the recent adjustment in early 2023. Specifically, the 2 Fortuner versions using gasoline engines are reduced from 15-90 million VND. The Fortuner Legender 2.4L 4x2 AT and Legender 2.8L 4x4 AT models have the highest reductions of 120 and 130 million VND, respectively.
The Toyota Camry sedan has been discounted by around VND15-90 million depending on the version. Meanwhile, the company's best-selling crossover, the Toyota Corolla Cross, has also been discounted by VND45-60 million, with the highest discount being on the 1.8HV version.
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| The hybrid version of Toyota's top-selling crossover is getting a price cut. Photo: Toyota |
Incentives for cars manufactured in 2022 are also applied to some other Toyota product lines such as Yaris (reduced by 30 million VND), Veloz Cross (from 45-50 million VND) or Innova (from 30-40 million VND).
At some dealerships, the high-end diesel version of the 2022 Hyundai SantaFe is being discounted by VND120-150 million. This discount program has been implemented by many dealerships since the beginning of 2023. Meanwhile, the maximum cash discount at the dealership for the 2022 Hyundai Tucson crossover is recorded at around VND65 million. Vehicles with VIN 2023 are also discounted by around VND15-45 million.
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| Dealers are discounting the 2023 Hyundai SantaFe to boost sales. Photo: TC Motor |
Also this April, Suzuki reduced prices for all 2022 passenger car models, including XL7, Hybrid Ertiga, Swift and Ciaz. The company's highest promotion applies to the Hybrid Ertiga AT version, including 1 year of physical insurance and 50% of registration fee, totaling 40 million VND.
The Hybrid Ertiga MT version is supported with 50% of the registration fee worth 26 million VND. Passenger car models are given many gifts by the company that can be converted into cash.
At many dealerships, Nissan Kicks models manufactured in 2022 are currently running a 100% registration fee incentive program, equivalent to a cash discount of about 80 million to nearly 100 million VND, along with accessory gifts.
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| Nissan Kicks with VIN 2023 is also on promotion but the discount is lower, around 30-40 million VND. Photo: Nissan |
In addition, the Nissan Kicks model also receives incentives from the company in April, including a 5-year free maintenance package, a fuel gift package of up to 50,000km and a 5-year or 100,000km warranty package. This promotion can be converted into cash.
Not out of the race, Subaru is currently applying a 50% registration fee incentive for 2022 production vehicles of the new Forester model. Some versions of this car line will have additional accessory gifts. This incentive helps the Subaru Forester versions iL, iL EyeSight and iS EyeSight reduce by 48.45 million, 54.95 million and 59.95 million VND respectively.
The Forester iL EyeSight version also comes with an additional gift of an upgraded equipment set including automatic folding mirrors and an electric trunk, but it cannot be converted into cash.
