Many VinFast car owners are forced to reduce prices when they want to sell their vehicles

The original article was published in Thanh Nien and Viet Times. Then both removed the post.

Quote from Thoibao.de: On May 4, Thanh Nien newspaper published an article titled “Many VinFast car owners are forced to reduce prices when they want to sell their vehicles and the Viet Times republished this article, but later on the same day, it is unclear why Thanh Nien removed the article first, then Viet Times also followed. Thoibao.de republished this entire article with pictures.

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Many VinFast car owners are forced to reduce prices when they want to sell their vehicles

11:15 – May 4, 2020 Thanh Nien Online

Gia Linh

From VinFast Fadil, Lux SA2.0, or Lux A2.0, customers were strongly pressed to reduce the prices of their vehicles when they want to sell their cars after a period of use.

Many VinFast car owners are forced to reduce the prices of their vehicles

Nhiều chủ xe VinFast bị ép giá khi muốn bán xe
VinFast Lux SA2.0 which is used for less than 1 year, is cheaper than the original price by VND300 million- VND500 million ($12,760-$21,280) depending on the version.

Recently, the price of a 2019 VinFast Lux SA2.0, the standard version, is offered at VND1.2 billion, about VND300 million cheaper than the price of new cars from the same brand. Thus, the owner of this car has lost about VND400 million after only a few months of use.

The price of this old car is considered by many to be reasonable. However, the sale of this car does not be easy, because the number of customers interested in buying used cars of VinFast is not much, even many customers continue to demand the owner to reduce further.

Many VinFast car owners are forced to reduce prices for their cars

Nhiều chủ xe VinFast bị ép giá khi muốn bán xe
Vinfast Fadil old car prices are not as high as prics of Hyundai Grand i10

Previously, there was also a customer using VinFast Fadil car that accepted a loss of more than VND100 million after only a few months of use when it wanted to sell the car, this is a quite large loss for cars priced below VND400 million, because the segment is subject to a lot of competition from popular models such as Hyundai Grand i10, Kia Morning or Honda Brio. As a new brand, used VinFast cars are often sold at cheaper prices than many other competitors if the owner wants to sell fast to recover capital.

The selling price of the old car of the VinFast Lux A2.0 sedan is “softer” than the SUV, ranging between VND1 billion and VND1.2 billion depending on the version. However, most VinFast cars for sale often take a long time to find buyers. Some cars are sold quickly if the owner accepts a lot of losses and sells cheaper than the market for used car dealers.

Many VinFast car owners are forced to reduce prices for their vehicles

Nhiều chủ xe VinFast bị ép giá khi muốn bán xe
As a new brand, of course VinFast cars often lose value than older brands when they want to resell

The fact that VinFast used cars are difficult to sell is not a surprise when Vietnamese car brands are quite new in the market, many people are afraid to buy used cars because the quality is not clear. Moreover, VinFast cars use the BMW engine and chassis technology, so many people are still worried about the high operation and maintenance costs of German cars. Therefore, customers tend to choose safer solutions from famous brands, because cars are still a big asset for many Vietnamese families nonetheless./.

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The link to the article which has been removed:

https://thanhnien.vn/xe/thi-truong-xe/nhieu-chu-xe-vinfast-bi-ep-gia-khi-muon-ban-xe-22964.html

https://viettimes.vn/nhieu-chu-xe-vinfast-bi-ep-gia-khi-muon-ban-xe-388752.html

Kasse animation 7.8.2023