Imported cars on sale, save hundreds of millions of dong.

Despite not being eligible for the car registration fee exemption since the beginning of July, imported cars in the Vietnamese market are still being offered with attractive promotions worth hundreds of millions of Dong.

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The Toyota Wigo 2023 has just been launched and is being offered with a discount. Photo: Bối Hạ.

In early June, many car manufacturers and dealerships in Vietnam have actively implemented promotions to stimulate sales. Among them, imported car brands are also offering high-value discounts, some even up to hundreds of millions of Vietnamese dong.

Sedans and compact cars

In the current Vietnamese market, the Toyota Wigo 2023 is the only imported model in the A-segment. Despite just returning to Vietnam in early June, the Toyota Wigo is already being offered with cash incentive programs by many dealers.

Specifically, dealers have announced a discount of 10 million Vietnamese dong for the Toyota Wigo in June. As it has just entered the Vietnamese market after a period of suspension, the discount offered for the Wigo 2023 is not as good as its competitors in the same segment.

In the B-segment sedan group, the Mitsubishi Attrage, Mazda2, Suzuki Ciaz, and Nissan Almera are fully imported models.

Currently, Mitsubishi Attrage, along with other models under the same brand, is offered with 100% registration fee support, complimentary one-year body insurance, and special interest rates. With a list price of 380-490 million VND, customers purchasing a Mitsubishi Attrage sedan from Thailand will enjoy a registration fee discount equivalent to 38-49 million VND.

The Mitsubishi Attrage is being offered with 100% registration fee discount. Photo: Toàn Thiện.

In June, the discount for the Mazda2 ranges from 64 million to 90 million VND. Notably, the Sport 1.5 Luxury version of the Mazda2 is currently discounted by up to 62 million VND.

For the Suzuki Ciaz models manufactured in 2022, customers will receive a free one-year comprehensive insurance package and a 230-liter fuel voucher. For the Ciaz models produced in 2023, customers will still receive a gift package worth 9 million VND, including door handle protectors, rain visors, and car covers…

Although Nissan Almera is not competing well in the Vietnamese market, Nissan is also offering a discount of up to 70 million VND for the Almera in June. After the discount, the selling prices for the EL and VL versions of the Nissan Almera are 469 million VND and 525 million VND, respectively.

In a higher segment, the Toyota Corolla Altis, Honda Civic, and MG5 are the sedans currently being offered with discounts in the Vietnamese market in June.

Currently, the 2023 Honda Civic models are being offered with a 50% registration fee discount worth 27-35 million VND. For the Honda Civic RS version produced last year, some dealers are offering a promotional program worth 100 million VND to clear inventory.

The Honda Civic has not had good sales performance in the Vietnamese market. Photo: Toàn Thiện.

Meanwhile, the Toyota Corolla Altis is also discounted by 15-50 million VND depending on the version and production year. In addition, the MG5 – the most attractively priced C-segment sedan – is also offering a maximum 100% registration fee discount depending on the version and exterior color.

Significant promotions for SUVs

In June, the Suzuki Ertiga Hybrid AT models with 2022 VIN numbers are the highest discount models of the Suzuki brand in the Vietnamese market.

Despite being the slowest-selling MPV model, the Suzuki Ertiga Hybrid AT is being offered with a 50% registration fee discount and a 2-year comprehensive insurance package worth a total of 50 million VND. For the manual transmission models produced in 2022, the Ertiga Hybrid is also offered with a 50% registration fee discount.

Customers buying a Suzuki XL7 in June will also enjoy a 50% registration fee discount and a one-year comprehensive insurance package. The total value of the promotion for the best-selling Suzuki passenger car in Vietnam is 40 million VND.

The Suzuki XL7 is the best-selling passenger car model for Suzuki in the Vietnamese market. Photo: Vĩnh Phúc.

In the small MPV segment, the Mitsubishi Xpander is currently the best-selling model with sales of 5,528 units since the beginning of the year. However, the Japanese brand is still offering a 100% registration fee discount for Xpander models produced in 2022, along with a comprehensive insurance package and promotional interest rates. In addition, customers purchasing an Xpander in June will also receive a complimentary 360-degree camera worth 20 million VND.

Currently, only the manual transmission Mitsubishi Xpander is produced and assembled in Vietnam. The other versions of the best-selling MPV model in Vietnam are imported from Indonesia. The listed prices for the Mitsubishi Xpander range from 555 million VND to 698 million VND.

For the newcomer Hyundai Stargazer, many Hyundai dealerships are offering a 100% registration fee discount. Moreover, one dealership is selling the Hyundai Stargazer Premium version at a price below 580 million VND, which is approximately 100 million VND discount for the Indonesian imported MPV.

In the range of Mitsubishi passenger cars in the Vietnamese market, the Mitsubishi Pajero Sport is offered with the highest discount in June.

Similar to other models under the same brand, the discount for the Mitsubishi Pajero Sport with 2022 VIN numbers is currently 200 million VND, considered the most attractive offer in the Vietnamese auto market at present.

The Mitsubishi Pajero Sport is offered with a 200 million VND discount in June. Photo: Hoàng Tuấn.

For the Ford Everest, the general discount for this Thai-imported 7-seater SUV is 60-80 million VND. The 2022 Everest models are offered with a higher discount, approximately 100 million VND.

Also receiving significant discounts in June, customers choosing the Nissan Navara VL 4WD and PRO-4X versions will enjoy a 120 million VND incentive. After the discount, the selling price for the Nissan Navara is no higher than 850 million VND, starting from 619 million VND for the EL 2WD version.

In June, the Nissan Kicks is also offered with cash incentives of 80-90 million VND, bringing the selling price of this petrol-powered SUV to 709 million VND for the E version and 768 million VND for the V version.

With a 100% registration fee discount for the Teramont and Tiguan SUVs, the actual selling prices for these Volkswagen models start from 1,799 billion VND.

Specifically, the Volkswagen Teramont, with a listed price of 2,499 billion VND, is currently being sold at around 2 billion VND. The Volkswagen Tiguan is offered with a 200 million VND discount, bringing the post-discount price to 1,799 billion VND in June.

Subaru is currently offering a 200 million VND discount for the Forester in June, while Volvo is implementing a 50% registration fee discount, a one-year comprehensive insurance package, and a free maintenance package for 3 years.

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