**Suzuki Vietnam Offers Incentives on Select Models**
In May 2024, Suzuki Vietnam continues to offer incentives to maintain the appeal of its vehicles. Several passenger car models, including the Ertiga Hybrid, XL7, Swift, and Ciaz, are eligible for promotions. However, the Suzuki Jimny, which debuted in April 2024, is not included in the offers.
Specifically, the Suzuki Ertiga Hybrid receives a 100% reduction in registration fee, 0% interest for six months, and a fuel voucher worth 10 million VND for the AT variant. The MT variant receives a 100% reduction in registration fee, 0% interest for 12 months, and a fuel voucher worth 5 million VND.
The incentives for both the AT and MT variants total 89 million VND. As a result, the Suzuki Ertiga Hybrid has a discounted price starting from only 449 million VND, comparable to high-end variants of subcompact cars such as the Hyundai Grand i10 and Kia Morning in Vietnam. For customers purchasing the vehicle with financing, the initial down payment starts from 89 million VND.
The incentives for the Suzuki XL7 are significantly lower, reaching only 30 million VND. This model receives a 50% reduction in registration fee during May 2024.
Similar to the XL7, the Suzuki Swift and Ciaz also benefit from a 50% reduction in registration fee. Additionally, the Suzuki Ciaz receives a 0% interest rate for six months. The incentive value for the Suzuki Swift this month is 30 million VND, while the corresponding figure for the Ciaz is 45 million VND.
Model | Incentives | Equivalent Value (VND) |
Suzuki Ertiga Hybrid MT |
– 100% reduction in registration fee – 0% interest for 12 months – Fuel voucher worth 5 million VND |
89,000,000 |
Suzuki Ertiga Hybrid AT |
– 100% reduction in registration fee – 0% interest for 6 months – Fuel voucher worth 10 million VND |
89,000,000 |
Suzuki XL7 | – 50% reduction in registration fee | 30,000,000 |
Suzuki Swift | – 50% reduction in registration fee | 30,000,000 |
Suzuki Ciaz |
– 50% reduction in registration fee – 0% interest for 6 months |
45,000,000 |
Note: The interest rate mentioned above is based on 8.99% per year for passenger cars. Customers who purchase 1 vehicle are eligible for 1 gift item. All gifts can be converted to cash. |
Details of the promotional programs for Suzuki vehicles in May 2024
Currently, the XL7 is Suzuki’s best-selling model in Vietnam. In March 2024, Suzuki sold 677 XL7 units to Vietnamese customers, representing a growth of 209.1%. In the first three months of this year, the vehicle achieved sales of 1,346 units. Both in March 2024 and in the first three months of the year, Suzuki XL7 was the second best-selling model in the MPV segment, behind only the Mitsubishi Xpander.
The ongoing incentive programs have also positively impacted sales of the Suzuki Ertiga Hybrid. This MPV sold 167 units in March 2024 (a growth of 339.4%) and 632 units in the first three months of this year. With these sales figures, the Suzuki Ertiga Hybrid also became the best-selling hybrid vehicle in Vietnam in March 2024.
The new incentive program in May 2024 is expected to maintain the strong performance of both the Suzuki Ertiga Hybrid and XL7.