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2022 Honda Accord. Photo by Thuong Thuong. |
According to Tri Thức – Znews, D-segment sedans are seeing price cuts from manufacturers to attract customers. The Honda Accord, Kia K5, Toyota Camry, and Mazda6 all have discounts ranging from tens to hundreds of millions of VND.
Honda Accord and Kia K5 Cash Incentives
On the Honda Vietnam website, the Honda Accord is one of the models with deep discounts from the Japanese automaker. Compared to the 50% registration fee discount that Honda previously offered, this cash incentive is worth tens of millions of VND more.
Specifically, customers who purchase a Honda Accord in April will receive a cash discount of 220 million VND. Thus, after the discount, the new price of this D-segment sedan ranges from 1,099 to 1,109 billion VND.
Contacting a Kia dealership in Ho Chi Minh City, a sales consultant also confirmed that the dealership is offering discounts on several models, including the Kia K5, to clear out inventory of 2023 VIN cars.
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Kia K5. Photo by Thaco Vietnam. |
After the discounts, the KIA K5 Luxury is reduced to 784 million VND, the Premium version costs 839 million VND, and the GT-Line version remains at the original price.
Contacting a Kia dealership in Hanoi, a salesperson there also mentioned that their inventory only has one 2023 VIN Kia K5 in white (Luxury version), hence the deep discount to clear stock. Early-bird customers who make a purchase and pay in full will receive a discount of 139 million VND, bringing the price of this large-sized sedan to 720 million VND. This price is lower than that of C-segment sedans like the Toyota Corolla Altis or Honda City.
“Not all dealerships have 2023 VIN K5s, so if customers don’t mind the car’s age, they should order soon to take advantage of this offer,” the salesperson revealed.
Toyota Camry and Mazda6 Deep Discounts
The king of the segment is also seeing price cuts from dealerships early in the year to stimulate buyer demand.
According to a survey by Tri Thức – Znews, several Toyota dealerships in Ho Chi Minh City are offering discounts of 40 to 50 million VND to customers who order a Camry. Specifically, a sales consultant at one dealership mentioned that they are offering a 50 million VND discount on the D-segment sedan for the month of April.
“The dealership is currently offering discounts on 2023 VIN Camrys in stock, up to 50 million VND depending on the version. The program will run until the dealership sells out of 2023 VIN cars, so customers who are interested should act fast to get a Camry at a lower price,” the salesperson added.
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Toyota Camry. Photo by Boi Ha. |
In addition to the cash discount offered by the dealership, customers who purchase a Toyota Camry and complete the payment in April will also receive a genuine accessory package and body insurance.
Mazda has also adjusted the listed price of the Mazda6 to compete with other models in the segment. According to Mazda Vietnam, the D-segment sedan is now discounted by up to 15 million VND, bringing the starting price of the Mazda6 to 700 million VND.
However, this program only applies to cars manufactured in 2023 and in limited quantities. Customers who purchase the new-generation Mazda6 at the listed price of 769 million VND will also receive discounts ranging from 5 to 10 million VND depending on the dealership, along with complimentary window tinting, floor mats, and fuel vouchers.
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