As of September 2024, domestically produced and assembled car models have officially been granted a 50% registration fee support by the government. This has prompted car brands importing vehicles to step up their promotions to remain competitive. Volkswagen is a prime example of this.
On September 10, 2024, the German brand officially announced a new incentive program for its three imported SUV models: the Teramont, Teramont X, and Touareg. This program will be effective from now until September 30, 2024, at Volkswagen dealerships nationwide.
Specifically, the Volkswagen Teramont, originally priced at 2.499 billion VND, is now offered at a discounted price of 1.998 billion VND, a reduction of 501 million VND.
For the Volkswagen Teramont X, the brand is offering a 50% discount on the registration fee, amounting to approximately 100 million VND for the Luxury standard version and 108 million VND for the Platinum high-end version. Additionally, this model is now equipped with a new electrically adjustable running board, similar to the Volkswagen Teramont Limited Edition.
Lastly, the Volkswagen Touareg offers a 50% discount on the registration fee for both the Elegance and Luxury versions. The value of these discounts is 135 million and 155 million VND, respectively. On top of that, the car also comes with an additional year of physical insurance worth 35-40 million VND. In other words, the total discount for this model will range from 170 to 195 million VND, depending on the version chosen.
| Model | Version | Listed Price (VND) | Discount |
| Volkswagen Teramont | – | 2,499,000,000 | – Discount of 501 million VND |
| Volkswagen Teramont X | Luxury | 1,998,000,000 | – Support for 50% of the registration fee |
| Platinum | 2,168,000,000 | – Support for 50% of the registration fee | |
| Volkswagen Touareg | Elegance | 2,699,000,000 |
– Support for 50% of the registration fee – 1 year of physical insurance |
| Luxury | 3,099,000,000 |
– Support for 50% of the registration fee – 1 year of physical insurance |
Official incentive program for the three Volkswagen models in September 2024.
In mid-August 2024, the Volkswagen Touareg’s listed price was adjusted to 2.699 billion VND for the standard Elegance version and 3.099 billion VND for the Luxury version. Compared to the previous listed prices, the Volkswagen Touareg Elegance is now 300 million VND more affordable, while the Luxury version is 400 million VND less expensive.
Additionally, according to Decision No. 1707/QD-BTC of the Ministry of Finance on adjusting the new registration fee rates, customers purchasing the Volkswagen Touareg will save up to 59.25 million VND under the 10% fee schedule or 71.1 million VND under the 12% fee schedule.
The Volkswagen Touareg is developed based on the MLB platform and shares the same production line as luxury vehicles such as the Audi Q7, Audi Q8, and Porsche Cayenne. This platform is also used for models like the Bentley Bentayga and Lamborghini Urus.
This model is powered by a 3.0L V6 diesel engine, delivering a maximum output of 282 horsepower. The engine is paired with an 8-speed automatic transmission and 4Motion all-wheel drive.
Meanwhile, the Volkswagen Teramont is a large 7-seater SUV built on the MQB platform. It is equipped with a 2.0L 4-cylinder turbocharged gasoline engine that generates a maximum output of 220 horsepower and a maximum torque of 350 Nm. The engine is combined with an 8-speed automatic transmission and an all-wheel-drive system.
Volkswagen Teramont
The Volkswagen Teramont X, originally a coupe-style SUV version of the Teramont, is now imported from China. Under its shell lies the familiar MQB platform from Volkswagen. Not only is the Teramont X more affordable than the Teramont, but it also boasts a more stylish and modern design.
Volkswagen Teramont X
The “heart” of the Volkswagen Teramont X is a 2.0L TSI Turbo gasoline engine with 4 cylinders and a turbocharger, producing a maximum output of 220 horsepower and a maximum torque of 350 Nm. The engine is paired with a 7-speed dual-clutch automatic transmission and a 4Motion all-wheel-drive system, enabling the vehicle to reach a top speed of 200 km/h.
In addition to the three aforementioned SUV models, Volkswagen also offers other products in the Vietnamese market, including the T-Cross, Virtus, Viloran, Tiguan, and Passat.
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