The pre-owned car market in Vietnam is a significant consideration for consumers, alongside the ever-changing new car landscape.
According to surveys from online car trading platforms, the following are the five most sought-after used car models in the country, renowned for their enduring value, resilience, and reliability.
Toyota Vios
It’s no surprise that the Toyota Vios remains at the top of the list. This B-segment sedan from Toyota has long been known as the “people’s car” in Vietnam due to its high durability, ease of repair, low operating costs, and exceptional resale value, even after years of use. It is also a favorite among ride-sharing drivers.
In the used car market, the 2018-2022 Toyota Vios models are priced between 275 and 395 million VND, depending on the vehicle’s condition.
Toyota Innova
With its spacious interior and proven durability over time, the Toyota Innova remains the top choice for families and passenger transport businesses. Its ability to hold its value, ease of repair, and suitability for Vietnamese road conditions keep this MPV among the best-selling used cars.
On the used car market, the 2019-2022 Toyota Innova models are priced between 440 and 600 million VND, depending on the vehicle’s condition.
Kia Morning
Despite a new car sales figure of only 771 units in 2024, the Kia Morning is a highly sought-after used hatchback in the A-segment. Its popularity stems from its affordable price, fuel efficiency, easily replaceable parts, and suitability for urban commuting. Many buyers consider the Morning a reliable choice, especially the automatic transmission versions of higher trim levels. In a cost-conscious market, the Kia Morning is a trusted economical option.
The Kia Morning models from 2018 to 2022 are currently priced between 299 and 345 million VND, depending on the vehicle’s condition.
Ford Ranger
In the pickup truck segment, the Ford Ranger holds significant influence, and it is also a popular choice in the used car market. Statistics from 2024 show that the Ranger sold an impressive 17,508 units, capturing over 75% of its segment’s market share.
Hyundai Grand i10
The Hyundai i10 is a prominent representative of affordable cars from the Korean brand. It is a prevalent model in Vietnam and a preferred choice for buyers seeking inexpensive used cars.
The Hyundai i10 offers not just an attractive price point but also several advantages, including a compact design, agile city maneuvering, stable engine performance, and pleasing exterior styling. Used Hyundai i10 models from 2018 to 2023 are currently priced between 235 and 385 million VND, depending on the vehicle’s condition.
May 2025 Pickup Truck Sales: Ford Ranger Continues to Slide
Despite a dip in sales, the Ford Ranger continues to dominate the pickup truck segment, outperforming its rivals and maintaining its lead.
What Car Should You Buy for 400 Million VND?
In the price range of around VND 400 million, Vietnamese car buyers have a limited selection, primarily consisting of small cars, urban electric vehicles, and a handful of pre-owned options.
Affordable Sedans: Falling Out of Favor with Buyers
The automotive landscape is ever-evolving, and the once-popular Hyundai Accent, Honda City, and Toyota Vios are no longer the dominant forces in the market.
What’s Happening with the Kia Morning?
The Kia Morning, alongside other affordable A-segment cars, is struggling to maintain its foothold in the Vietnamese automotive market. This is due to the intense competition from adjacent segments and the rising tide of electrification.
A ‘Rosy’ Month for Pickup Trucks
The pickup truck segment witnessed a boost in sales across all brands. While some models sold twice as much as the previous month, the Ford Ranger remains the undisputed leader.
