VinFast unveils massive incentives, golden opportunity for electric car owners

Best car financing policy on the market

VinFast is making the year-end car market more exciting by announcing a special financial support policy for all of its electric car models. Specifically, customers buying VinFast cars can be financed up to 70% of the car value with a fixed interest rate of 5% for the first 2 years. For the next 3 years, the fixed interest rate will not exceed 8%. If the actual interest rate is below 8%, customers will pay according to the actual interest rate. If the actual interest rate is above 8%, customers will only have to pay 8%, with the difference covered by VinFast.

This policy is applicable from now until February 29th, for customers who finance with the 4 major banks: Vietcombank, Vietinbank, BIDV, Techcombank.

Observers believe that VinFast’s financial solution helps customers overcome two major concerns when buying a car: high initial capital and high floating interest rates. For example, with only VND 140 million, customers can own a VinFast VF 5 with a total monthly cost of principal and interest at VND 6.34 million. This allows users to not only save the initial capital but also have a flexible monthly financial source, without depending on interest rate fluctuations.

Electric car interest rate calculation when applying preferential policies (fixed interest rate of 5% for the first two years, 8% for the next 3 years)

Especially, with VinFast’s new policy, customers have the flexibility to choose the preferential option. If they don’t finance, customers will be given 2 years of free battery rental and 2 years of free charging at VinFast charging stations (depending on the car model). The total value of the gifts customers receive is equivalent to VND 38.4-128.4 million.

If customers buy a car with the battery, the amount equivalent to 2 years of battery rental will be deducted from the car price for each car model.

Gifts customers receive when not using the interest rate preferential policy

By combining all of these great benefits, experts evaluate that it is difficult to find any other company on the market that offers as good policies as VinFast. These various incentives help users reduce financial burden and easily access smart electric car models.

Low operating and usage costs – the double advantage of electric cars

In addition to the financial solution that allows customers to easily own a car, VinFast’s electric car models also provide peace of mind with lower tire costs, lower energy costs, as well as lower maintenance costs compared to petrol cars in the same segment.

Specifically, electric cars enjoy a 100% exemption from the registration tax, making the actual total cost of ownership almost equivalent to the listed price. Meanwhile, petrol cars have to pay an additional 10-12% of the car value (depending on the province), increasing the total cost of ownership by tens to hundreds of millions of VND.

In addition, electric car users will also save a significant amount on energy costs compared to cars with internal combustion engines. According to calculations, if users drive 3,000 km/month, with VF 5, they only need to spend VND 1.2 million for charging (about VND 400/km) if they buy the battery or VND 2.8 million if they rent the battery. Meanwhile, petrol cars in the same segment would cost about VND 4.6 million (7 liters of petrol/100 km mixed driving).

Maintenance costs are also significantly cheaper for electric car owners. On average, every 5,000 km, petrol car owners have to spend about VND 1.5-2 million for maintenance. Meanwhile, the regular maintenance schedule for electric cars is extended to 12,000 km for the first maintenance session, and the cost is less than VND 1 million.

In addition, all VinFast car models have a warranty period of 7-10 years, double or triple that of petrol car models. VinFast also applies excellent after-sales policies to help users maximize their benefits, including 24/7 Rescue service, Mobile Service for repairs, Mobile Charging service available 24/7, special support policies for incidents caused by manufacturer’s errors, and a commitment to repurchase used cars after 5 years of use…

According to assessments, low usage costs, affordable car prices, and the best preferential policies on the market will contribute to VinFast’s sales growth and boost the car market during this Lunar New Year season.

TT (Tuoitrethudo)