Continuing the success of the “Trade-in Gasoline Motorbikes – Get New Electric Motorbikes” program launched in late March 2024, the “Trade-in – Get New Electric Cars” program implemented in collaboration between VinFast and Cho Tot will provide customers an opportunity to conveniently switch from gasoline-powered cars of all brands to VinFast electric vehicles with optimal benefits. VinFast electric car owners who wish to upgrade to higher-end models will also have a reliable address to sell their used cars at the best guaranteed price in the market.
Specifically, owners of VinFast gasoline and electric car lines will be guaranteed a buyback by Cho Tot at a residual value based on a fixed annual depreciation rate, up to 88% of the current listed selling price. For customers who own gasoline-powered cars from other brands, Cho Tot also commits to purchasing at a transparent price compared to the market, providing services at the customer’s location or directly at VinFast’s designated showrooms, enabling customers to conveniently and quickly sell their old gasoline cars and switch to new VinFast electric vehicles.
In particular, when purchasing a new VinFast electric vehicle, customers who sell their used cars to Cho Tot will enjoy additional preferential interest rate policies of “3 most” that VinFast is implementing in the “Indomitable Vietnamese Spirit 2” program, specifically: the longest loan term – up to 8 years; largest loan value – up to 80% of the car price; and most attractive loan interest rate. The monthly payment amount that customers must pay to the bank is calculated according to a fixed annuity method, not subject to market fluctuations, helping customers take the initiative in personal financial planning. Notably, if customers do not take out a loan and choose to pay in full, they will receive an immediate 4% discount on the car price.
The “Trade-in – Get New Electric Car” program is officially implemented by VinFast and Cho Tot from April 22, 2024, at VinFast showrooms and distributors nationwide.
Trang Nguyen (Forum.autodaily.vn)
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