Honda CR-V Continues to Receive Incentives in May 2024
For the past few months, the Honda CR-V has consistently received generous incentives from the manufacturer. May 2024 is no exception.
According to Honda Vietnam, this month, the CR-V will offer incentives on the G and L 2WD variants. Meanwhile, the two higher-end variants, L AWD and e:HEV RS, will not receive any promotions.
Specifically, the Honda CR-V G will receive 100% support for registration fees and an additional 30 million VND in cash. For the L 2WD variant, the manufacturer is offering 100% support for registration fees and a 1-year insurance policy for the vehicle’s body. This registration fee incentive is calculated at a rate of 10%. Therefore, the incentive program for the Honda CR-V G and L 2WD variants remains the same as in the previous month.
The Honda CR-V is currently priced at 1,109 billion VND for the G variant and 1,159 billion VND for the L 2WD variant. With the 100% registration fee incentive, customers purchasing the Honda CR-V G variant will save 111 million VND. The corresponding figure for the L 2WD variant is 116 million VND. Adding the 30 million VND in cash, the total incentive for the Honda CR-V G variant will be 141 million VND.
Honda Vietnam’s incentive program will be applied to customers who sign a vehicle purchase contract and complete the 100% payment procedure from May 6th to May 31st, 2024. In fact, this is a promotional program for CR-Vs manufactured in 2023 (VIN number 2023) to clear Honda’s inventory. Compared to vehicles manufactured in 2024, Honda CR-Vs with VIN number 2023 have no differences in terms of equipment, design, or engine but will experience a greater depreciation when resold.
| Version | Manufacturer’s suggested retail price (VND) | Incentives | Conditions |
| Honda CR-V G (VIN 2023) | 1,109,000,000 |
– 100% registration fee – 30 million VND cash support |
– Customers who sign a vehicle purchase contract and complete the 100% payment procedure from May 6th to May 31st, 2024. – Registration fee incentives are applied at a rate of 10%. |
| Honda CR-V L 2WD (VIN 2023) | 1,159,000,000 |
– 100% registration fee – 1-year insurance policy for the vehicle’s body |
Incentive program for the Honda CR-V in May 2024
Due to these manufacturer incentives, the Honda CR-V, despite its high price point in its segment, has maintained impressive sales figures. In March 2024, Honda sold 649 CR-Vs to Vietnamese customers, ranking second in the C-SUV segment, behind only the Mazda CX-5. For the first three months of this year, Honda’s model achieved sales of 1,080 vehicles, ranking behind only the Mazda CX-5 (2,319 vehicles) and Ford Territory (1,212 vehicles).
Officially launched in the Vietnamese market in October 2023, the sixth-generation Honda CR-V has four variants with prices ranging from 1,109 – 1,31 billion VND. In return, the vehicle features a sportier exterior design, larger dimensions, and more comprehensive amenities and safety features.
The highlights of this model lie in its features such as the LED lighting system, 18-inch alloy wheels, 8-way power driver’s seat with 2-position memory, 4-way power front passenger seat, digital instrument panel, 9-inch central touchscreen, wireless Apple CarPlay/Android Auto support, 12-speaker Bose sound system, automatic air conditioning, interior ambient lighting, panoramic sunroof, wireless phone charging, HUD, remote engine start, smart key, and electronic parking brake. Standard Honda Sensing safety features are also included.
Under the hood of the Honda CR-V are two engine options. The G and L variants will use a 1
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