![The recently launched car series has incentives in Vietnam: Some cars have discounts of up to 100 million VND 5 The recently launched car series has incentives in Vietnam: Some cars have discounts of up to 100 million VND 5](https://thanhhungtrans.com/wp-content/uploads/2024/05/thanhhungtrans.com-the-recently-launched-car-series-has-incentives-in-1.jpg)
The recently launched car series has incentives in Vietnam: Some cars have discounts of up to 100 million VND 5
(Dan Tri) – Newly launched car models with reduced prices are mainly imported and do not enjoy the 50% registration fee reduction like domestically assembled products.
In October, the Vietnamese auto market gradually transformed during the year-end shopping season.
However, due to the impact of the economic recession, the consumption of the whole market has not shown signs of boom, even though domestically assembled cars are reduced by 50% of registration fees according to the State’s policy.
Toyota Yaris Cross
First introduced to Vietnamese customers on September 19, Toyota Yaris Cross is positioned in the B-sized urban SUV segment, competing with Hyundai Creta or Kia Seltos.
The car has 2 versions, including gasoline and hybrid, with suggested retail prices of VND 730 million and VND 838 million, respectively.
With a 50% registration fee discount, the price of the Toyota Yaris Cross drops the most by 50 million VND in the hybrid version (Photo: TVN).
Faced with fierce competition when competitors in the same segment are offering great incentives, plus pressure from the Mazda CX-5 (Class C SUV priced from 749 million VND), many dealers are forced to `
Consulting a showroom in Hanoi, the sales consultant said that both versions of the Toyota Yaris Cross were reduced by 50 million VND, the actual price was reduced to 680 million VND and 788 million VND.
MG RX5
`Rookie` of the C-SUV segment, MG RX5 is receiving a lot of attention from Vietnamese customers after its `introduction` on September 23.
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Despite its good price, the MG RX5 is still controversial due to its origin from China (Photo: Nguyen Lam).
Due to not receiving 50% registration fee support like assembled models, MG RX5 was offered by dealers at a price of 699-799 million VND immediately after launch, equivalent to a reduction of 30-40 million VND.
The actual starting price has reached the preferential price of B-SUV models, but according to experts, the RX5 will still need time to convince users.
Honda BR-V, City and Toyota Vios
Although not new products launched in September, both Honda BR-V, City and Toyota Vios are car models that continuously receive promotions immediately after their introduction.
BR-V is a completely new product, located in the small MPV segment.
In October, to help dealers `cut losses`, Honda Vietnam donated 100% of the registration fee to customers who buy the standard G version of the BR-V, equivalent to a reduction of nearly 80 million VND if registered at
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Honda BR-V has the highlight of the Honda Sensing technology package but it is difficult to reach the majority of users because the selling price is almost the highest in the small MPV segment (661-705 million VND) (Photo: Nguyen Lam).
Honda City and Toyota Vios were both upgraded in July. Faced with competitive pressure from Hyundai Accent, both models immediately had incentives at dealers that gradually increased over time.
In October, Honda City will be supported by 50% of the registration fee, equivalent to a reduction of about 30 million VND.
To increase the appeal, many dealers offer genuine accessory packages to car buyers, worth from 50-70 million VND depending on the location.
![The recently launched car series has incentives in Vietnam: Some cars have discounts of up to 100 million VND 8 The recently launched car series has incentives in Vietnam: Some cars have discounts of up to 100 million VND](https://thanhhungtrans.com/wp-content/uploads/2024/05/thanhhungtrans.com-the-recently-launched-car-series-has-incentives-in-4.jpg)
In addition to incentives from manufacturers and dealers, Honda City also receives 50% support for registration fees thanks to domestic assembly (Photo: Nguyen Lam).
As for Toyota Vios, the car is supported by the manufacturer with 50% registration fee but the reduction does not exceed 24-30 million VND, depending on the version.
Among them, the G CVT version of the Vios received the biggest discount, a total of 50 million VND, bringing the actual selling price down to 542 million VND, on par with the highest listed price of the Hyundai Accent.
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Not a new generation like Honda City, Toyota Vios 2023 is just a mid-life upgrade (Photo: Nguyen Lam).