Illustrative image.
As of late February 2024, the B-segment urban SUV – Hyundai Creta is being offered with deep discounts by many dealerships in the Hanoi area.
Specifically, the standard Hyundai Creta is reduced by VND 51 million from VND 640 million to VND 589 million; the special version is reduced by VND 53 million, with the actual price being VND 637 million. The premium version recorded the most significant reduction of VND 59 million from VND 740 million to VND 681 million.
However, the discount levels at the dealerships are inconsistent. Apart from the highest discount of VND 60 million, some other dealerships choose to apply a reduction of approximately VND 40 million for all three versions, while another facility offers a gift package to customers buying the car.
Dealerships have said that the auto market is entering a downturn, so in order to attract customers in this uncertain context, manufacturers and dealerships are continuously offering large discount programs.
In the Vietnamese market, the Hyundai Creta is equipped with many outstanding features such as double-wing grille, hidden LED position lights, LED divided compartment headlights, LED taillights, 17-inch aluminum alloy wheels, 4-spoke leather-wrapped steering wheel, 10.25-inch touch screen entertainment system, etc.
Providing power for the car is the Smartstream 1.5 gasoline engine, which generates a maximum power of 115 horsepower at 6,300 rpm and a maximum torque of 144 Nm at 4,500 rpm. It is accompanied by a front-wheel drive system and an iVT gearbox.
At the end of January 2024, Hyundai’s total sales in Vietnam reached only 3,569 units, a decrease of up to 67% compared to the previous month. Out of the total sales, Hyundai Creta accounted for 413 units delivered to consumers, a decrease of 1,540 units compared to December 2023.
