Price drop after Tet for motorcycles

Many motorcycle models, primarily scooters that are high in value, were quickly increased in price by 1 - 4 million VND per unit at stores just before the Lunar New Year. However, after the holiday season, these prices have significantly dropped.

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According to reporters, the prices of Honda’s SH 350i, 160i, and 125cc motorcycles have dropped by about 1 million VND per unit compared to before Tet. The price of the SH Mode has been reduced by 2 million VND per unit, now ranging from 59.6 to 67.9 million VND, depending on the version. The Vision model, which was once very expensive, has also been reduced by about 1 million VND per unit, now ranging from 30.7 to 36 million VND per unit.

The limited motorcycle consumption in the market is one of the reasons why many models quickly decrease in price shortly after they were increased