Mazda Imported Car Prices Soar: CX-3 Breaks Record for Lowest Price Ever, Mazda2 Remains the Most Affordable in Its Segment

While other automakers follow the herd mentality of price slashing, Mazda marches to the beat of its own drum, raising prices for select models.

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In May 2024, Mazda Vietnam once again adjusted prices for its Mazda2, CX-3, CX-30 models, with increases ranging from VND 5 to 10 million for each model and variant.

The new prices have been announced by dealers and updated on Mazda Vietnam’s website.

The price increases come as no surprise, as most of the Mazda models affected are imported, and the exchange rate has been fluctuating significantly. To purchase 1 USD at Vietcombank, customers now have to pay VND 25,458, an increase of over VND 1,000 or 4.2% compared to the beginning of the year. This has put immense pressure on businesses that import products or raw materials for their production processes.

The distributor has not yet disclosed any specific reasons for the price increases.

Mazda2

The Mazda2 received a price reduction in December 2023, followed by a price increase in January 2024, and now it is once again included in the price adjustment.

In the latest price adjustment, the Mazda2 received price increases ranging from VND 5 to 10 million, depending on the variant. This has increased the starting price of the model to VND 430 million.

Model/Variant May 2024 Price Previous Price Increase

Mazda2 1.5L AT

430 million 420 million 10 million

Mazda2 1.5L Luxury

509 million 504 million

5 million

Mazda2 1.5L Premium

534 million 524 million

10 million

Mazda2 Sport 1.5L Luxury

527 million 517 million

10 million

Mazda2 Sport 1.5L Premium

572 million 562 million

10 million

This is the third price adjustment for the Mazda2 facelift model in Vietnam. The new model was not launched with much fanfare, and the changes compared to the previous model were not significant. The main differences include new front and rear bumpers, new wheels, and LED headlights as standard. The other features remain largely the same.

  • See more

    More information about the new generation Mazda2: New chassis, hybrid engine likely

Mazda3

Despite being locally assembled, the Mazda3 is also included in the list of price adjustments.

For the Mazda3, only the 1.5L Luxury variant has had its price adjusted. The price of this variant has increased by VND 5 million, from VND 619 million to VND 624 million. This is also the only assembled model included in the price adjustment.

Model/Variant May 2024 Price Previous Price Increase
Mazda3 1.5L Deluxe 579 million

579 million

–
Mazda3 1.5L Luxury 624 million

619 million

5 million
Mazda3 1.5L Premium 729 million

729 million

–
Mazda3 1.5 Signature 739 million

739 million

–
Mazda3 Sport 1.5L Luxury 639 million

639 million

–
Mazda3 1.5L Premium 679 million

679 million

–

As the Mazda3 price increase is relatively small, it is unlikely to cause significant disruptions to the C-segment market in the coming months. As of the end of Q1 2024, the Mazda3 is the best-selling model