Ms. Van Thi Mai Hanh, owner of Auto Truong Phat in Ho Chi Minh City, shared that her dealership sold only 10 used cars per month last year. However, sales have doubled this year. “The supply of used cars this year is of better quality, and there are newer models available. Many owners faced pressure from bank loan repayments and were forced to sell their vehicles. As a result, buyers can easily find well-maintained cars that are only one or two years old,” said Ms. Hanh.
Many “gently used” cars are available at used car dealerships.
Ms. Nguyen Thi Hien, owner of the Oto Hien system in Ho Chi Minh City, noted that the continuous decrease in new car prices has significantly impacted used car prices. Many “gently used” models, some only a year or two old or even just a few months old, have seen substantial price reductions of 150-200 million VND. Therefore, if customers are knowledgeable and discerning, buying a used car can offer significant savings while still ensuring quality. “Customers nowadays tend to prefer newer models to ensure better condition. Higher vehicles are in higher demand due to their practicality, spaciousness, and ease of navigation during the rainy season,” said Ms. Hien.
In reality, seven-seater cars are more popular than four-seater ones. With just 500-600 million VND, consumers can own desirable cars like the Innova, Rush, CX-5, and CR-V. These prices are slightly lower than last year’s.
Used car dealers attribute the market’s vibrancy to consumers’ anticipation of a 50% reduction in registration fees for new domestically produced and assembled cars. However, as the policy implementation took too long, many opted to purchase used cars instead.
The Ultimate Driving Machine: Mitsubishi XForce Super Smooth for an Unbelievable Price
Introducing the Mitsubishi Xforce – a powerhouse of a vehicle that’s now available on the used car market, with only 5,000 km on the clock. This sleek and stylish machine is a force to be reckoned with, offering a unique blend of performance and precision. With its dynamic design and impressive specifications, the Xforce is a true testament to Mitsubishi’s engineering excellence. Step inside, and you’ll find a cabin that exudes quality and refinement, with a host of innovative features that elevate the driving experience. Don’t miss your chance to get behind the wheel of this exceptional automobile.
Should You Buy a New or Used Car with VND 500 Million?
For those with a budget of around 500 million VND, it can be a tricky decision whether to go for a brand-new or a pre-owned vehicle.
Mercedes-Benz S-Class for sale at 415 million, equivalent to a brand new Morning, seller admits it’s expensive, claims to have replaced many important parts, full maintenance history.
With almost 20 years of age, the Mercedes-Benz S 350 in this article is priced similarly to a Class A car at the present moment, but it offers many conveniences that even the latest million-dollar cars may not have.
Powerful VinID Gift Card – The Perfect Gift Solution for Businesses
VinID Gift Card is not just an ordinary gift card, it’s an experience of “buying the whole world” for consumers. With this gift card, businesses can save costs while increasing their connection with partners and employees.
Investing in Bank-Owned Real Estate: A Golden Opportunity during Tet Holiday
Recently, many banks are advertising the sale of real estate properties to recover debt, with prices ranging from a few hundred million to hundreds of billions of Vietnamese dong. Is this really a good opportunity to invest in “cheap and valuable” real estate?
