The VF 3's record pre-orders are credited by its special introductory price of only 235 million VND (approximately USD 9,248, battery subscription) and 315 million VND (approximately USD 12,390, battery included) for customers who placed deposits from May 13 to May 15. This is an ideal price point that makes it feasible for more consumers to own a vehicle and improve their quality of life at a reasonable cost, the company said in a media release.
For a down payment, customers only need between VND 50 million and VND70 million VND (approximately USD 1,965 and USD 2,750). The remaining balance can be financed through installments with a total monthly payment of over VND 2 million VND (approximately USD 78.5) over 8 years. Notably, paying for the VF 3 in full upfront costs only half the price of the cheapest gasoline car model currently available in the Vietnamese market, the release said.
In addition to its attractive price, the record- number of pre-orders can also be attributed to the first time sales through e-commerce platforms such as Shopee, VinID. Orders could be placed through 9 live stream sessions conducted by 15 influencers. Over 50% of its total orders was placed online, , the release said.
Duong Thi Thu Trang, CEO, VinFast Vietnam, said, "The 27,649 pre-orders received within 66 hours is a testament to the strong support and trust of the Vietnamese people for VinFast. We are extremely grateful for our customers’ endorsement for the VF 3 and our brand, and we will strive to continue to earn their support as we grow into a world-class Vietnamese automaker”.
Similar to other VinFast electric vehicles, the VF 3 comes with the best warranty policy in the Vietnamese market, with a 7-year or 160,000 km warranty for the vehicle (whichever comes first) and an 8-year unlimited mileage warranty for the battery.
The first VF 3 cars are expected to be delivered to customers starting in August 2024, with at least 20,000 vehicles expected to be delivered this year.
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