Profit from selling VinFast electric car piles

VF e34 is VinFast’s first electric car, announced by the Vietnamese car company at the end of March. The listed price of VF e34 is VND 690 million, excluding the cost of battery rental (17.5 million VND/year).

However, to encourage users to buy electric cars instead of petrol cars, VinFast has a promotion program to reduce the price of the car by 100 million VND (to 590 million VND) for those who successfully deposit from the time of announcement until the date of publication. the end of last June. In addition, customers also get a free battery subscription for the first year.

VinFast VF e34

Because the deadline for the discount of VND 100 million on June 30 has passed, users are no longer entitled to this policy and the car’s selling price has returned to its original price of VND 690 million. Therefore, many people have expressed their desire to buy back the deposit from others to enjoy the same incentives as before. The contract terms between VinFast and the customer do not prevent the customer from transferring the contract to another person.

“If there is demand, there will be supply” , currently, many users are selling their VF e34 piles with a certain difference in order to make a profit. In particular, a member of the VinFast VF e34 group also showed off a contract to deposit up to… 20 VF e34s and is selling a deposit for 10 million VND/person (not including the initial 10 million VND fee to pay the deposit fee). car deposit for VinFast).

VF e34 stakes are for sale

Depositing VF e34 is considered a “mission” where the user only benefits without taking any risks. According to VinFast’s regulations, if you deposit 10 million VND, users will enjoy a series of incentives on car prices and free battery subscription for the first year. But if the user changes his mind and does not want to buy a car, VinFast will fully refund the initial deposit. Therefore, it is not difficult to see some “speculators” depositing a large number of cars for sale if the market has a demand. In the event that the deposit cannot be sold, these speculators will not lose anything because they will be refunded by VinFast.

At the end of June, VinFast continued to launch another incentive program for VF e34 deposit customers. Specifically, buyers of VF e34 cars will be exempted from 100% of registration tax (equivalent to about 10-12% of the vehicle value, depending on the province). When combining both VinFast offers, users will be able to get a discount from 169 to 183 million VND compared to the listed price. However, to enjoy this offer, customers will have to deposit VND 50 million before July 15 (or an additional deposit of VND 40 million if a deposit of VND 10 million has been deposited before) and are not allowed to refund, cancel the deposit and not changed to another vehicle.

Obviously, VinFast’s registration tax incentive program is another measure of the Vietnamese car manufacturer to attract car deposit users. However, it is also a way for VinFast to “close orders” to produce orders that users will really need to own, not “virtual” orders for speculation. According to VinFast’s announcement, VF e34 will start reaching users from the end of October or the beginning of November this year.