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Car models are “channeling” hundreds of millions of dollars in Vietnam

The Vietnamese car market in mid-March continued to record many rare car models and were sold by dealers for hundreds of millions of dong higher than the listed price.

The impact of the epidemic has made it impossible for firms to lack domestically produced components as well as the number of CBUs imported to Vietnam.

Taking advantage of this situation, many dealers are bad at selling.”beer with peanuts“‘ (buying a car plus accessories or extra money) makes consumers frustrated.

Ford Explorer 200 million VND difference

Chip shortages flared up again, forcing Ford to suspend production of some key models, including the Ford Explorer and Ranger, in major international markets.

Car models are 'channeling' hundreds of millions in Vietnam

Ford Explorer 200 million VND difference

This seriously affects the supply of cars to the Vietnamese market. The new Ford Explorer continues to be brought back to the country under the CBU import from the US.

At the time of launch, the price of Ford Explorer 2022 was listed at VND 2,366 billion for a single version option. Meanwhile, dealers offer Explorer at about 2.5 to 2.6 billion dong including the difference.

Hyundai Tucson is 100 million VND difference

After Tet, the new Hyundai car model, Tucson 2022, is sold by dealers with “beer with peanuts” from 50 to 80 million VND. But until now, in mid-March, there are many dealers offering this model with a price difference of up to hundreds of millions of dong. It is worth mentioning that despite the high price difference, the number of cars to the dealer is very small, customers still have to wait for 2-3 months to receive the car.

Car models are “channeling” hundreds of millions of dollars in Vietnam

Hyundai Tucson is 100 million VND difference

Even now, some customers are being paid a deposit by the dealer because they don’t have a car to deliver.

Tucson 2022 is currently distributed with 4 versions with prices ranging from 799 to 940 million.

Because of the rarity, the sales of this model in February also decreased significantly to only 287 vehicles sold, a deep decrease of 77% compared to January to 1,256 vehicles.

Hyundai Santafe difference 100 million VND

Another model of the Hyundai family that is being overpriced is the Hyundai Santafe 2022. Hyundai Santafe 2022, the 2.5 high-grade gasoline version and the 2.2 high-grade oil version, in addition to being officially announced to increase the selling price by 20 million VND, now the Agents also simultaneously sold another 50-100 million difference.

Car models are 'channeling' hundreds of millions in Vietnam

Hyundai Santafe difference 100 million VND

The car has 2 engine options, including a 2.5L Smartstream Theta III petrol engine and an improved new Smartstream D2.2 diesel engine, combining a 6-speed automatic transmission and 8-speed wet dual-clutch, and a 4-wheel drive option. pie.

Hyundai Santafe 2022 currently has a price ranging from VND 1.26 billion to VND 1.36 billion, not including the difference that customers have to pay more or less depending on the dealer.

Similar to Tucson, although the number of customers waiting in line to receive the car was quite large, because there were not enough goods to distribute, sales of this model also decreased deeply in February.

Specifically, last month, Santafe achieved 793 vehicles delivered to customers, down 27.4% compared to the previous month reaching 1,093 vehicles.

In addition to the two models mentioned above, Hyundai Accent is also being forced to buy 12-20 million more accessories.

Toyota Raize difference 20-30 million VND

Just launched not long ago, but Toyota Raize also encountered a rare situation. Customers who buy Toyota Raize have to spend an additional 20-30 million VND for accessories, although they still have to wait a long time to receive the car.

Car models are 'channeling' hundreds of millions in Vietnam

Toyota Raize difference 20-30 million VND

Toyota Raize is distributed in the Vietnamese market with a single version priced at 527 million VND.

Sales of this model in February reached 421 units, down 25% compared to the previous month, reaching 562 units.

In addition, Toyota Raize, two SUV models Land Cruiser and Prado from Toyota are also having a huge cash gap of 80-200 million VND.

Both Land Cruiser models are expensive but popular SUVs in Vietnam.

Y Nhuy

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