Introducing the VinFast VF 5: A Stylish, City-Friendly EV
Combining quality, style, and exceptional after-sales service, the compact VF 5 electric vehicle (EV) is designed to meet the needs of first-time buyers and environmentally conscious individuals. With its city-friendly size and advanced features, the VF 5 is paving the way for a greener future in urban mobility.
The First VinFast Model in the Philippines
As the debut model from VinFast in the Philippines, the VF 5 showcases the brand’s strategic approach to global expansion. By launching an affordable model paired with a compelling promotion in a new market, VinFast is not only encouraging customers to experience the brand but also rewarding early adopters. This approach is designed to generate positive word-of-mouth, drawing more consumers to VinFast once they experience the value firsthand.
Unpacking the Discounts
Reserve a VF 5 between August 14 and September 30, 2024, with a refundable PHP 5,000 reservation fee, and unlock a range of discounts and perks—including a chance to receive an additional special discount.
The savings are significant, with potential discounts varying based on your chosen purchasing path. These include a direct discount of PHP 50,000, freebies valued at over PHP 50,000 (including a wall-mounted charger and installation), and additional support ranging from PHP 69,000 to 99,000, depending on your payment method and whether you opt for the battery subscription. As a bonus, 100 lucky customers who reserve and purchase without the battery subscription could win an additional PHP 95,000 special discount.
To simplify the decision-making process, VinFast has outlined four unique discount combinations for purchasing the VF 5:
1. Without Battery Subscription & Financing: PHP 50,000 initial discount + PHP 48,000 downpayment discount, bringing the price to PHP 1,141,000.
2. Without Battery Subscription & Cash/Bank PO: PHP 50,000 initial discount + PHP 99,000 additional discount, reducing the price to PHP 1,042,000.
3. With Battery Subscription & Financing: PHP 50,000 initial discount + PHP 47,000 downpayment discount, lowering the price to PHP 942,000.
4. With Battery Subscription & Cash/Bank PO: PHP 50,000 initial discount + PHP 69,000 additional discount, making the VF 5 available for just PHP 873,000.
Among these options, the most substantial savings — a total of PHP 149,000 — are available to cutomers who purchase without the battery subscription and choose Cash/Bank PO as their payment method, bringing the VF 5’s price to an attractive PHP 1,042,000. Even with the battery subscription, significant discounts make the VF 5 accessible at PHP 873,000.
Accessible Pricing for a Wider Audience
This strategic pricing positions the VF 5 as an affordable option for a broader segment of the Filipino population. For example, the lowest price option, PHP 873,000, is approximately 2.5 times the average annual household income in 2023, making it a feasible investment for many first-time car buyers and those seeking an eco-friendly alternative.
The VF 5’s pricing aligns with VinFast’s goal to attract young urban dwellers, who value both sustainability and affordability in their transportation choices. Whether you’re paying in cash, prefer financing, or are undecided about the battery subscription, there’s a discount path that suits your needs, making the VF 5 an even more compelling choice.
Who is the VF 5 for?
VinFast understands that for its target audience of young, urban dwellers, a car is more than just transportation — it’s a reflection of their personality and lifestyle. The VF 5 offers stylish design, customizable colors, and modern tech features like an 8-inch infotainment screen and smartphone app, ensuring it meets the demands of today’s tech-savvy consumers.
Additionally, VinFast’s commitment to exceptional after-sales service makes the VF 5 even more appealing. With a 7-year/160,000 km warranty on powertrains, a 7-year/unlimited mileage warranty on the battery (without battery subscription), and free maintenance and replacement if battery capacity drops below 70% (with battery subscription), the VF 5 offers long-term peace of mind.
VinFast’s promotion is not just about discounts; it’s about offering an affordable, flexible, and exciting opportunity for Filipino consumers to embrace electric vehicles. By making the VF 5 accessible to a broad range of customers, VinFast is positioning itself as a key player in the rapidly growing Philippine EV market.
For more information on this promotion and to reserve your VinFast VF 5, visit www.vinfastauto.ph or the nearest VinFast dealership today.
*Per DTI Fair Trade Permit No. FTEB-200449 Series of 2024.
About VinFast
VinFast is a proud member of Vingroup – the largest private conglomerate in Vietnam. Becoming the number 1 car seller in Vietnam within 21 months of its launch, VinFast is ready to make its mark on the international platform by launching smart EVs globally in 2022. Offering a seamless customer experience, design-centric features with superior craftsmanship, highest safety standards and an intelligent infotainment system for your
very own personalized lifestyle.
This press release has also been published on VRITIMES
