They include on some of the most popular compact CUV models in the market.
The biggest discount is on the Forester, Subaru’s best-selling product in Vietnam, at VND220-280 million (US$9,066-11,539), which takes the car’s prices down to VND749-969 million.
Other big discounts include VND200 million on the Volkswagen Tiguan (VND1.799 billion) and VND234 million on the Haval H6 (VND862 million).
Kia Sportage, priced at VND859-1,029 million, comes with a discount of VND60-70 million, while Mitsubishi foots the registration fee of VND92-114 million on its Outlander.
With consumers less eager to buy cars, even the newly launched 2024 Honda CR-V is being sold at a big discount, though only locally assembled ones.
In Hanoi, its G and L versions get VND15-20 million off in addition VND10-15 million worth of accessories for free.
The Ford Territory, also with a 100% registration fee subsidy, is the most affordable car in the segment at only VND740-823 million.
These massive discounts come after two new cars in the segment, Mazda CX-5 and Hyundai Tucson, were launched in July and October, at record low prices.
Now they come with a VND3-5 million discount or free accessories.
As of October the CX-5 dominated the compact high-clearance segment with sales of 13,031. It was followed by the Honda CR-V at 4,210.