Yahoo Autos VinFast slashes lease prices for first U.S. buyers, deliveries starting March 1
HANOI — Vietnamese electric vehicle maker VinFast has cut the lease price for its first model shipped to the United States by more than 50% for its first customers in California, with delivery starting this week, according to the company and emails to customers reviewed by Reuters.
VinFast, a subsidiary of conglomerate Vingroup JSC, had said in January its first VF8 all-electric crossovers would be available to lease at a monthly payment of $599 for 24 months.
Its website showed as of Monday a monthly lease price of $399 for the vehicle for a 24-month lease.
VinFast told people who had already paid a refundable deposit on the car that the payment would be $274 per month in California, the first U.S. state to receive the vehicles, according to messages to those potential buyers reviewed by Reuters.
That amounts to a discount of between 33% and 54% from the initially advertised monthly lease price.
"This is our special offer to VinFast customers for the VF 8 City Edition models in order to stay competitive with other brands," VinFast said in a statement.
