VinFast Slashes Lease Prices for its First U.S. Customers by Over 50 Percent

Despite the fact not a single VinFast electric vehicle has made it to customers’ hands in the U.S. yet, the Vietnamese automaker is already drastically cutting lease prices. Reuters reports that the first customers in California will see lease price cuts over 50 percent on vehicles that are set to be delivered on Wednesday, March 1.

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At the beginning of 2023, VinFast said that a 24-month lease for its all electric VF8 crossover would cost $599 per month, but now its website shows that a 24-month lease will set folks back $399 per month. The savings aren’t over yet.

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Vinfast has reportedly told people in California who have already paid a refundable deposit on the VF8 that their payments would now be $274 for 24 months. I know, I know — it sounds unfair.