Vinfast VF 8 can be leased for $249 per month for 36 months

VinFast is enduring the same slowing demand and resulting "economic headwinds" as almost every other battery-electric-vehicle maker. Yet, despite the automaker's first offering here, the VF 8, being generally (and kindly) considered not very good, the company still delivered almost 35,000 units in 2023. To entice additional demand while demonstrating its commitment to aggressive pricing, VinFast just rolled out what Cars Direct calls "The Cheapest Deal in America." You — yes, you! — can lease a VF 8 for as little as $249 per month for 36 months and 10,000 miles a year. That gets the entry-level VF 8 Eco that starts at $47,200 after destination and can do an estimated 264 miles on a charge.

On the automaker's retail site, the small print limits participants to those who live in California and explains there's a $944 payment due at signing. Assuming you get past the first hurdle, the lease rate after that $944 but before lease taxes, sales taxes, and dealer fees comes to $275.22 per month, a total of $9,908 dollars over that three years. Before the promotion, VF 8 lease prices were $399 per month after a down payment of $4,594, which works out to about $527 per month. Cars Direct said that the new rate beats more than 500 other lease deals offered by various automakers.

The automaker's able to do this because it's essentially pouring money onto hoods, said moneys being a $7,500 tax incentive for the lease and $15,349 in lease cash, totaling $22,849 in discounts. We think the word for that is, "Cha-ching." Assuming you're ok with a VF 8.