Massive Car Discounts in Vietnam: Old VIN Models Slashed to Record Lows — Some Now Cheaper Than Lower Segments
By the end of 2025, Vietnam’s car market has entered one of its biggest price-cutting waves in years. Dozens of 2023–2024 models are being cleared out by dealerships with discounts reaching hundreds of millions of dong — and some models even slashed by up to one billion VND. With brand-new cars now cheaper than ever, many consumers are also taking the opportunity to sell their used cars and upgrade to newer models at surprisingly low costs.
This article explores the list of cars with record-breaking discounts, the reasons behind this massive clearance, and how you can make the most of it — whether you’re looking to buy or sell your car smartly.
1. Why Are So Many Cars Being Discounted in Vietnam?
As 2025 draws to a close, Vietnam’s car market is witnessing one of the biggest price drops in years. Many dealerships are rushing to clear out older VIN models (2023–2024) to make room for 2025 inventory. Popular SUVs, sedans, and even luxury cars are being discounted by hundreds of millions of dong, with some dropping by up to one billion VND, making them even cheaper than cars from lower segments.
Key reasons behind this “clearance wave”:
Overstocked inventory from previous years.
Sluggish sales and rising competition.
Expired government incentives on registration fees.
Fierce rivalry between imported and locally assembled cars.
2. Top Cars Currently Offering Record Discounts
Mainstream models:
Mazda CX-5 (VIN 2024) – Discount up to 130 million VND, now priced from 759 million.
Toyota Vios and Corolla Altis – Discounts between 60–100 million VND.
Mitsubishi Xpander AT – Up to 70 million VND off, plus free insurance packages.
Luxury models:
BMW 3 Series and Mercedes-Benz GLC – Up to 700 million VND off.
Audi Q5 (2023) – Nearly 1 billion VND discount at some Hanoi dealerships.
Lexus RX 350 – Cheaper than the 2025 model by around 800 million VND.
These are mostly older VIN cars, but they remain brand new, fully warranted, and offer substantial savings for buyers.
3. Should You Buy a Discounted Car or Wait for a New Model?
If the discount exceeds 10% of the car’s value and there’s no imminent facelift, it’s a great time to buy. However, if a major model update is coming soon, consider waiting — you may get either a lower price or better technology.
Before making a decision, always:
Compare the final on-road prices across dealerships.
Check warranty terms for older VINs.
Use the Motorist Car Valuation tool to determine fair market value and resale potential.
4. Are Deep Discounts Really Worth It?
Not always. Some vehicles are heavily discounted because they are being phased out or replaced by a new version, which can reduce future resale value. However, if you prioritize durability, reliability, and affordability, a discounted VIN car can be a smart investment.
Buy only from authorized dealerships, confirm the VIN number, and ensure you get the official invoice and warranty documents — especially for showroom display or demo units.
5. Price Trends for 2025
Analysts predict that the discount trend will continue until after the 2026 Lunar New Year.Automakers are expected to keep cutting prices for 2024 models, particularly compact sedans and SUVs, before stabilizing mid-2026 when demand rises again.
6. Thinking of Selling Your Used Car to Upgrade?
If you’re considering taking advantage of these price cuts by selling your used car and upgrading to a newer model, here’s how to start:
Get a free car valuation to check your current car’s market price.
Sell your car with Motorist to receive the highest offer from hundreds of verified dealers.
Compare the gap between your sale price and the discounted car you plan to buy — this can help you time your trade-in perfectly.
Vietnam’s car market is entering one of its most competitive and buyer-friendly phases in years. With massive clearance sales and flexible financing options, this is an excellent opportunity to buy or sell your car wisely.
Before making any move, check your car’s real worth with the Motorist Car Valuation Tool or submit your car for sale at Motorist.vn to get top offers from trusted dealers across the country.
Frequently Asked Questions: Selling or Trading In Your Car
Q: When is the best time to sell a used car?
A: Ideally, within five years of use or before the warranty expires. Cars within this age range retain value better and are easier to sell — especially during discount seasons like now.
Q: How can I know my car’s true resale value?
A: Use Motorist’s free valuation tool. It analyzes real market data from over 600 verified dealers to provide an accurate, up-to-date price estimate.
Q: Does Motorist.vn charge a fee for selling my car?
A: Free valuation, with only a small fixed fee if your car is successfully sold through us. Motorist.vn connects you directly with trusted car dealers to get the highest offer within 24 hours.
Q: Can I sell a car that’s still under financing?
A: Yes. Motorist’s partner will help you settle the remaining loan and release the car title from the bank, ensuring a legal and secure transaction.
Q: Can I get my car valued even if I’m not ready to sell?
A: Absolutely. A quick valuation lets you monitor your car’s market value and decide the best time to sell later.
Read More: How to Sell Your Car Fast and Get the Best Price in 2025
