Faced with declining purchasing power, the Vietnamese automobile market is experiencing a "storm" of price reductions, from assembled cars to imported ones. Up to now, not only popular cars but also luxury car brands such as BMW , Mercedes-Benz... are no exception, even with unprecedentedly deep price reductions.

Most recently, Mercedes-Benz Vietnam attracted attention when it launched a two-month incentive program in August and September. Accordingly, this luxury car company applied a discount of up to 4.55% of the listed price, equivalent to about 50% of the VAT value for customers who buy cars and pay 100%.

Specifically, the model with the biggest discount is the Mercedes-AMG G 63, with a current listed price of 11.75 billion VND, the discount will be up to 534.6 million VND. The next two models with the biggest discounts are the Maybach S 450, reduced by up to 373 million VND, and the GLS 480, reduced by 394 million VND.

Mercedes-Benz reduces prices of cars in Vietnam.

The E-Class also has attractive incentives ranging from 98 million to 146 million VND. The discounted price of the standard E 180 version is currently 2.054 billion VND and 3.06 billion VND for the highest-end E 300 AMG version. However, compared to its rival BMW Series 5, which is priced from over 1.8 billion to 2.7 billion VND, the price of the E-Class is still somewhat higher.

The 2023 C-Class model currently has 3 versions: C 200 Avantgarde, C 200 Avantgarde Plus and C 300 AMG, the discounts applied are 77.7 million, 87 million and 100 million VND respectively.

Also on this occasion, Mercedes-Benz Vietnam also adjusted the price of the two electric car models EQS 450 and EQS 580 by 220 million and 271 million VND respectively.

Mercedes-Benz's rival car company BMW has recently also continuously had dramatic price reduction programs for some key car models such as BMW Series 5, BMW X7 or BMW Series 7,...

In particular, the BMW X7 has the most "shocking" reduction from 330 million VND to 1 billion VND depending on the version and year of manufacture. Specifically, the BMW X7 xDrive40i M Sport version with VIN 2022 has a reduction of up to 660 million VND, bringing the car price down to 5.639 billion VND. The car manufactured in 2023 only has a reduction of 330 million VND, down to 6.299 billion VND. For the BMW X7 xDrive40i M Sport LCI (without rear-wheel steering system), it is even reduced by up to 730 million VND for the car with VIN 2022 and 420 million VND for the car with VIN 2023.

BMW X7 is on sale like never before.

BMW X7 xDrive40i Pure Excellence LCI version is reduced by 400 million VND (VIN 2023) and 760 million VND (VIN 2022). If customers buy BMW X7 xDrive40i Pure Excellence LCI without rear-wheel steering and Executive Pro suspension, the amount to be paid is only 6.399 billion VND (VIN 2022) or 6.739 billion VND (VIN 2023), equivalent to a reduction of 1 billion VND and 660 million VND, respectively.

The BMW 5 Series also saw a sharp price drop from 270-440 million VND, attracting attention. Of which, the BMW 520i VIN 2022 dropped from 270-280 million VND, down to around 1.859-1.869 billion VND. The car manufactured in 2023 dropped by only 80 million, bringing the price down to 2.059 billion VND.

The BMW 520i M Sport version is offered at a new price of only 2.199 - 2.255 billion VND (VIN 2022), equivalent to a reduction of 384 - 440 million VND and the new car VIN 2023 is reduced by 200 million to 2.439 billion VND. Finally, the BMW 530i M Sport is currently priced from 2.769 - 2.909 billion, 320 - 460 million VND compared to the original listed price.

Vietnamnet.vn