They make mention of the battery range increasing via software update early next year, but I wonder by how much. The lease offer isn’t particularly aggressive, but I think it’s a better move than the ‘buy the car + lease the battery’ plan
They still want $5k + TTL
FOR INFORMATIONAL PURPOSES, I AM NOT BROKERING THIS
It seems VinFast has lowered the pricing on their VF8 model by $6500, CE Edition models still get an addtional $3000 discount. The website isn’t fully reflected yet though.
$399 p/mo
24 Months
10k miles per year
$5174 Due at Signing
-$4425 Cap Cost Reduction
-$350 Acquisition Fee
-$399 First Months Payment
MSRP: $50,200
Residual: $38,122 (75.94% 24/10)
Incentives: $3000 (City Edition Discount)
Money Factor (estimate): 0.00253
Calculator:
$513 p/mo
24 Months
10k miles per year
$5174 Due at Signing
-$4550 Cap Cost Reduction
-$350 Acquisition Fee
-$513 First Months Payment
MSRP: $57,200
Residual: $42,964 (75.112% 24/10)
Incentives: $3000 (City Edition Discount)
Money Factor (estimate): 0.00253
Calculator:
Key Changes:
- $6500 MSRP reduction
- Acquisition Fee reduction from $695 to $350
- Residual (%) increase of around 10% for both trims
- Money Factor increase from (estimated values) 0.00124 to 0.00253
It looks like Vinfast took a hink and lowered the price of their cars to “try to” compete with other EVs. Even at $50k starting, it’s a hard bargain. If VinFast were able to get figure out how to pass the $7500 commerical ev tax credit to their leases it would make this a $200 p/mo lease with the same DAS.
They increased the residual it seems so they might be passing on the 7500 via the increased residual.
don’t kill the messenger! More details are here… I think if you had already paid a deposit, they slashed prices even further to $274/mo.
But to get that monthly, they want a large down payment amount as cap cost reduction from the customer.
Effective monthly comes out $475/month.
I was at a local auto mall in Ventura, and saw several VinFast models parked in an interior showroom. The showroom did not appear to be open yet, since there was nobody/nothing around except the two cars.
The down payment in the ad is $4,425, which ends up adding $184 per month over the two year lease term.
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I think VinFast is kicking back part of the $7500 tax credit to the leasee…
3 Vinfast Execs leave company.
https://www.reuters.com/business/autos-transportation/vietnams-vinfast-says-three-sales-executives-have-left-ev-company-2023-03-17/
And Irvine Spectrum is doing some kind of ‘outdoor’ thing with the VF8 this weekend, I didn’t bother to find out any details.
You are local to me 
i saw one on the streets finally the other day. Didn’t look TOO terrible
Give American boomers PTSD and their grand childer EV, Vietcong must be proud.
Any luck on canceling a reservation and getting a refund? I never signed the nonrefundable agreement. I get random calls and texts saying they are delivering VF8s but I signed up for a VF9 and that seems like a year away - plus questionable quality.
Was it rolling downhill behind a Nikola semi? Motor Trend gave them the nastiest write-up I have ever seen… BY FAR!
https://www.motortrend.com/reviews/2023-vinfast-vf8-electric-suv-first-drive-review/
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Was parked in front of someones house…
Was talking about this Nikola admits prototype was rolling downhill in promotional video | Ars Technica
And, BTW, there are going concern issues re NKLA as of this morning.
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