VinFast Philippines has launched an in-house residual value guarantee program, ensuring that its electric vehicles will hold most of their value over time.
Under this program, all newly purchased VinFast vehicles will be placed on a fixed depreciation schedule, spanning the first three years of ownership. The carmaker’s standard warranty coverages will remain in place, and owners are still entitled to three years of free charging at V-Green stations.
VinFast fixed annual depreciation schedule:
- After six months of use – 90%
- After one year of use – 86%
- After two years of use – 78%
- After three years of use – 70%
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By mapping out depreciation and promising high residual value returns, VinFast aims to settle any long-term apprehensions car buyers have with electric vehicles.
VinFast Southeast Asia CEO, Antonio Zara, concretized that endeavor, saying: “With a residual value guarantee of up to 90% of the vehicle’s list price, VinFast aims to make EV ownership more accessible and reassuring for Filipino consumers.
”When combined with our other support programs, we believe electric vehicles will soon become a natural and reliable choice for households and individual users across the Philippines. This program reflects our long-term commitment to the market and reinforces our strong belief in the quality of our products,” continued Zara.
The Vietnamese carmaker currently offers five fully electric models, namely the VF3, the VF5, the VF6, the VF7, and the VF9. The lineup is made up of subcompact to midsize crossovers, with prices starting at P745,000 for the VF3.
