Posted on 02/27/2023 6:24:21 AM PST by Oldeconomybuyer
HANOI, Feb 27 (Reuters) - Vietnamese electric vehicle maker VinFast has cut the lease price for its first model shipped to the United States by more than 50% for its first customers in California, with delivery starting this week, according to the company and emails to customers reviewed by Reuters.
VinFast, a subsidiary of conglomerate Vingroup JSC, had said in January its first VF8 all-electric crossovers would be available to lease at a monthly payment of $599 for 24 months.
Its website showed as of Monday a monthly lease price of $399 for the vehicle for a 24-month lease.
VinFast told people who had already paid a refundable deposit on the car that the payment would be $274 per month in California, the first U.S. state to receive the vehicles, according to messages to those potential buyers reviewed by Reuters.
That amounts to a discount of between 33% and 54% from the initially advertised monthly lease price.
"This is our special offer to VinFast customers for the VF 8 City Edition models in order to stay competitive with other brands," VinFast said in a statement.
(Excerpt) Read more at finance.yahoo.com ...
“VinFast slashes lease prices for first U.S. buyers, to deliver first EVs March 1”
Oh, yippee.
The non coerced market for EVs among American consumers is small and a niche market. The massive capital investment made by major manufacturers such as Ford, GM and possibly VW will end in bankruptcy.
All EVs are a menace IMO and have an obvious safety flaw that has never been addressed.
Serving in my church’s parking ministry and on seveal other occasions I’ve almost stepped into the path of one of those infernal contraptions because I couldn’t hear it.
Not to mention they have the nasty habit of randomly spontaneously combusting without warning.
Ford and Government Motors are counting on a .gov bailout down the road—heads they win, tails we lose.
“Serving in my church’s parking ministry and on seveal other occasions I’ve almost stepped into the path of one of those infernal contraptions because I couldn’t hear it.”
I know a guy who wants an EV truck, but refuses to buy one until it sounds, well, like a truck. He tells me that it’s too expensive and intrusive to install that type of sound system after-market, due to its immense power draw.
So if that problem gets dealt with, then he’ll buy one, and you’ll be that much safer in your church’s parking lot.
Mopar is actually working on it right now.......as for my church parking.....there’s always the people driving ICE cars.....some of them NEED to be in church. 😏
Looks like ever other midsized SUV on the market
LOL, my buddy will be happy then!
Your comments remind me of our 1999 Geo, that everyone made fun of.
I wanted to install an exterior sound system that made it sound like a Ford Power Stroke diesel as well as a device that made the vehicle shake like there was a real power house under the hood.
It appears my idea was not that stupid after all, it may have a practical application with EV’s.
My EV won't ever sneak up on you. When I arrived at church yesterday morning and left yesterday afternoon, I was listening to Yaweh cranked as loud as the stereo would do. LOL
If only you were the rule and not the exception 😁
Let me guess. Jane Fonda will be given the first one.
“That’s a weird badge on that Nissan”. (My first thought).
“I know a guy who wants an EV truck, but refuses to buy one until it sounds, well, like a truck”
...
That was my observation too, after years of selling trucks partially on the manly rumble of the exhaust, how are you going to interest these buyers in a vehicle that sounds like a golf cart? It’s going to be a tough sale. And what’s NASCAR going to do?
I’m not anti-EV, I believe they are an alternative. But they ultimately don’t save energy and I object to the market manipulation of giving tax breaks to buyers. I saw several on the road this weekend, including a Tesla that was pulling a small utility trailer. I was surprised they could accomodate a hitch.
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