Car Manufacturers Start with A: Exploring VinFast

VinFast, a Vietnamese car manufacturer, offers attractive lease deals on its 2024 VF 9 Plus model. This article delves into the details of the lease offer, outlining the costs and benefits associated with leasing this electric SUV. Understanding the terms and conditions is crucial before committing to a lease agreement.

VinFast VF 9 Plus Lease Details

The monthly lease payment for a new 2024 VinFast VF 9 Plus is $599 for a 24-month term. This is based on an adjusted capitalized cost of $59,375, calculated from a Manufacturer’s Suggested Retail Price (MSRP) of $75,000. The MSRP includes a destination and handling fee of $1,200, and the adjusted cost factors in a $7,500 Lease Tax Incentive and a $9,650 lease cash discount. Note that the actual MSRP can fluctuate depending on the specific build of the vehicle, potentially impacting the monthly lease payment.

Upfront costs include a $599 first month’s payment and a $695 acquisition fee. However, there’s no down payment or security deposit required.

Additional Incentives and Considerations

As an added incentive, VinFast offers a complimentary VinFast Drgnfly E-Bike with each purchase of a new 2024 VF 9 Plus completed between January 15, 2025, and March 31, 2025. Customers are responsible for any applicable taxes on the E-Bike, which is delivered unassembled for pickup at the dealership after the vehicle sale is finalized. This offer depends on E-Bike availability and may be withdrawn by VinFast.

Lessees are responsible for insurance, excess wear and tear (as defined in the lease contract), and a mileage charge of $0.25 per mile over 20,000 miles. At the end of the lease, there’s a disposition fee of up to $395, although it won’t exceed the legally permissible limit. While a security deposit waiver is part of the offer, not all customers will qualify. Standard fees like tax, title, license, and registration are also due at signing, adding to the overall cost. The advertised monthly payment excludes applicable taxes.

This lease offer is available through VinFast Auto, LLC, and is subject to credit approval and vehicle availability. It’s valid until March 31, 2025, and cannot be combined with other offers unless explicitly stated. The purchase option at lease end is $43,500, plus a $350 purchase option fee, excluding tax, title, and government fees.

Conclusion

VinFast’s lease offer for the 2024 VF 9 Plus presents a compelling option for those interested in an electric SUV. However, carefully reviewing the terms, including potential mileage charges and end-of-lease fees, is vital before making a decision. The inclusion of a complimentary E-Bike adds further value to the proposition. Remember to factor in additional costs like taxes, title, and registration fees.

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