New car series priced under 400 million VND for first-time car buyers

Below are new car models, priced under 400 million, that have actually been launched and are being sold in Vietnam:

Wuling Mini EV - List price from 239-282 million VND

With a listed price ranging from 239-282 million VND, Wuling Mini EV is the electric car model with the cheapest listed price in Vietnam.

The small electric car from China is assembled in Vietnam and launched in the domestic market in June 2023 with two versions, LV1 and LV2. Each version has two battery capacity options, including 9.6 kWh and 13.4 kWh. Accordingly, the two versions have operating ranges of 120km and 170km, respectively.

The car is equipped with an electric motor located on the rear axle, with a capacity of 26.82 horsepower and maximum torque of 85Nm.

In terms of overall design, this is a mini car with a length of less than 3m, only two doors but arranged with 4 seats inside. Wuling Mini EV is aimed at customers who need a compact car to move around the city, to protect from the sun and rain.

Referring to the market in Ho Chi Minh City and Hanoi, the actual price of Wuling Mini EV is being reduced by dealers by about 20 million VND for the LV1 version and 10-15 million VND for the LV2 version, depending on the battery configuration. Therefore, the actual price of this model is currently lower than the listed price, only from 224 million VND.

Toyota Wigo E - List price 360 ​​million VND

Toyota Wigo belongs to the small urban car segment, launched in the Vietnamese market with two versions E and G, priced from 360-405 million VND. The Wigo E version has a selling price of only 360 million VND, one of the cheapest gasoline cars in Vietnam.

The overall design of the Toyota Wigo E is quite angular and sturdy. This is the standard version, so the amenities are relatively poor and outdated. However, the interior space of the car has a practical design, optimizing the area quite well, so 4 people can sit comfortably.

In terms of performance, the Toyota Wigo E is equipped with a 1.2L gasoline engine, producing 87 horsepower and 113Nm of maximum torque, combined with a 5-speed manual transmission and front-wheel drive. This power is only at a relative level, meeting just enough performance and travel in the city when fully loaded.

With a price of only 360 million VND, Toyota Wigo E is a suitable car model for customers who like to drive manual transmission cars, buy a car for the first time or for service business customers.

New Hyundai Grand i10 1.2 MT - Listed price 360 ​​million VND

Hyundai Grand i10 has been a familiar car model to Vietnamese users for many years. In April 2024, Hyundai Thanh Cong launched the upgraded version of New Hyundai Grand i10 with 3 versions (MT, standard AT and AT), of which, the MT version has the cheapest price, only 360 million VND.

Currently, the Grand i10 1.2 MT version is being discounted by dealers by 10 million VND, deducted from the official listed price.

In terms of overall design, the Hyundai Grand i10 1.2 MT is quite sophisticated and modern. However, this car model only has the most basic equipment with halogen lights, steel rims, fabric interior seats, mechanical air conditioning,...

New Hyundai Grand i10 uses a 1.2L gasoline engine, with a capacity of only 82 horsepower and a maximum torque of 114Nm. The MT version uses a 5-speed manual transmission and front-wheel drive. With these parameters, the Grand i10 1.2 MT only meets the operating capacity and carries enough load when driving in the city and on the highway.

Similar to Toyota Wigo E, the New Hyundai Grand i10 1.2 MT model will also be suitable for customers who prefer a car using a manual transmission and for service business.

KIA Soluto MT - Listed price 386 million VND

KIA Soluto is the cheapest B-class sedan in the Vietnamese market today. Soluto has 4 versions (MT MT Deluxe, AT Deluxe and AT Luxury), prices range from 386-449 million VND. The cheapest Soluto MT version is only 386 million VND.

Compared to other competitors in the segment, KIA Soluto has a not-so-modern design and is relatively compact. The Soluto MT version has many exterior features cut, only equipped with halogen fog lights, steel rims and drum rear brakes. The interior of the car is also relatively poor, only with a CD player, mechanical key, mechanical air conditioner,... in return, all the seats are covered in leather.

In terms of performance, Soluto MT is equipped with a 1.4L gasoline engine, 94 horsepower and 132Nm maximum torque, combined with a 5-speed manual transmission and front-wheel drive. This parameter is just enough to move in the city and on the highway, not too strong to accelerate or overtake.

In addition to being suitable for first-time car buyers who need a car with spacious space and the ability to carry more luggage than small urban cars, the KIA Soluto MT is also very suitable for customers buying cars for business services.

KIA New Morning Premium - List price 399 million VND

KIA New Morning belongs to the small urban car segment, competing with Hyundai Grand i10 and Toyota Wigo in Vietnam. This model is distributed by THACO in a total of 5 versions (MT, AT, Premium, X-Line and GT-Line), priced at 349-424 million VND respectively. Of which, the New Morning Premium version is priced at 399 million VND, quite attractive in its price range.

In terms of overall appearance, this car model has a youthful design and has many outstanding features such as automatic lights, LED daytime lights, alloy wheels, etc. The car's interior is also equipped with an 8-inch entertainment screen, automatic air conditioning and push-button start, etc.

Among new car models under 400 million, KIA New Morning Premium is one of the few cars equipped with a 4-speed automatic transmission. The "heart" of the car comes from a 1.2L gasoline engine, producing 83 horsepower and maximum torque of 122Nm.

New Morning Premium is a car model suitable for first-time car buyers, aiming for cars with a modern appearance, many amenities and especially using an automatic transmission, easier to control than a manual transmission.