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Update news used car market
The used luxury-car market is facing a severe slump, with many nearly-new models seeing price cuts from hundreds of millions to billions of VND without finding buyers.
The used car market in 2025 is set to experience intensified competition, according to market experts.
Many car manufacturers have recently unveiled new car models, offering significant discounts to boost consumer interest, further complicating the already challenging second-hand car market.
VietNamNet Bridge - Lovers of fashion and high- quality goods are willing to pay more for high-end secondhand goods, priced at tens of millions of dong or several thousand dollars.
VietNamNet Bridge - The domestic used-car market is busy with total value of $3 billion a year as estimated by Anycar Vietnam JSC.