VinFast Forum banner
1 - 20 of 27 Posts

· Registered
Joined
·
28 Posts
Discussion Starter · #1 ·
Okay, I have been looking for an EV that is a full size SUV. We have 5 kids still at home and this is the first one that checks all the boxes. (Besides Rivian R1S that may be 2 or more years and 2x the price) I just can’t believe I haven’t come across Vinfast until now.

The battery lease is not a bad thing but raises 2 thoughts:

1. With them replacing the battery at 70% degradation then do we not have to worry about charging closer to 100% every night if we want? I mean if they will replace it why not push the battery more each charge?

2. The federal tax credit is based on how big the battery is that you purchase on the EV. But if you are not purchasing a battery are you not eligible for a tax credit?

sorry if these have been discussed, I am new here and don’t see a huge amount of people in this forum.
 

· Registered
Joined
·
28 Posts
Discussion Starter · #2 ·
I may have answered my own question. Fueleconomy.gov states the vehicle receiving the credit must be propelled by a battery of at least 4kwh. So it’s not the battery but it must use a battery. Phew






To be certified for the credit by the manufacturer, the vehicle must meet the following requirements:
  • It must be propelled to a significant extent by an electric motor which draws electricity from a battery which
    • has a capacity of not less than 4 kilowatt hours and
    • is capable of being recharged from an external source of electricity.
 

· Registered
Joined
·
101 Posts
Okay, I have been looking for an EV that is a full size SUV. We have 5 kids still at home and this is the first one that checks all the boxes. (Besides Rivian R1S that may be 2 or more years and 2x the price) I just can’t believe I haven’t come across Vinfast until now.

The battery lease is not a bad thing but raises 2 thoughts:

1. With them replacing the battery at 70% degradation then do we not have to worry about charging closer to 100% every night if we want? I mean if they will replace it why not push the battery more each charge?

2. The federal tax credit is based on how big the battery is that you purchase on the EV. But if you are not purchasing a battery are you not eligible for a tax credit?

sorry if these have been discussed, I am new here and don’t see a huge amount of people in this forum.
Hey @Ys Guy welcome to the forum! Unless there's something in the fine print of the battery lease program that talks about charging I guess you could push the battery to a higher charge if you want.

Would you be interested in getting the VF8 or VF9?
 

· Registered
Joined
·
28 Posts
Discussion Starter · #4 ·
Hey @Ys Guy welcome to the forum! Unless there's something in the fine print of the battery lease program that talks about charging I guess you could push the battery to a higher charge if you want.

Would you be interested in getting the VF8 or VF9?
Thanks, I don’t like posting when I am new to a forum. But there doesn’t appear to be a lot of movement on here. I am so surprised there isn’t more interest.

I am getting a VF9, I need the space. There is a void in the market for a large SUV EV.
 

· Registered
Joined
·
101 Posts
I heard along with the battery lease we will be able to replace with solid state when available. Not sure if that is true but would definitely be worth it.
Welcome to the forum @Vinrolo! Where did you hear that? It could be possible given how much VinFast is investing in solid state batteries. But it's unknown when that kind of tech will be ready for mass market. Which VinFast model are you interested in getting?
 

· Registered
Joined
·
4 Posts
Hello I'm getting the VF8, I've heard from 1 representative at a showroom, however I spoke to a few others and they don't know if it's definite. Not sure if anyone else may have heard the same. I didn't reserve until after July so I'm going to opt for the DC fast charging. Like other EVs they say it's not good to use DC fast charging and charge from 5%-100% however, with the lease I'm not to worried. I definitely want to take advantage of the full mileage output.
Welcome to the
Welcome to the forum @Vinrolo! Where did you hear that? It could be possible given how much VinFast is investing in solid state batteries. But it's unknown when that kind of tech will be ready for mass market. Which VinFast model are you interested in getting?
forum @Vinrolo! Where did you hear that? It could be possible given how much VinFast is investing in solid state batteries. But it's unknown when that kind of tech will be ready for mass market. Which VinFast model are you interested in getting?
 

· Registered
Joined
·
35 Posts
I am with you on DC Fast charging. If we are leasing battery guess what I will not care as I am paying for them to service batteries. Quickest way to degrade batteries is continual fast charging every day. And I did hear that if their are upgrades to battery packs we will be eligible for free replacements if it ever leads to that.
 

· Registered
Joined
·
114 Posts
Thanks, I don’t like posting when I am new to a forum. But there doesn’t appear to be a lot of movement on here. I am so surprised there isn’t more interest.

I am getting a VF9, I need the space. There is a void in the market for a large SUV EV.
Same with me VF9 and R1S are for me the only viable options so far in the SUV market.
But the R1S easily reaches $100k. The VF9 with the voucher is half of that.
Hopefully Vinfast manages it to get it done regarding build quality and reliability…
 

· Registered
Joined
·
4 Posts
Only from some YouTube videos. also from a showroom specialist, however I asked different showroom specialist and they are not sure. With Vinfasts investment with Prologium and Taiwan a Free trade agreement country with U.S they most likely would only provide and supply solid state batteries.
 

· Registered
Joined
·
4 Posts
This is exactly what I’m hoping about with the battery lease… Where do you have this info from?
Only from some YouTube videos. also from a showroom specialist, however I asked different showroom specialist and they are not sure. With Vinfasts investment with Prologium and Taiwan a Free trade agreement country with U.S they most likely would only provide and supply solid state batteries.
 

· Registered
Joined
·
114 Posts
For me it seems that Vinfast (as of today) plans to offer only one battery subscription plan with unlimited miles for $219 (likely plus taxes). As we do need to commute only occasionally and we drive about 1/3 of the average american this seems not the best deal for us personally (we liked the plan with limited miles). But for most people here the unlimited plan most likely will work better - but with now $219 they hiked the price for this plan considerably from $160 at the beginning. Notable is also that VF displays meanwhile the vehicle price with purchase of the battery included. I think they realized that many people aren’t happy with a subscription. And there are still some answers needed (such as how insurance will be handled with a subscription).
 

Attachments

· Registered
VinFirst.....VF8 converted to an order
Joined
·
179 Posts
But for most people here the unlimited plan most likely will work better
I always thought the 'limited' plan wouldn't work for any significant percent of buyers. Even with my 25(ish) round trip commute it wouldn't work. Seems vinfast finally woke up to that and instead of increasing the miles, they removed option all together.

Unlike some I wasn't phased by the subscription at all. Not worried about insurance as that is a non-event. Auto insurance covers leased automobiles, so I don't think it will cause much heartburn. I like the subscription because it does reduce the price by quite a bit and that was my slow down with going to an EV; COST. I do try to get out-the-door under or near $50k. PLUS, every single current EV owner must 'baby' their battery. No charging to 100% unless for long trips (which is rare in most cases) and don't go below 20% etc etc blah blah. We could, so far, charge every day to 100% and down to zero if we wanted. If battery takes a turd: we get a new one no charge. I only tend to keep cars until they are paid off (7 years) so not worried about the monthly sub fee. Of course, that took away my 'savings' of not buying gas...oh well, not a huge hump to get over for me.
 

· Registered
Joined
·
114 Posts
I always thought the 'limited' plan wouldn't work for any significant percent of buyers. Even with my 25(ish) round trip commute it wouldn't work. Seems vinfast finally woke up to that and instead of increasing the miles, they removed option all together.

Unlike some I wasn't phased by the subscription at all. Not worried about insurance as that is a non-event. Auto insurance covers leased automobiles, so I don't think it will cause much heartburn. I like the subscription because it does reduce the price by quite a bit and that was my slow down with going to an EV; COST. I do try to get out-the-door under or near $50k. PLUS, every single current EV owner must 'baby' their battery. No charging to 100% unless for long trips (which is rare in most cases) and don't go below 20% etc etc blah blah. We could, so far, charge every day to 100% and down to zero if we wanted. If battery takes a turd: we get a new one no charge. I only tend to keep cars until they are paid off (7 years) so not worried about the monthly sub fee. Of course, that took away my 'savings' of not buying gas...oh well, not a huge hump to get over for me.
$219 is way too much in my opinion. I’ve read somewhere a study that EV batteries degrade on average 2.3% per year. This means it would take 13 years to get to the 70% threshold. 13years x 12months x $219 = $34,164 subscription cost! If we take into account that (a) the battery right now costs roughly $20,000 and (b) the same battery capacity (most likely) will be much cheaper after 13 years Vinfast will have nothing to pay at all by themselves for a battery change at 70% because the customer has already paid for the new battery via the rest of $14,000 subscription cost. I think its more likely that this is profitable for VF at this price instead for the owner. And to my knowledge in case of failure they would need to give anyway a battery warranty of 8 years and 100.000 mi according to federal law...
 

· Registered
Joined
·
28 Posts
Discussion Starter · #18 ·
First, you are not paying for the initial battery which make the vehicle cheaper.

Second, you can charge 100% every time. So you battery would degrade much faster.

Third, in 13 years a battery will probably be over $40k (inflation, everything else equal)

Finally, I do agree this is a money maker for Vinfast otherwise they wouldn’t do it. But imagine you could have this vehicle for just a few years, pay less for it, then trade it in. It’s not a bad idea, I am interested to see how it plays out
 

· Registered
VinFirst.....VF8 converted to an order
Joined
·
179 Posts
$219 is way too much in my opinion
It's not too bad (for me) as that is about what I pay for gas in a month. The benefits you left out is the rather huge reduction in price for what is a premium EV. Look at other EVs with two motors and the options, then you get an idea.
For me, I doubt I'll keep past 7 years. I pay off, I get bored and want the next thing.

the other huge benefit as I noted was we would not need to baby the battery. I plan to charge 100% nightly. If that reduces the age/range, so be it. Once to 70% there's a new battery waiting.

Also, pretty sure if you are leasing something the warranty doesn't apply as we wouldn't 'own' the battery. It's up to vinfast to repair etc. To me, another benefit.

the big one is the reduction in overall OTD price.

I can see, tho, how a subscription will be a deal breaker for many. Each person must think of the pro/cons.
 

· Registered
Joined
·
114 Posts
It's not too bad (for me) as that is about what I pay for gas in a month. The benefits you left out is the rather huge reduction in price for what is a premium EV. Look at other EVs with two motors and the options, then you get an idea.
For me, I doubt I'll keep past 7 years. I pay off, I get bored and want the next thing.

the other huge benefit as I noted was we would not need to baby the battery. I plan to charge 100% nightly. If that reduces the age/range, so be it. Once to 70% there's a new battery waiting.

Also, pretty sure if you are leasing something the warranty doesn't apply as we wouldn't 'own' the battery. It's up to vinfast to repair etc. To me, another benefit.

the big one is the reduction in overall OTD price.

I can see, tho, how a subscription will be a deal breaker for many. Each person must think of the pro/cons.
The price reduction is clearly a considerable point as they charge
at least $15k for the VF8 and $18k+ for the VF9.

Nevertheless I’m mad that there is only one plan at the moment
and this one is raised significantly. Even if I know that they‘ve marked almost all
data with one or more * and the note that these things can be subject to changes
I feel that they knew from the beginning that they will hike prices later.

And Im worried that selling the car could be a problem because as of now
the info by Vinfast is that the subscription will be transferred to the new owner
and there are a lot of people out there who may not like that. If someone
intends to lease the whole car from them (we personally don’t do leasing)
its different.

My takeaways for myself from the latest VF numbers is that I will
have a closer look at my Reservation of the R1S after I tended
more into direction of the VF9 in the last two or three months.

I‘m curious if VF sticks to its range numbers (which are still not confirmed)...
 
1 - 20 of 27 Posts
Top