XE
MG5 MT: The Cheapest C-Class Sedan in Vietnam
2024-11-26
MG5 MT, priced at 399 million dong, stands out as the most affordable C-class sedan in Vietnam. It targets customers with a need for business services and a preference for spacious products while optimizing initial investment costs.
Unbeatable Price, Spacious and Cost-Effective
Inventory of 2023 and 2024 Models
Even with its competitive price, in the last months of 2024, some dealerships still have a stock of MG5 MT produced in 2023 (VIN 2023). It is known that the quantity of these vehicles is not large, but showrooms are applying unprecedented discounts. A sales consultant in Hanoi informed that their base only has 1 MG5 MT VIN 2023 in white color with an attractive price of 295 million dong, a reduction of 104 million dong compared to the listed price. At other showrooms, MG5 MT VIN 2023 is priced at 300 million dong.The VIN 2024 model also has a significant discount at dealerships, but there is a difference between different locations. A base in Hanoi stated that MG5 MT VIN 2024 is reduced by 84 million to 315 million dong; while two other showrooms in Hanoi reported prices of 319 million and 330 million dong respectively.It can be seen that both MG5 MT VIN 2023 and VIN 2024 have quite attractive prices at dealerships. The sedan C-class model even has an actual selling price on a par with mini electric cars when considering the battery.If registering for the MG5 MT VIN 2023 in Hanoi, users will spend a total cost of about 368 million dong, on a par with the starting price proposal of some A-class models such as Hyundai Grand i10 (from 360 million dong). The downside is that the VIN 2023 vehicle will lose value when resold, especially as 2025 is approaching.Interior and Equipment
The interior of MG5 MT is at a basic level. A plus point is that the vehicle is equipped with an 8-inch entertainment screen with Apple CarPlay/Android Auto connectivity.In addition to the competitive advantage of being spacious and cheap, MG5 MT does not have many outstanding features in terms of equipment. With a listed price of 399 million dong, the vehicle only has halogen lights, fixed rear seats, and no second-row air conditioning vents.The safety equipment of MG5 MT is also very basic, with ABS/EBD brakes, rearview camera, rear sensor, 2 airbags, and no electronic stability control - a feature that some A-class models already have.Although the brand does not disclose the monthly sales volume of MG5 MT, according to the sales consultant's sharing, the consumption of this model is stable due to frequent application of price reduction promotions. However, there are still some users approaching with hesitation due to its origin in China.Although not in the same segment, MG5 MT also faces competition from some electric vehicles, especially in the group of customers buying for business transportation services. With the advantage of lower operating costs along with the benefit of battery charging, many consumers have chosen A-class electric vehicles instead of traditional fuel models.