BMW Cuts Car Price in Vietnam

4:24:38 PM | 8/14/2007

Euro Auto has announced to reduce the retail price of BMW series 3, 5 and 7 in the Vietnamese market after the tax cut on imported cars fell to 70 per cent from 80 per cent from August 8.

General director Huynh Du An said Euro Auto are always willing to reduce car price to match the market trend and the demand of customers in Vietnam.

The car price fell by $2,000-3,000 or 1.59-2.67 per cent, depending on models.

An said Euro Auto received more than 60 orders after three weeks BMW cars landed in Vietnam.

However, VMC, another distributor of BMW cars in Vietnam, has not announced any change to its price.

The breakdown of BMW car price cut by Euro Auto

Model	Old price	New price	Rebate	per cent fall
BMW 320i	74,800 USD	72,800 USD	2,000 USD	2.67
BMW 325i	84,800 USD	82,800 USD	2,000 USD	2.35
BMW 530i	126,800 USD	123,800 USD	3,000 USD	2.36
BMW 730Li	188,900 USD	185,900 USD	3,000 USD	1.59