Lease Vs Buy – Ewing VinFast of Plano

One of the smartest buying decisions one can make is to get a used luxury car. You gain by getting a newer car with lots of comfort and features while getting it at a more affordable price. While that’s a wise decision, it is even wiser to take advantage of the lease offers from VinFast for the VF8 and VF9, as no other car offers more for less. Let’s dive in.

There’s More to Saving Money Than Just the Purchase Price

When buying a used luxury car, you’ll be able to save tens of thousands of dollars, but, unless you’re buying a car with an extra warranty, your new-to-you vehicle will have a warranty that is either soon to expire or has already expired. The major luxury brands, such as Acura, Audi, BMW, Lexus, and Mercedes-Benz, only have a 4-year, 50,000-mile warranty. Infiniti has a 4-year, 60,000-mile warranty, though. Still, these all pale in comparison to the 10-year, 125,000-mile bumper-to-bumper and 10-year, unlimited-mile battery warranties that VinFast offers customers.

Current VinFast Lease Offers

VinFast is offering customers a brand new 2025 VF8 for just $299 per month for 24 months or the VF9 for only $499 per month for 24 months. Neither vehicle requires a down payment, unlike all other car manufacturers’ leases. VinFast is also giving buyers a free VinFast Level 2 home charger, a $600 savings. We covered how brilliant and easy the charger is in a previous article. For a VF8, you’ll spend a little over $7,000 over the period of a 2-year lease and around $12,000 for a VF9. Those values alone are less than what you’ll spend on depreciation and maintenance on a gas-powered luxury car over the same period.

Expensive When New Means Expensive to Maintain

While buying a used luxury car saves you money, you have to determine how long you’re willing to keep this car. A car that costs $80,000 or more new will still need parts that are made for an $80,000 car, not the depreciated price you paid for it. When factoring in parts and labor, something as simple as suspension components can easily cost you thousands of dollars for a BMW 5-Series, and since most cars have turbos these days, there’s another expensive part or set of parts to fix when they go bad. Even though saving thousands of dollars can feel great at first, you may only have your car for 20,000 or so miles when you could possibly have a catastrophic failure happen.

Current Used Car Interest Rates

Should we even discuss interest rates on used car purchases right now? Depending on your credit score, Nerd Wallet shows the national average APR for a used car loan is anywhere from 7.67% for someone with an 800 credit score, all the way up to 21.81% with a 500 credit score.

A Much Simpler Maintenance Schedule

When leasing a brand new VF8 or VF9, there are no oil changes or regularly scheduled maintenance for the most part. Thanks to regenerative braking, EV brake pads and rotors last quite a bit longer than gas-powered cars. It is recommended that you still have your tires rotated every 7,500 miles and, at that point, have the technician check the battery system, coolant, brakes, and the like. And with the VinFast mobile app, you can schedule your service appointments and then check your car’s status while it’s in for service.

What Information to Take with You

So, what have we learned? A used luxury car can be a good financial decision over buying the same car new. However, with current lease rates, warranty coverage, and the fact that used car rates are insanely high, there has never been a better time to save thousands of dollars by leasing a luxury EV like the VF8 or VF9.

Why You Should Choose Ewing VinFast

At Ewing VinFast of Plano, we have the best prices on dozens of new VinFast EVs and used cars. Our well-educated sales staff and finance department will happily assist you with your EV questions and needs. Our fantastic service department will ensure your vehicle stays in the best condition.

We look forward to serving you.

Tax Credits

One constant, regardless of whether you purchase or lease a car, is that you will still be eligible for any state and federal tax incentives offered to EV customers. So, the $7,500 federal tax credit and whatever state tax credits are offered are available to customers buying or leasing a new electric car.

Faster Advancements Than Ever Before

The main reason experts advise customers to lease an EV instead of buying comes down to one simple reason: battery technology. There was a time when advancements in battery technology took a decade or more. But these days, every 3-5 years, there are significant shifts in battery performance, cooling, range, cost, and even charging speeds and capacities.

Quality and Reliability Standards

Along with technology seeing faster leaps forward, so do production standards and quality control issues. Young electric cars used to have body panel fitment issues, and there were some reliability concerns and frustrations when it came to interior quality. Now, though, panel fitment issues are mostly a thing of the past, and overall interior reliability and quality are way up. New EV customers are constantly raving about the comfort and vast amounts of interior space that just isn’t possible in a conventional gas-powered car due to transmission tunnels, large engine bays, etc., needed to house all of the things that make an internal combustion engine car work.

Design Evolution

Another luxury of modern EVs is the constant evolution of designs. Lots of electric cars of the past were either former gas engine cars with batteries transplanted into them, or they were new designs without any real character that made people fall in love with them. A mainstay of car culture is the look and appeal of a car’s style. People always talk about the beautiful and creative designs of cars from the 1950s and ‘60s, but no one talks about a 2010 Tesla. However, that is changing. VinFast products have a soulful style and presence, and the VF7, VF8, and VF9 each have their unique way of making new customers fall in love with their vehicle as they walk up to it.

VinFast Will Make You Fall In Love

It has long been said that you can tell a car is beautiful by how many times you turn around to look at it as you walk away. The VinFast line of SUVs builds on that ethos in the EV world. And thanks to great lease specials, you can rest assured that there are plenty of advancements in technology and features that will keep you a VinFast client for years to come.