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2024 VinFast VF 8 front view
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2024 VinFast VF 8 Lease Price Cut To $239/mo

VinFast has been slashing lease prices on their VF 8 SUV to improve its competitiveness in the compact EV segment. We recently saw VF 8 lease prices dip below the $300 mark, but the Vietnamese EV brand cut them even further to $239 for the month of June. Here's what you know about the latest 2024 VinFast VF lease 8 deals and how they stack up against the competition.

Last month, VinFast was offering the 2024 VF 8 Eco for $299 per month over 36 months with $3,230 due at signing. The $389 effective monthly cost was a solid value relative to the VF 8's $47,200 MSRP, but it trailed the best deals in the segment.

To boost its appeal in June, VinFast slashed the VF 8's monthly payment by $60 and the amount due at signing by $231. The resulting deal is now just $239 per month over 36 months with $2,999 due at signing. The $322 effective monthly cost is an outstanding value. It's worth noting that VinFast lowered the annual mileage allowance from 10,000 to 7,500 which could be a dealbreaker for heavy commuters, but this is a great deal otherwise.

2024 VinFast VF 8 side profile

The VF 8 now has the same effective cost as the Nissan LEAF in most parts of the country, which can be leased for $259 per month over 36 months with $2,259 due at signing. However, the LEAF only costs $29,810 and runs on antiquated battery tech, making the VF 8 the more compelling value proposition.

Subcompact EVs like the Kia Niro EV and Hyundai Kona Electric undercut the VF 8, but they're about $10,000 less expensive than the VinFast. You can lease a 2024 Kona SEL EV for just $209 per month over 24 months with $1,999 due at signing for an effective monthly cost of $292. However, we think you get more bang for your buck with the VF 8 than with the $38,050 Kona.

The only electric crossover to offer a better lease value than the VF 8 right now is the $45,964 Toyota bZ4X. Toyota is offering the 2024 bZ4X XLE for just $189 per month over 36 months with $2,999 due at signing. The effective monthly cost of $272 undercuts the VF 8 by $50 and this deal offers a 10,000 mile annual allowance. However, this deal is only being advertised in Los Angeles, while the VF 8 lease is a national offer.

Source: VinFast

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      Sean is an automotive enthusiast with a background in sports journalism. He is a graduate of California Lutheran University with a Bachelor of Science in Business.

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