VinFast projects P413K savings with MPV 7

VinFast says owners of its MPV 7 electric seven-seater could save nearly P413,000 over three years compared with those who drive a conventional gasoline-powered vehicle, based on estimates from the automaker’s online ownership cost calculator.

Launched in August, VinFast’s web-based Total Cost of Ownership (TCO) Calculator is a tool that estimates the overall cost of owning a vehicle by factoring in key expenses over a set period.

MPV 7 can save families nearly P413K over three years

Factoring in key vehicle ownership expenses such as fuel, energy expenses, maintenance and financing, VinFast’s web-based TCO calculator projects P412,981 or 22 percent savings, over a three-year period.

A family driving 1,000 km per month over a three-year ownership period would spend an estimated P1,502,167 to own an MPV 7 with the battery included, compared with P1,915,148 for a common ICE vehicle.

And that figure is almost exactly one year’s average household income in the Philippines, according to the latest Family Income and Expenditure Survey (FIES).

The number one BEV brand’s Battery Subscription model allows customers to purchase the vehicle without the battery and pay a separate monthly subscription.

Its free charging program through V-Green charging stations until March 2029 and its Residual Value Guarantee (RVG) program, which protects a vehicle’s resale value, give VinFast EV owners a significant ownership advantage compared to gas-powered and other EV counterparts.

The MPV 7 comes with a seven-year vehicle warranty and a 10-year battery warranty, which VinFast positions as the longest warranty coverage in its class.

VF MPV 7: Built for family, not just the daily drive

For families considering an EV, range and charging convenience can be just as important as the vehicle’s purchase price. The MPV 7 offers an estimated range of up to 450 km under the NEDC cycle from its 60.13-kWh usable battery, while DC fast charging can bring the battery from 10 percent to 70 percent in around 30 minutes.

The MPV 7 also retains the practicality expected of a seven-seater, with 126 liters of cargo space with all seven seats in use, expanding to 606 liters with the third row folded and up to 1,240 liters with the rear seats folded.

Safety and convenience are also central to the family-oriented package, with four airbags, electronic stability and traction control, four ADAS features, and ISOFIX anchors on the second row, alongside rear air vents serving the second and third rows and four USB ports for passengers.

Ultimately, the MPV 7 does what a family MPV should: Carry people, carry their stuff, and make everyday trips easier. Its all-electric powertrain adds another consideration: The potential to reduce the cost of keeping the family on the move.