VinFast has introduced a Residual Value Guarantee Program for buyers in the Philippines. This is the first program of its kind in the country’s electric vehicle market, underscoring VinFast’s role as a brand leading the charge toward smarter, more secure EV ownership. The company describes it as a way to give customers confidence in the long-term value of an electric vehicle. Here is a detailed look at how the program works and what it means for Filipino buyers.

What does the RVG Program do?

The program guarantees that VinFast will provide a fixed resale value for a customer’s electric vehicle, calculated as a fixed percentage of its original net retail price. This net retail price is the pre tax value on the invoice, after subtracting any promotional incentives the customer used when buying the car.

The program applies only to new VinFast EVs purchased in the Philippines and only to the first owner named on the sales invoice.

How much value does VinFast guarantee?

The guarantee follows a fixed schedule. To understand how this works in practice, take, for example, the entry-level VF 5, which has quite a reasonable starting price of PHP 1,050,000. For simplicity, assume a buyer pays the full amount with no incentives applied.

Under the RVG schedule:

• After six months, VinFast guarantees 90 percent. That would be PHP 945,000.
• After one year, the guarantee is 86 percent, or PHP 903,000.
• After two years, the guarantee is 78 percent, or PHP 819,000.
• After three years, the guarantee is 70 percent, or PHP 735,000.

The full schedule includes values in two-month increments between those points. The rates are also predetermined and do not change based on outside market conditions.

Who is this for?

The program is intended for buyers who want protection from uncertainty about EV resale value. It is open to individual buyers and corporate buyers who purchase new VinFast EVs for personal or internal use.

It does not apply to customers who buy vehicles for service operations. Examples include ride-hailing vehicles or other transport businesses.

There is a mileage limit. The vehicle must not exceed 25,000 km per year or 75,000 km in the full three-year period.

Why did VinFast create the program?

The RVG program is meant to support customers who want to shift to electric vehicles but worry about long-term value. It also reflects VinFast’s leadership in proactively addressing real consumer concerns and setting a new benchmark for EV confidence in the Philippines. The guarantee is designed to make EV ownership more accessible and more reassuring for Filipino households and individual users.

“With a residual value guarantee of up to 90% of the vehicle’s list price, VinFast aims to make EV ownership more accessible and reassuring for Filipino consumers,” Antonio Zara, VinFast Southeast Asia CEO, said, adding that the program reflects the company’s long-term commitment to the Philippine market.

How does this fit into VinFast’s broader plan?

The RVG program is offered along with other customer support programs. These include up to ten years of warranty, three years of free charging at V-Green-operated stations, flexible financing options from partner banks, and 24-hour technical support and roadside assistance. VinFast is also expanding its distribution and service network through authorized dealerships and local partners.

Together, these initiatives show how VinFast is not just participating in the Philippine EV market but actively driving it forward—building a complete, customer-focused ecosystem that makes electric mobility more viable for more Filipinos.

What does the program mean for buyers?

For many buyers, one of the biggest uncertainties with EVs is resale value, with most concerns revolving around a simple question: “Will my EV investment be protected if my lifestyle changes?” The RVG program removes that worry by replacing guesswork with a fixed formula. Customers know the guaranteed value from the day they buy the car. If they choose to upgrade, switch models, or return the vehicle for personal reasons within three years, the amount they receive is already set.

Why should some shoppers consider it now?

The program applies to new VinFast EVs purchased from October 21, 2025, onward. For buyers who are curious about EVs but hesitant, the RVG program makes the first step easier. VinFast positions it as an added layer of security on top of existing perks and support services.

The company’s goal is for EV ownership to feel predictable and manageable. For many Filipino buyers, this program may be the turning point — another strong indication that VinFast is leading the shift toward a cleaner, more confident electric future for the Philippines.