Aion V

[13177]

On 11/4/2025 at 8:56 PM, Tkseah said:

I remember u were very active and contributed a lot in clubsnap back then.. Good to see u here now.

I was quite attracted to Aion V when I saw it in Vivo some weeks back.  But think I'll still hold till 2027 when my coe is due before deciding on what's next.

If you want many nice features and big space, Aion V really can consider esp their price now is not yet overpriced.

[Zerstorer]

On 11/4/2025 at 8:56 PM, Tkseah said:

I remember u were very active and contributed a lot in clubsnap back then.. Good to see u here now.

I was quite attracted to Aion V when I saw it in Vivo some weeks back.  But think I'll still hold till 2027 when my coe is due before deciding on what's next.

Thats the logical choice with the lowest depreciation. However my previous car was also due in 2027, but I chose to enter now because of the high fuel prices plus the fact that I feel that govt policy is aimed at maintaining the COE at this level. 

[13177]

On 11/5/2025 at 8:36 AM, Zerstorer said:

Thats the logical choice with the lowest depreciation. However my previous car was also due in 2027, but I chose to enter now because of the high fuel prices plus the fact that I feel that govt policy is aimed at maintaining the COE at this level. 

If COE will maintain at current level even 2-5 years down the road. Then maybe no need to rush to change? Can drive until 10 years then change? Unless COE will go up even higher than current COE, then maybe good to buy now.

[Dankoo]

@steveting99 I think the charging costs listed quite outdated...all are higher than the stated rates here

[newtocars]

Realistically what can you negotiate if you are interested to buy say the Aion V? Can remove no financing rebates? 
 

also is the luxury worth it over premium? Is the fake leather that bad? 

[Tkseah]

On 11/5/2025 at 9:52 AM, 13177 said:

If COE will maintain at current level even 2-5 years down the road. Then maybe no need to rush to change? Can drive until 10 years then change? Unless COE will go up even higher than current COE, then maybe good to buy now.

The fear is that even if coe price is same, car price will go up after this year due to the rebate changes..

[Zerstorer]

On 11/5/2025 at 9:52 AM, 13177 said:

If COE will maintain at current level even 2-5 years down the road. Then maybe no need to rush to change? Can drive until 10 years then change? Unless COE will go up even higher than current COE, then maybe good to buy now.

Actually what I mean is this level or higher. Gov is adopting cut and fill policy to even out the COE supply. So for those who are expecting COE to drop drastically. In 26-27 it won't happen because they are already releasing additional quotas ahead of deregistration. 100k+ is the new normal and with about 350m in revenue each COE tender, they want to keep this cash cow mooing.

[Zerstorer]

Find a day to go round the different dealers and check it out in person. If you are taking financing and have a car to trade in different dealers might give you certain offers to secure the deal.

 

In my case, my cars paper value was 18k, BYD offered 19k. 3 other dealers offered 21k. Vincar offered me 22k. I was already set on the Aion after testing, the higher trade in sealed the deal easily for me.

[Zerstorer]

On 11/5/2025 at 10:55 AM, newtocars said:

Realistically what can you negotiate if you are interested to buy say the Aion V? Can remove no financing rebates? 
 

also is the luxury worth it over premium? Is the fake leather that bad? 

Luxury has bigger battery, fridge, driver monitoring,massage seats and table for backseat passenger. Test it and see if you find the difference worth it. I wouldn't say the leather difference is a big factor.

[13177]

On 11/5/2025 at 11:15 AM, Tkseah said:

The fear is that even if coe price is same, car price will go up after this year due to the rebate changes..

Anyone knows will go up how much due to rebate changes ah?

Example atto3 now sell at $190k, after rebate changes increased how much if the coe still remain the same?

[13177]

On 11/5/2025 at 11:34 AM, Zerstorer said:

Find a day to go round the different dealers and check it out in person. If you are taking financing and have a car to trade in different dealers might give you certain offers to secure the deal.

 

In my case, my cars paper value was 18k, BYD offered 19k. 3 other dealers offered 21k. Vincar offered me 22k. I was already set on the Aion after testing, the higher trade in sealed the deal easily for me.

You can also get a quote from SGcarmart quotz and gauge if the dealers give you good offer or not.

[13177]

On 11/5/2025 at 11:37 AM, Zerstorer said:

Luxury has bigger battery, fridge, driver monitoring,massage seats and table for backseat passenger. Test it and see if you find the difference worth it. I wouldn't say the leather difference is a big factor.

I find the premium spec is good enough. I find the items that given in Luxury spec don't really need them. No point paying extra.

[steveting99]

On 11/4/2025 at 2:44 PM, Zerstorer said:

The EIR of SGCarmarts loan is about 4.11%. Also, most of the dealers were offering 2.28% during the carshow last month. Current rates should same or even lower given the dropping interest rates everywhere.

@Zerstorer Thanks for the push back and getting me to re-think about the financing costs! 😆 Another layer of the onion to be pealed for owning a ride in Singapore. You're right that SG Car Mart gives the per annum flat rate and not the Effective Interest Rate (EIR) that's more important in working out total interest costs over the loan tenure. Should have suspected something not right with the interest rates being so low. Have pinged SG Car Mart to confirm this.  

So the general idea is to avoid the bite of money jiāngshī (吸血鬼) No.2 🧛‍♀️or at least minimize it as much as possible. The purpose is to lower the overall costs of owning the Aion V Luxury. Those that can afford it - the all cash deal avoids money jiāngshī (吸血鬼) No.2 🧛‍♀️entirely. This is the best option.

For those who cannot afford to go for the all cash deal, there are ways to minimize the interest charges and thus minimize the bite of money jiāngshī (吸血鬼) No.2 🧛‍♀️. A number of options are available. 

(1) Take out the lowest loan amount possible. To qualify for the $5k finance rebate, one has to stay with VinCar / EV Hub's partner bank or in-house finance. Go with the minimum loan amount is $90k as listed in the first item of the Terms and Conditions of the pricelist . UOB is one banking partner and the table below gives the EIR for various loan terms (Valid as at 4-Nov-2025).

For a 7 year loan tenure and with a $90k loan, the total interest works out to be $32.7k - the monthly repayment amount is about $1,461 for the next 84 months.

With the current sales price of $195k on the Aion V (including trade-in and finance rebate), the difference of $105k has to come from the trade-in of one's ride or from one's own pocket via a cash top up on the deposit. Overall costs come up to $227.7k with a dealer margin of 204% of OMV ($63.2k). Still hanging around in Count Dracula's castle...🧛‍♂️🧛‍♂️🧛‍♂️🧛‍♂️🧛‍♂️in terms of financing deal money jiāngshī (吸血鬼) rating.

(2) If one wants to burrow more and up to what's allowed (60%), go with a shorter loan tenure of 4 years and be prepared to pay more in the monthly installments.  This will minimize total interest costs and have less up front out of pocket expense. Using UOB's table, 4 years has an EIR of 5.27%.

Using an outside 3rd party bank and with a 60% loan of the all cash deal, the loan amount is $123k, and there's a deposit requirement of $82k from the all cash deal. This will lower up front cash requirement compared to Option 2. Total interest works out to $26k. But, the monthly repayment increases to $3,102 (more than double of Option 1) - so one has to budget for this. 

Option 2 overall costs come up to $226k (assuming the trade-in rebate of $5k is still given) with a dealer margin of 198% of OMV ($61.4k). Can't escape Count Dracula's castle ...🧛‍♂️🧛‍♂️🧛‍♂️🧛‍♂️🧛‍♂️in terms of financing deal money jiāngshī (吸血鬼) rating. 

(3) Negotiate with VinCar  / EV Hub. See if they're willing to do a deal of staying with the sales price of $195k, but allowing one to take out a 60% loan of $117k (at the same UOB's EIR of 5.27%) over 4 years loan tenure. The deposit works out to be a bit lower at $78k from the sales price. The monthly repayment a bit lower at $2,951 as well as the total interest cost a bit lower at $24.6k.

Option 3 overall costs come up to $219.7k with a dealer margin of 178% of OMV ($55.1k). In terms of financing deal money jiāngshī (吸血鬼) rating, its one step down at ...🧛‍♂️🧛‍♂️🧛‍♂️🧛‍♂️. For those who want to take out a loan for Aion V Luxury, Option 3 works out to be better than going with a 3rd party bank / finance company. However, one has to get ready and put on lots of garlic 🧄🧄🧄🧄🧄when visiting VinCar / EV Hub's show room.

So, it'll depend on one's negotiation skills and there's some variability involved.

 

[Zerstorer]

On 11/5/2025 at 1:46 PM, steveting99 said:

@Zerstorer Thanks for the push back and getting me to re-think about the financing costs! 😆 Another layer of the onion to be pealed 

For a 7 year loan tenure and with a $90k loan, the total interest works out to be $32.7k - the monthly repayment amount is about $1,461 for the next 84 months.

 

Steve....are you sure about your calculations? Your numbers are way off.

Firstly go step into the showroom and get the proper interest rate. It can't be 2.78 in this current environment. When I bought 2mths ago it was 2.48, during the carshow it was 2.28 now it's should be either same or lower given that interests rates have been on a constant decline.

 

Secondly even if one calculates based on 2.78%, it will only be $17514. (90000x2.78%x7)

The effective interest rate takes into the account that the interest rate is applied to the original sum.

You do not use the effective interest rate on the original amount. It's the wrong calculation. 

 

Have you actually bought a car before? 

[Zerstorer]

On 11/5/2025 at 12:06 PM, 13177 said:

You can also get a quote from SGcarmart quotz and gauge if the dealers give you good offer or not.

Honestly I didn't bother. The last time I tried it for my Avante, I only got a difference of a few hundred. Not worth the hassle if having to coordinate the transfer and totally not worth giving up the dealer trade in rebate. If a dealer already offers you 5k above the paper value and it's tied also to a further 5k rebate, no outside dealer can possibly outdo that.

[newtocars]

Thanks bros for the great advice. 
 

anyone has concerns about servicing from these players, esp since they are relative new or previously PIs? What shld I ask and insist - eg that free servicing cover labour cost - hear that some PIs will chop you via labour cost if things spoil even if warranty covers parts. 

aion v vs c10 anyone got any views? 

[Ake109]

On 11/5/2025 at 2:40 PM, Zerstorer said:

 

 

Have you actually bought a car before? 

I also very very curious what car he drive. But he neber answer my question.

[steveting99]

On 11/4/2025 at 8:48 AM, newtocars said:

Steve bro thanks for the detailed insights, very helpful for someone who is new to cars, and didn’t know the real margins are so high for Chinese EV ADs. 
 

If I’m looking for a B&B family car which would you recommend - Aion V vs J6 or other alternatives? I like the look of J6 but am hesitant about the servicing experience from feedback online. If you were to compare all in cash prices both works out to be somewhat the same ballpark (Aion V slightly higher). Any feedback on Vertex as an AD? Is the Aion AD more established than Vertex or around the same?
 

Anyone know if battery warranty  generally requires you to service regularly (once a year) with the AD workshop? Would servicing outside void the warranty? J6’s serving package is 5k for 10 years (apparently no free servicing if you don’t get guaranteed COE package) which seems excessive given the lower amount of checks and work required compared to ICE serving. Any thoughts?

Hi @newtocars, welcome to MCF!

Look at the following BEV rides in Cat A territory as a family B&B:

 The current sales price normally includes free servicing for X number of years, so there's no additional cost to you on this. To maintain the manufacturer's warranty, the ride needs to be regularly serviced at the AD workshop at suggested kms travelled or time period - which ever comes first. Since one has already paid for this, just take advantage of it and don't bother with a 3rd party workshop.

If you're interested in the J6, would negotiate with Vertex about including free servicing with the non-guaranteed CoE offer, the same as guaranteed CoE offer. Last time I checked the cost breakdown of the J6, Vertex is making triple digit margin on the OMV. In an all cash deal, Vertex is making $37.5k or 147% of OMV .