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steveting99
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On 9/29/2025 at 6:35 PM, Ake109 said:

Is there any example of any manufacturer in SG which gives such information? How does BYD (in SG)do it in comparision?

These kind of questions, expect a good car reviewer to ask and write about. But nooooo, instead we get, 'slim headlights, chair comfortable, rear space good, usual fckery nonsense waste time'.

Below is the battery curve for BYD's LFP Blade battery (generation one) and referred to as CBV4A. Talked to BYD's SE and he confirmed that all BYD models use the CBV4A Blade battery cells.

BYD_Blade_battery_CBV4A_cycle_life.thumb.jpg.cca885024b39bded7d4e47155eb4ae64.jpg

Was expecting something similar from VinCar / EV Hub via GAC on their Magazine Battery version 2 to check if the 10-year / 200,000km warranty is valid or not. As posted previously, VinCar / EV Hub is deliberately hiding this important information from current and future owners. The only valid reason I can think of is that VinCar / EV hub can renege or worm their way out of the battery warranty. 

Note that Aion's warranty website does not state the minimum capacity retention within the battery warranty period. The industry standard is a minimum of 70% within the warranty period. Need to go back to VinCar / EV Hub on this to avoid severe battery degradation or getting a lemon of a battery pack.  

Edited by steveting99
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On 10/1/2025 at 9:13 AM, steveting99 said:

Below is the battery curve for BYD's LFP Blade battery (generation one) and referred to as CBV4A. Talked to BYD's SE and he confirmed that all BYD models use the CBV4A Blade battery cells.

BYD_Blade_battery_CBV4A_cycle_life.thumb.jpg.cca885024b39bded7d4e47155eb4ae64.jpg

Was expecting something similar from VinCar / EV Hub via GAC on their Magazine Battery version 2 to check if the 10-year / 200,000km warranty is valid or not. As posted previously, VinCar / EV Hub is deliberately hiding this important information from current and future owners. The only valid reason I can think of is that VinCar / EV hub can renege or worm their way out of the battery warranty. 

Note that Aion's warranty website does not state the minimum capacity retention within the battery warranty period. The industry standard is a minimum of 70% within the warranty period. Need to go back to VinCar / EV Hub on this to avoid severe battery degradation or getting a lemon of a battery pack.  

What is CBV4A Blade battery cells? Better battery?

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On 9/30/2025 at 3:12 PM, Micb said:

Hi @steveting99,  is it possible to elaborate on this "triple digit margins behind duties, taxes and finance charges".    The triple digit margins in % or $$.  Roughly how much?   Thanks.

@Micb I did an initial assessment on VinCar / EV Hub's margins at the beginning of this thread and it's about time to do an update to see if the triple digit margins demanded by VinCar / EV Hub have stayed the same. 

Back in April 2025, the mark up by VinCar (EV Hub) is $38.6k or 121% of OMV on the Aion V. I considered the AD margin to be a bit excessive. That was when Cat A CoE was at $97.7k and the OMV is at $31.9k.

Today the OMV has dropped to $30.9k, so there should be a drop in the basic cost, before dealer profit margin - correct? Below is a snapshot of what SG CarMart displays as the term "Premium" above total basic cost paid by the dealer to bring in the vehicle into the shores of Singapore.

AionV_price_2025_10_02.thumb.png.4c83564f81c6f7709d67386e2bca6583.png

If one doesn't know how the game is played by the AD and rigged to make Singaporeans poorer, it's easy to let this one pass by with the wave of the hand by AD. That 19% "Premium" looks reasonable - yah? It's understandable as the objective of the AD is to maken more of your hard earned money. 

When clicking on the "i" next to that 19% to get the definition of what the term "Premium" means the following pops up.

SGCarMart_Premium_definition.png.8923267d3b6033e5e715aeebe5259f8f.png

So let's work out the true costs of owning an Aion V Luxury version based on actual numbers for today. 

Open Market Value (OMV) of Avion V average value is $30.9k. LTA's August 2026 numbers is the source of this information as shown below.

image.thumb.png.9300a671f02c106c83556276fa367ab4.png

Excise Duty (20% of OMV) works out to be $6.2k

Goods and Services Tax (GST) is 9% of OMV + excise duty, which works out to be $3.3k

Additional Registration Fee (ARF) is a tiered tax based on OMV with 100% on 1st $20k, 140% between $20k to $40k, 190% between $40k to $60k, 250% between $60k to $80k and finally 350% after $80k. For Atto 2 the ARF comes out to $35.3k

Since Aion V falls in A1 band of the Vehicle Emission Scheme (VES) there is a rebate of -$25k.  

LTA also gives an EV Early Adoption Incentive (EEAI) rebate based on the VES and EEAI not exceeding the total value of ARF, or a maximum of -$15k or 45% of ARF - which ever is lower. The total of VES and EEAI rebate cannot exceed the ARF, so the EEAI is reduced to -$10.3k. However, the ARF is down to zero, which is what make BEV's so attractive in the first place. 

OBU reader cost is $0.16k

Registration fee is $0.35k

1st year road tax (inclusive of $0.7k fuel surcharge on EV) is $1.5k

Sub-Total of costs including OMV, excise duty, GST, ARF, VES, EEAI and registration costs before Cat A CoE is $42.4k

Cat A CoE (as at 2-Oct-2025 and reported on SG Carmart) is $119k

Thus basis cost before Sime Darby/Vantage Auo/ dealer mark up is $42.2+ $119k = $161.4k

Current sales price as reported on SG Carmart on the Aion V Luxury is $195k. Snapshot of pricelist is given below.

AionV_pricelist_2025_10_02.thumb.png.aa185254cdc267c22aeedbe7d6d24371.png

 

Finance penalty for all cash deal is $5k. Highlighted in yellow above.

Total cash cost is thus $195k+ $5k = $200k

VinCar / EV Hub dealer mark up is a minimum of $38.6k or 125% of OMV which is what truly costs in bringing the Aion V Luxury into the shores of Singapore. VinCar / EV Hub is not making a low 19% margin or "Premium" when selling the Aion V. In fact, they are earning obscene margins and hiding behind a wall of duties, taxes and CoE to make it look like one is getting a good deal.

The initial fat margin of 125% does not include finance costs that VinCar / EV Hub "encourages" you to take - see the fine print in yellow highlight. The additional finance costs includes taking out a loan based of 60% on the promotional sales price or a minimum of $90k over a 7 year period at an Effect Interest Rate (EIR) of 4.65%. This will add an additional interest cost of $38.1k on the promotional sales price and makes the margin close to 232%! Can see how VinCar / EV Hub are making Singaporeans poorer by makening more of their hard earned money.🤑

For a B&B ride, the Aion V Luxury AD margins are definitely in the "luxury" vehicle range (i.e. triple digit margins). Can also conclude that it's a lucrative business to be a new car dealer in Singapore.

 

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On 10/2/2025 at 9:16 AM, steveting99 said:

 

For a B&B ride, the Aion V Luxury AD margins are definitely in the "luxury" vehicle range (i.e. triple digit margins). Can also conclude that it's a lucrative business to be a new car dealer in Singapore.

 

While I definitely think car sales can be super lucrative in SG, and full of useless farks, the actual margin is not so straightforward.

There are 'agency/dealer/whatever you call it/franchise', fees that dealers may have to pay to the manufacturer or distributor, which is not part of the OMV. Thats how I understand it, but someone correct me if I am wrong.

 

p.s. besides the finance commission, you forgot to add the insurance commission they get from forcing you to take only their package

Edited by Ake109
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Hi, I saw some discussions which I would like to clarify as an owner. 

I bought the Lux version back in March this year. They provided me with the physical copy of manual. Not sure why some didn't receive this copy, but I'm sure the physical copy of the manual is definitely available for the owners. 

I logged in to onemotoring and saw the max unladen weight to be 1860kg, and the max laden weight to be 2350kg.

I am also curious whether one thinks my purchase is worth it. I bought it at $165k, COE was $94,502 and OMV was $31,890. I traded in my car with Vincar and they offered me about $7k more than my next best price that I've sourced from multiple dealers. Will be nice if someone can help compute the margin on this one. 

The only complaint about this car is the tyres that came with it. Slippery when wet and not very grippy even when dry. 

That being said, I drove this car up to Genting with wife and kids and it was really a nice drive. Can feel the power even though it's a CAT A. Had to charge twice in-between though, so took toilet breaks and makan while charging. 

I've recently changed the tyres to Yokohama Advan Db553 and I felt like I'm driving a whole different car. Prospective buyers or peeps that's collecting car soon, should consider changing out the tyres ASAP.

Edited by leeernest
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On 10/2/2025 at 11:43 PM, leeernest said:

Hi, I saw some discussions which I would like to clarify as an owner. 

I bought the Lux version back in March this year. They provided me with the physical copy of manual. Not sure why some didn't receive this copy, but I'm sure the physical copy of the manual is definitely available for the owners. 

I logged in to onemotoring and saw the max unladen weight to be 1860kg, and the max laden weight to be 2350kg.

I am also curious whether one thinks my purchase is worth it. I bought it at $165k, COE was $94,502 and OMV was $31,890. I traded in my car with Vincar and they offered me about $7k more than my next best price that I've sourced from multiple dealers. Will be nice if someone can help compute the margin on this one. 

The only complaint about this car is the tyres that came with it. Slippery when wet and not very grippy even when dry. 

That being said, I drove this car up to Genting with wife and kids and it was really a nice drive. Can feel the power even though it's a CAT A. Had to charge twice in-between though, so took toilet breaks and makan while charging. 

I've recently changed the tyres to Yokohama Advan Db553 and I felt like I'm driving a whole different car. Prospective buyers or peeps that's collecting car soon, should consider changing out the tyres ASAP.

what was the stock tyre it came with?

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Isn't BYD also having similar margins? Why isn't anyone complaining about that.

IMO the high RRP just gives the dealers more wiggle room to play with. Usually those dealers with larger margins tend to be able to bid more aggressively to secure the COE and may also offer a higher overtrade amount.

Ultimately, what matters most for a buyer is for a particular price point, is the car worth what you are getting in comparison to the competition. In that respect, the Aion scores very highly and all the local reviewers seem to agree on this.

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(edited)
On 10/2/2025 at 11:43 PM, leeernest said:

Hi, I saw some discussions which I would like to clarify as an owner. 

I bought the Lux version back in March this year. They provided me with the physical copy of manual. Not sure why some didn't receive this copy, but I'm sure the physical copy of the manual is definitely available for the owners. 

I logged in to onemotoring and saw the max unladen weight to be 1860kg, and the max laden weight to be 2350kg.

I am also curious whether one thinks my purchase is worth it. I bought it at $165k, COE was $94,502 and OMV was $31,890. I traded in my car with Vincar and they offered me about $7k more than my next best price that I've sourced from multiple dealers. Will be nice if someone can help compute the margin on this one. 

The only complaint about this car is the tyres that came with it. Slippery when wet and not very grippy even when dry. 

That being said, I drove this car up to Genting with wife and kids and it was really a nice drive. Can feel the power even though it's a CAT A. Had to charge twice in-between though, so took toilet breaks and makan while charging. 

I've recently changed the tyres to Yokohama Advan Db553 and I felt like I'm driving a whole different car. Prospective buyers or peeps that's collecting car soon, should consider changing out the tyres ASAP.

@leeernest If you paid $165k for the Aion V back in March 2025 in an all cash deal, can honestly say you got a reasonable deal from VinCar / EV Hub. Based on the following inputs:

OMV about $32k

CoE (Cat A) at $94.5k

Costs before CoE (Cat A) come out to $43.7k. With CoE (Cat A) at $94.5k that means the basic costs comes up to $138.2k. Below is the pricelist from VinCar / EV Hub in February 2025.

image.thumb.png.29a7cbf08d51e6c0968374c2b7e74e0d.png

Can see that promotional price is about $176k, which includes trade-in rebate (of -$5k) and taking a high interest loan (rebate of -$5k) with VinCar / EV Hub. If you had managed to beat VinCar / EV Hub down to $165k in an all cash deal with the -$7k trade-in, that means the dealer margin would be $26.8k or 84% of OMV. This appears a bit high, but much better than the current $38.6k or 125% of OMV. I'm guessing that VinCar / EV Hub was a bit more desperate to move the metal and get some Aion Vs on the roads of Singapore, hence they were willing to accept a lower than triple digit margins.  

note that any loan taken would add costs to the $165k deal, so total interest charges needs to be taken into account. Hopefully you got a short term loan from a 3rd party bank / finance institution that provides a better competitive rate than VinCar / EV Hub's high interest loan. 

 

Edited by steveting99
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On 9/28/2025 at 11:29 AM, steveting99 said:

@wenbing_92 Not sure why. I also asked EV Hub what's the Gross Vehicle Weight in kg of the Aion V and the SE also played dumb. I then pointed out the owner's manual (online) which states it to be 2,280kg. With the kerb weight of 1,920kg means the maximum carrying capacity of the Aion V is just 360kg. This seems very low for an SUV.

That means with five adults, weighing an average of 72kg each (without any luggage) - the Aion V will hit its maximum carrying capacity. 

So the Aion V is not meant for bui bui drivers and passengers. Okay one bui bui driver🏋️‍♂️ and one bui bui front passenger🏋️‍♀️ should be okay with the Aion V. Anything more than this would be pushing it.

The label on driver side pillar states 2,350kg which should be the correct gross vehicle weight and the kerb weight stated in sgcartmart is 1,860kg. 

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On 9/29/2025 at 2:52 PM, steveting99 said:

I asked VinCar / EV Hub for the LFP battery curve of their high voltage battery pack on the Aion V. This is the GAC magazine battery. The y-axis is to show the battery capacity and on the x-axis is the cycle number. Gave an example of BYD's CBV4A battery curve.

The purpose was to check that the guaranteed minimum capacity 70% was going to be within the 10-year or 200,000kms battery warranty.   

VinCar / EV Hub refused to provide the battery curve and when prodded (asked them what they are trying to hide?), came up with the lame excuse that factory is "unwilling to share this information".🤥 In other words, VinCar / EV Hub is being sneaky on the high voltage battery warranty and don't want anyone to know that it can't meet 10-years or 200,000kms. If the high voltage battery is a lemon or is severely degraded, owner wont be able to find out and VinCar / EV Hub can play stupid until the warranty expires. Thus VinCar / EV Hub doe not have to honor the battery guarantee or spend money fixing the problem - just pass the problem to the owner!😵‍💫 This has happened to a few MCFers who bought PHEV BMWs with defective battery packs and got strung along by the AD. Seems that VinCar / EV Hub is playing the same game. 

So owners can't take VinCar / EV Hub to court and claim the battery is defective.🤐  Replacement of a defective cell within the pack is going to be near impossible and most likely the entire pack as to be swapped out - an expensive exercise. So cavet emptor.   

I also asked for a copy of the test certificate from the independent testing authority confirming that the high voltage battery is in compliance to GB 38031-2025. Pointed out that this is mandatory by law in China. Again VinCar / EV Hub is "unwilling to share this information". 🤥

I read that AION V is installed with either their own in-house battery or Calb中创新航 battery. The premium version may even get CATL battery. The one installed on mine is Calb中创新航. According to chinese sources, CATL is the best while Calb中创新航 is decent for mileage below 200k. Not sure about their in-house battery as there is not much info on it.

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(edited)

Aion V got a five star safety award via Euro New Car Assessment Program (NCAP). Crash test summary video is below:

Individual category scores are:

Adult Occupant : 88%

Child Occupant: 85%

Vulnerable road users: 79%

Safety assist: 78%

The Aion V is a safe ride for oneself and loved ones. In the video, the can see the deployment of a central airbag between driver and front passenger during a side impact collision to protect head injuries. 

Interesting that during the crash test, Aion V's kerb weight is stated at 1,840kg. 

Edited by steveting99
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On 10/3/2025 at 3:34 PM, Zerstorer said:

Isn't BYD also having similar margins? Why isn't anyone complaining about that.

IMO the high RRP just gives the dealers more wiggle room to play with. Usually those dealers with larger margins tend to be able to bid more aggressively to secure the COE and may also offer a higher overtrade amount.

Ultimately, what matters most for a buyer is for a particular price point, is the car worth what you are getting in comparison to the competition. In that respect, the Aion scores very highly and all the local reviewers seem to agree on this.

I see that the Aion V even the premium model, the spec and features are on par or even better than some of the BYD models. But it seems like Aion V not say popular, why ah?

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People dare not risk big ticket purchases on relatively unknown or low profile brands. For example when I bought the Hyundai avante back in early 2007 , it was clearly best out of 6 other cars in the same price range that I tested. However, my colleagues and friends who heard of my decision all said things like, dunno if it will last, dare not drive Korean car... etc.

 

Fast forward 2 year in 2009, the very same model with a mild facelift and yet downspecced interior was the best selling car in Singapore.

5 years ago, people were saying the same thing about BYD and now it's also the best selling brand. That is why BYD is now commanding a premium over other mass market china brands, with their salesman even saying that their cars sell themselves.(Just like how Borneo motors salesman used to say it)

The Aion V just needs a year to establish its presence on the roads and the buyers will come.

The Aion V was incidentally the last car out of 5 I tested. In fact it wasn't even on my radar when I was shopping for an EV because I was just doing testing the models available in the ubi area. I decided to just go over lengkee and test the Aion Y plus because I heard good things about it.

However once my family got into the Aion V, the deal was sealed immediately.

 

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On 10/10/2025 at 8:35 AM, Zerstorer said:

People dare not risk big ticket purchases on relatively unknown or low profile brands. For example when I bought the Hyundai avante back in early 2007 , it was clearly best out of 6 other cars in the same price range that I tested. However, my colleagues and friends who heard of my decision all said things like, dunno if it will last, dare not drive Korean car... etc.

 

Fast forward 2 year in 2009, the very same model with a mild facelift and yet downspecced interior was the best selling car in Singapore.

5 years ago, people were saying the same thing about BYD and now it's also the best selling brand. That is why BYD is now commanding a premium over other mass market china brands, with their salesman even saying that their cars sell themselves.(Just like how Borneo motors salesman used to say it)

The Aion V just needs a year to establish its presence on the roads and the buyers will come.

The Aion V was incidentally the last car out of 5 I tested. In fact it wasn't even on my radar when I was shopping for an EV because I was just doing testing the models available in the ubi area. I decided to just go over lengkee and test the Aion Y plus because I heard good things about it.

However once my family got into the Aion V, the deal was sealed immediately.

 

Precisely, i have colleagues who wanted to buy EV, i asked them did they test drive few EV brand and compared which one is better. But they told me they only go straight to BYD and buy, because BYD is stable, reliable and popular brand. They have no confidence in others EV brand. 😅

But i also thinking why people think that BYD is the most reliable EV brand le?

BYD sales people now is like last time Toyota, when you walk into their showroom, they have the attitude like take it or leave it. You don't want to buy, there are still many people want to buy, so don't waste my time. Lol.

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(edited)
On 10/8/2025 at 11:32 PM, Nisse said:

The label on driver side pillar states 2,350kg which should be the correct gross vehicle weight and the kerb weight stated in sgcartmart is 1,860kg. 

@Nisse Thanks for checking the label on the side pillar. The following is taken from the online owner's manual (page 189)

AionV_GVM.png.1cc424a9b1738c6bd35b9c6d31271968.png

There are a few kerb weights given in the table (1,860kg, 1,920kg, 1,840kg and 1,880kg). So the maximum carrying capacity ranges from 430kg up to 510kg.

To be on the safe side, would limit the load to be less than 430kg. That means five adults cannot weigh more than 86kg each. 

So two bui-buis 🏋️‍♂️at the front with a few fur babies🐩 at the back with respective gear in the boot should be okay. 

Edited by steveting99
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On 10/10/2025 at 9:26 AM, 13177 said:

But i also thinking why people think that BYD is the most reliable EV brand le?

 

Honestly, the sheer number of dealerships available for BYD is a massive part of their success. You see them just about everywhere and that inspires confidence. Having a very popular car also assures availability of spare parts and aftersales support network. Thats a logical mode of thinking and consumers and you can't fault that.

For me I have always enjoyed taking risks on lesser known brands or my own perceived good deals.

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On 10/10/2025 at 9:38 AM, steveting99 said:

@Nisse Thanks for checking the label on the side pillar. The following is taken from the online owner's manual (page 189)

AionV_GVM.png.1cc424a9b1738c6bd35b9c6d31271968.png

There are a few kerb weights given in the table (1,860kg, 1,920kg, 1,840kg and 1,880kg). So the maximum carrying capacity ranges from 430kg up to 510kg.

To be on the safe side, would limit the load to be less than 430kg. That means five adults cannot weigh more than 86kg each. 

So two bui-buis 🏋️‍♂️at the front with a few fur babies🐩 at the back with respective gear in the boot should be okay. 

For perspective, other popular SUVs in comparison based on spec sheet:

BYD Atto3 :2160-1750=410kg

Jaecoo J6rwd:2150-1775=375kg

MG MGS5:2200-1775=445kg

Aion V: 430-510kg

Taken in perspective it's at least as competitive if not class leading. So why was it a concern?

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