Business Wire·Sep 25, 2026, 6:00 AM ET

VinFast Helps Bring New-Car Confidence to Canada’s Used EV Market

Used electric vehicles (EVs) in Canada are selling faster than gasoline counterparts, with a median sale time of 23 days in July.
Charging costs for EVs are significantly lower than gasoline, ranging from 14% to 18% of the cost for comparable models.
While new EVs may have higher upfront costs, they become cheaper than gasoline vehicles to own after approximately five years.
Battery longevity data indicates an average degradation of 1.8% annually, with estimates suggesting a vehicle lifespan of 18.4 years.
The repair cost gap between EVs & internal combustion engine vehicles has narrowed to a record low difference of $1,234.
VinFast offers a Certified Pre-Owned program that transfers the remaining 10-year/200,000-km vehicle warranty & 10-year battery warranty to new owners.
VinFast Certified Pre-Owned vehicles include a 105-point inspection, battery health checks, a Carfax report, & 24/7 roadside assistance.
The used EV market is growing due to improved affordability, battery reliability, & stronger warranty protections.