People often think of investments as items that increase in value over the years—whether it’s a designer bag, a shiny new house, or stocks. Most assume that cars are just liabilities over time.

VinFast, a Vietnamese electric vehicle manufacturer, offers the Residual Value Guarantee (RVG) program for its unit owners. This program was previously implemented in other Southeast Asian countries and was soft-launched in the Philippines on October 16, 2025. It officially went live on November 7.

This gives first-time buyers—whether corporations or individuals—the opportunity to enjoy a higher cash buyback rate compared to other brands.

The unit must be in good working condition and free from major damage caused by accidents, fire, or flood. The unit must have a mileage of up to 25,000km per year or a maximum of 75,000km in total. Both cash and financed units are eligible for inspection, with a P900 inspection fee and a P5,000 fee for any completed buyback.

The best part of this program is that—depending on the unit’s age—up to 90% of the original value of a six-month-old unit can be bought back by the company. Meanwhile, 70% is still redeemable for units up to 36 months old.

When asked how they can sustain this program, VinFast Southeast Asia CEO Antonio “Toti” Zara III shared that it’s possible due to their unique ecosystem. As seen in other countries, the future local arrival of Green Future (GF)—a sister company involved in car rental and reselling—will support VinFast in reselling units, with some even being repurposed for their EV taxi fleet, Green GSM.

This new initiative will be great for buyers with resale anxiety, and young adults who are on the hunt for their first vehicle.