“Buying a car is expensive, but registering it can be even more so” – This humorous yet poignant saying often worries new car owners, especially first-time drivers. So, what exactly are the costs involved in registering a new car? How can you get your dream car on the road smoothly and cost-effectively? This article by Xe Tải Hà Nội will answer all your questions!
Registering a new car is a mandatory procedure to legally drive it on the road. The costs associated with this process are significant and vary depending on the type of vehicle, registration area, and other factors.
This is a mandatory fee based on the vehicle’s value and the government-regulated rate. Currently, the registration fee in Hanoi is 10% of the vehicle’s value. For example, if Mr. Minh buys a Hyundai H100 truck at Hyundai Truong Chinh dealership for 500 million VND, the registration fee he must pay is 50 million VND.
The vehicle inspection fee includes the cost of technical safety and environmental protection inspection. This fee varies depending on the vehicle type and is regulated by the Ministry of Transport.
The license plate fee is regulated by the People’s Committee of the province or centrally-affiliated city. In Hanoi, this fee ranges from 150,000 VND to 20 million VND, depending on the type of license plate you choose.
Compulsory civil liability insurance for motor vehicle owners is mandatory when participating in traffic. The insurance premium depends on the vehicle type and is regulated by the Ministry of Finance.
In addition to the main fees above, there may be other incidental costs such as:
A blue Hyundai H100 truck on a highway.
| Vehicle Type | Registration Fee (Hanoi) | Inspection Fee | License Plate Fee | Civil Liability Insurance |
|---|---|---|---|---|
| Cars under 9 seats | 10% of vehicle value | 340,000 VND | 20 million VND (special plate), 1 million VND (regular plate) | From 480,000 VND/year |
| Trucks | 10% of vehicle value | As regulated by the Ministry of Transport | As regulated by the Hanoi People’s Committee | From 790,000 VND/year |
Note: The above price list is for reference only. Actual fees may vary depending on the time and regulations of the relevant authorities.
To ensure a smooth registration process, you should note the following:
A close-up of a license plate with the number 8888.
New car registration usually takes about 1-2 working days, depending on the volume of applications at the registration office and processing progress.
You can absolutely register a new car yourself if you understand the regulations and procedures.
Whether you buy a truck in installments or outright, you must carry out the new vehicle registration procedure according to regulations.
To own your desired truck with a quick and easy registration process, you can contact Xe Tải Hà Nội – a reputable provider of quality trucks in Hanoi.
Hopefully, this article has provided you with a comprehensive overview of new car registration costs. We wish you soon “bring” your “beloved car” home and travel on all roads! Don’t forget to visit Xe Tải Hà Nội to update useful information about trucks and choose the most suitable vehicle for you.
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