Car Purchase Fees in Vietnam: A Comprehensive Guide

Anh Tuan, a construction material shop owner on Nguyen Trai Street, Hanoi, decided to invest in an 8-ton Dongfeng truck to facilitate goods transportation. Initially, he estimated that 500 million VND would be enough to bring the truck home. However, after careful research, he was shocked to discover additional fees and taxes, pushing the total cost to nearly 600 million VND.

Anh Tuan’s story is not uncommon. Many people, especially when buying trucks, are often unaware of the taxes and fees involved, leading to budget overruns. Let’s explore the latest fees and taxes associated with buying a new car in Vietnam with Xe Tai Ha Noi!

Detailed Breakdown of Car Purchase Fees and Taxes

1. Registration Fee

This is a mandatory fee when registering a new car. The registration fee is calculated based on the vehicle’s value and the registration location.

Example: Anh Tuan bought an 8-ton Dongfeng truck for 450 million VND and registered it in Hanoi. The registration fee is 12%, so he had to pay 54 million VND.

Note: The registration fee may vary depending on the time and policies of each locality.

2. Vehicle Registration Inspection Fee

The new car registration inspection fee includes: the fee for technical safety and environmental protection inspection of motor vehicles and the fee for issuing the certificate.

Example: The registration inspection fee for Anh Tuan’s 8-ton Dongfeng truck is about 700,000 – 1,000,000 VND.

3. Civil Liability Insurance

This is mandatory insurance when participating in traffic. Civil liability insurance premiums are regulated for each type of vehicle.

Example: The civil liability insurance fee for Anh Tuan’s 8-ton Dongfeng truck is about 1,500,000 – 2,000,000 VND/year.

4. Road Maintenance Fee

The road maintenance fee, also known as the road usage fee, is a mandatory annual fee for using a car. The fee is calculated based on the vehicle’s tonnage and seating capacity.

Example: The road maintenance fee for Anh Tuan’s 8-ton Dongfeng truck is about 1,584,000 VND/month (if paid quarterly) or 15,840,000 VND/year (if paid annually).

5. Other Fees

In addition, when buying a car, you may have to pay other fees such as: number plate fees, vehicle registration service fees, etc.

Estimated Car Purchase Fees and Taxes

Vietnamese Car Registration Fee

Important Notes When Paying Car Purchase Fees and Taxes

• Carefully research the regulations on taxes and fees in the locality where the vehicle is registered.
• Request the dealer to provide a detailed list of taxes and fees to be paid.
• Keep all invoices and documents for easy tracking and resolution of any arising issues.

Frequently Asked Questions about Car Purchase Fees and Taxes

1. Do I have to pay the registration fee when buying a car in installments?

Answer: Yes. Whether buying a car in installments or outright, you must pay the registration fee as regulated.

2. How is the registration fee for a used car calculated?

Answer: The registration fee for a used car is calculated based on the remaining value of the car, as determined by an independent valuation agency.

3. Should I buy car physical damage insurance?

Answer: Buying car physical damage insurance is not mandatory, but it is recommended to protect your interests in case of an incident.

Buy Reputable and Affordable Trucks at Xe Tai Ha Noi

Customers who need to buy trucks, dump trucks, tractor trucks, specialized vehicles, etc., please contact Xe Tai Ha Noi for the best advice and support.

Xe Tai Ha Noi – Your Trusted Address!

Address: No. 1, Le Van Luong Street, Thanh Xuan District, Hanoi

Hotline: 0987.654.321

Using a phone to track a car's location

Popular Truck Models at Xe Tai Ha Noi

• Hyundai Trucks
• Hino Trucks
• Isuzu Trucks
• Dongfeng Trucks
• Faw Trucks

Conclusion

Hopefully, this article has provided you with useful information about car purchase fees and taxes in Vietnam. Be a smart consumer and do your research before making a purchase decision! If you have any further questions, please feel free to leave a comment below or contact Xe Tai Ha Noi directly for answers.

Vietnamese currency and a car

Wish you soon “own” your dream car!