Car Registration Costs in Hai Phong: A Comprehensive Guide

Hai Phong, a vibrant coastal city, is not only a magnet for investment but also an ideal place to live for many families. The increasing demand for car ownership in Hai Phong raises questions about the associated registration costs. This article provides a comprehensive overview of car registration costs in Hai Phong, helping you confidently hit the road!

Decoding Car Registration Costs in Hai Phong

Registration Fee: The First Hurdle

This mandatory fee for new car purchases is calculated based on the vehicle’s value and government-regulated rates. In Hai Phong, the registration fee is as follows:

• Passenger cars: 12% of the vehicle’s value (applicable to both domestically produced and imported cars)

Example: Mr. Minh buys a passenger car at a Hyundai truck dealership on Le Hong Phong Street, Ngo Quyen District, Hai Phong, for 500 million VND. He will have to pay a registration fee of 60 million VND (500 million x 12%).

License Plate Fee

The license plate fee for cars in Hai Phong is as follows:

• Passenger car plates: 20 million VND (for 5-digit passenger car plates, applicable to both new registrations and ownership transfers)

A Hyundai truck dealership in Hai Phong, Vietnam

Other Fees

Besides the two main fees mentioned above, car owners need to prepare for several other costs:

• Vehicle inspection fee: 340,000 VND
• Compulsory liability insurance: Approximately 1 million VND/year
• Road maintenance fee: Depending on the registration period (from 6 to 12 months)

Note: These fees are for reference only and are subject to change. For the most up-to-date information, contact the relevant authorities or reputable truck dealerships in Hai Phong, such as the Thaco Truong Hai dealership on Nguyen Van Linh Street, Le Chan District.

Estimated Car Registration Costs in Hai Phong

Note: This table provides estimated costs only. Actual expenses may vary depending on the prevailing regulations and policies.

A table displaying the cost of registering a car in Hai Phong

Essential Tips for Paying Registration Fees and Registering Your Car in Hai Phong

For a smooth registration process in Hai Phong, keep the following in mind:

• Prepare all necessary documents as required.
• Pay the registration fee on time to avoid penalties.
• Choose the nearest relevant authority for fee payment and registration.
• Seek advice from experienced individuals or contact reputable truck dealerships for guidance and support.