Vietnam Car Registration Fee: A Comprehensive Guide

Mr. Ba, residing in Dong Anh district, wanted to purchase a Hyundai truck for his construction material business. Hearing about a large Hyundai truck dealership in Long Bien district, he rode his motorbike all the way there to inquire about prices. Finding the Hyundai Mighty N250 flatbed truck both affordable and suitable for his needs, Mr. Ba was very pleased and intended to place an order immediately. However, he was overwhelmed when the sales consultant listed a series of fees, including registration fees, license plate fees, and insurance fees, especially the car registration fee. So, how much is the car registration fee in Vietnam? Let’s find out with Hanoi Trucks through this detailed article!

What is the Car Registration Fee?

The car registration fee is an amount of money that car owners must pay to the state budget before being issued a license plate. The car registration fee varies depending on the type of vehicle, the registration area, and the vehicle’s value.

Registration Fee for New Cars

Currently, the registration fee for new cars is regulated as follows:

• 10% of the vehicle’s value for passenger cars with fewer than 9 seats, two-wheeled motorcycles, three-wheeled motorcycles, mopeds, and similar vehicles registered for the first time.
• 2% of the vehicle’s value for passenger cars with 10 seats or more, trucks, and specialized vehicles.

Example: Mr. Ba buys a Hyundai Mighty N250 flatbed truck with a value of 500 million VND and registers it in Hanoi. Therefore, Mr. Ba must pay a registration fee of: 500 million VND x 2% = 10 million VND.

Registration Fee for Used Cars

For used cars, the registration fee will be 80% of the fee for a new car of the same type.

How to Calculate the Car Registration Fee

To calculate the car registration fee, you can apply the following formula:

Registration Fee = Vehicle Value x Registration Fee Rate

Where:

• Vehicle Value: is the selling price of the vehicle agreed upon by the seller and the buyer, but must not be lower than the price stipulated by the People’s Committee of the province or centrally-run city.
• Registration Fee Rate: is regulated according to each type of vehicle and registration area.

Frequently Asked Questions about Car Registration Fees

Where to Pay the Car Registration Fee?

You can pay the car registration fee at the Tax Department where you are permanently registered or at mobile registration fee collection points.

What are the Procedures for Paying the Car Registration Fee?

To pay the car registration fee, you need to prepare:

• Identity Card/Citizen Identity Card.
• Vehicle registration certificate (original).
• Value Added Tax (VAT) invoice of the vehicle.

Are There Any Exemptions or Reductions for Car Registration Fees?

Currently, only certain special cases are exempt from or have reduced car registration fees, such as:

• Vehicles of subjects entitled to preferential treatment under the law (people with disabilities, wounded soldiers, sick soldiers…).
• Vehicles participating in search and rescue operations.

Where to Buy Reputable and Quality Trucks in Hanoi?

If you are looking to buy a truck, come to Hanoi Trucks – a trusted address providing quality trucks at competitive prices. We are committed to bringing you absolute satisfaction with:

• A variety of truck models from famous brands such as Hyundai, Isuzu, Hino…
• A team of professional and dedicated consultants.
• Support for installment payments with preferential interest rates.
• Thoughtful after-sales service.

Contact Hanoi Trucks now for advice and the best quote!

Address: No. [House Number] [Street Name], [Ward], [District], Hanoi

Hotline: [Phone Number]

Website: https://xetaihanoi.edu.vn/

Similar Products

In addition to the Hyundai Mighty N250 truck, Hanoi Trucks also offers a variety of other truck models such as:

• Hyundai Porter H150 Truck
• Isuzu QKR Truck
• Hino XZU730 Truck

Buying a truck in Hanoi

Feng Shui When Buying a Truck

Vietnamese people often value Feng Shui, especially when purchasing valuable assets such as vehicles. Choosing the car color and the date and time to pick up the car in accordance with the owner’s age and destiny is believed to bring luck, fortune, and smooth sailing in business.

Choosing an auspicious day to buy a truck

Conclusion

The registration fee is a mandatory expense when buying a car. Hopefully, through this article, you have understood how much the car registration fee is as well as related information. Be a wise consumer and thoroughly research the regulations on registration fees to avoid unnecessary troubles. We wish you soon “own” your desired car!

If you have any further questions, please feel free to leave a comment below or contact Hanoi Trucks directly for answers.

Don’t forget to visit the website https://xetaihanoi.edu.vn/ for more useful information about trucks!