Buying a 2 Billion VND Car: "Inclusive of Registration" - Deal or Trap?
Buying a 2 Billion VND Car: "Inclusive of Registration" - Deal or Trap?

Buying a 2 Billion VND Car: “Inclusive of Registration” – Deal or Trap?

11/02/2025
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The saying “you get what you pay for” holds true. But when it comes to a 2 billion VND car, is the promise of “inclusive of registration” as appealing as it sounds?

“Inclusive of Registration” – Fact or Fiction?

Buying a car involves more than just the sticker price. Taxes, fees, and registration costs add up significantly before you can legally hit the road. For first-time buyers, the complex paperwork and procedures can be overwhelming. The offer of “inclusive of registration” from some sellers might seem like a lifesaver.

However, there’s often a catch. Hidden behind this sweet promise could be unexpected pitfalls. Countless buyers have learned the hard way, ending up with faulty vehicles, questionable paperwork, or even stolen cars.

Car purchase agreement with "inclusive of registration" offerCar purchase agreement with "inclusive of registration" offer

Buying a 2 Billion VND Car: DIY Registration or “Inclusive” Service?

The question remains: should you trust the “inclusive of registration” offer? According to Nguyen Van A, Director of ABC Vehicle Registration Center, “The service itself isn’t inherently bad. It can save you time and effort if you find a reputable provider.”

However, he emphasizes, “Buyers must thoroughly research the procedures, costs, and the provider’s reputation to avoid risks.”

DIY Registration – Transparency and Control

Handling the registration process yourself, while time-consuming, offers transparency and ensures accuracy. You’ll understand the process and fees involved.

Provincial and City License Plates

“Inclusive of Registration” Service – Convenient but Requires Caution

If you’re busy, opting for this service is reasonable. However, ensure you thoroughly research and choose a reputable provider with proper legal documentation to avoid costly mistakes.

Estimated Costs for a 2 Billion VND Car (Excluding Registration)

Below is an estimated cost breakdown for a 2 billion VND car in Hanoi (excluding registration fees):

Fee/Tax Rate Estimated Cost
Registration Tax 12% of car value 240,000,000 VND
Registration Fee 500,000 VND/car 500,000 VND
Number Plate Fee What Makes a Good License Plate Number? 20,000,000 VND
Road Maintenance Fee 1,560,000 VND/year (paid quarterly/annually) 1,560,000 VND
Compulsory Civil Liability Insurance Mandatory

Note:

  • This table is for reference only and subject to change.
  • Number plate costs vary depending on the type of plate (License Plate Frames).
  • Some “inclusive of registration” services may include insurance.

Buying a 2 Billion VND Car – Trust Your Gut and Choose Wisely

Choosing a car is a significant decision. Whether you handle registration yourself or opt for an “inclusive” service, thorough research and selecting a reputable provider are crucial to avoid potential problems.

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