Used Car Title Transfer Costs in Hanoi

“Buying and selling cars is like gambling,” Mr. Hai, the owner of a used Thaco Towner 990kg truck repair shop on Nguyen Van Linh Street, Long Bien District, Hanoi, jokingly told me. While just a humorous remark, it reflects the anxiety and concerns of many people when buying and selling used cars, especially regarding the title transfer process. So, what are the costs involved in transferring the title of a used car in Hanoi? How can you ensure a quick and smooth process? Let’s delve into the details with XE TẢI HÀ NỘI in this article.

Used Car Title Transfer Costs in Hanoi: A Detailed Analysis

Types of Used Car Title Transfer Fees

When purchasing a used car in Hanoi, you will need to pay the following fees to transfer the ownership:

1. Registration Fee:

This is a mandatory fee when transferring a car title, calculated as 2% of the vehicle’s value. The vehicle value is determined based on the actual selling price stated in the sales contract or the price assessed by the tax authorities, whichever is higher.

2. License Plate Fee:

• Cars already registered in Hanoi: You will not have to pay for a new license plate.
• Cars with license plates from other provinces: You need to change to a Hanoi license plate, and the cost will depend on the type of license plate you choose (regular or special/lucky number plates).

3. Vehicle Inspection Fee:

This fee includes the vehicle inspection fee and the fee for issuing the vehicle inspection certificate.

4. Civil Liability Insurance:

Mandatory for all vehicles participating in traffic.

5. Other Costs (if any):

Includes service fees for handling the title transfer procedure (if you use a service), chassis and engine number verification fees, etc.

Reference Price List

Note: The above price list is for reference only. Actual fees may vary depending on the time and regulations of each locality.

To better understand the cost of transferring a used car title, you can refer to the following illustration: Used car title transfer costs

In addition, to ensure a quick and smooth title transfer process, you should note the following:

– Prepare complete documentation as required.

– Contact the vehicle inspection agency for vehicle inspection.

– Submit the title transfer application to the vehicle registration authority.

– Monitor the progress and receive the results.

Besides referring to the illustration, you can seek further information from experienced used car buyers and sellers or reputable websites specializing in this field.

We wish you a quick and successful completion of the used car title transfer process!

To understand more about the used car title transfer procedure, you can refer to the following process illustration: