Used Car Transfer Tax in Hanoi: What You Need to Know

“Buying a used car, selling worries” – a common saying among many when it comes to buying and selling used vehicles. Besides checking the vehicle’s quality, the transfer of ownership procedures and registration fees are also issues that cause headaches for many used car buyers and sellers. So how is the used car transfer tax calculated? How to complete the procedure quickly and efficiently? This article will provide you with the most detailed and comprehensive overview of this issue.

What is the Used Car Transfer Tax?

The used car transfer tax is a mandatory fee that the buyer must pay to the government when carrying out the vehicle ownership transfer procedure. This is one of the taxes and fees related to owning and using cars in Vietnam.

How to Calculate Used Car Transfer Tax

The used car transfer tax is calculated based on the vehicle’s value and year of manufacture. Specifically:

• Vehicle Value: This is the value assessed by the tax authority. Usually, this value will be lower than the actual price you paid for the car.
• Year of Manufacture: The longer the vehicle has been in use, the lower the tax rate.

For example: Mr. Tuan in Cau Giay District wants to buy a 2018 Hyundai HD120s truck from an acquaintance in Long Bien District. After negotiating, the two sides agreed on a price of 500 million VND. Mr. Tuan brought the vehicle to the tax department to carry out the transfer procedure and was informed that the registration tax payable was 10 million VND (2% of the vehicle value).

Used Car Transfer Tax Rate Table (Reference)

Note: The above table is for reference only. The registration tax rate may vary depending on the locality and the state’s tax policy.

Hyundai HD120s Truck

Frequently Asked Questions about Used Car Transfer Tax

1. What documents are required for used truck ownership transfer?

To transfer ownership of a used truck, you need to prepare the following documents:

• Original vehicle registration certificate.
• Original and valid vehicle inspection certificate.
• Identity Card/Citizen Identity Card/Passport of the seller and buyer.
• Vehicle purchase and sale contract.
• Documents proving the origin of the vehicle (if any).

2. Where to pay the transfer tax?

You can pay the transfer tax at the tax department where the buyer resides.

Where to Buy Quality Used Trucks?

If you are looking for a reputable place to buy used trucks, come to Xe Tai Ha Noi. We specialize in providing high-quality used trucks that have been thoroughly inspected, ensuring safety and efficiency for users.

Xe Tai Ha Noi – Your Trusted Address!

Address: [Specific address of Xe Tai Ha Noi store]

Hotline: [Phone number of Xe Tai Ha Noi store]

Xe Tai Ha Noi Store

Similar Products

In addition to used trucks, Xe Tai Ha Noi also offers a variety of new trucks, box trucks, dump trucks, specialized vehicles… with various models and load capacities, meeting all transportation needs of customers.

Conclusion

Hopefully, this article has provided you with useful information about the used car transfer tax. We wish you soon own your desired vehicle!