Used Truck Tax in Hanoi: What You Need to Know

Anh Tuan, owner of a construction material shop on Tay Son Street, Hanoi, was looking to buy a used truck for his business. Following a friend’s advice, he consulted a feng shui master for an auspicious date and advice on choosing a truck that matched his destiny. The master advised him to buy a sand-yellow truck with a license plate ending in 3 or 8 for good luck in business. Coincidentally, he found a used Hyundai HD72 truck at a dealership on Giai Phong Street that met his color and license plate preferences at a reasonable price.

However, when he inquired about the transfer of ownership procedures, he was shocked by the high used car registration tax. Fortunately, thanks to thorough research and consultation with experts at Xe Tai Ha Noi, he understood the regulations and completed the purchase process quickly.

Anh Tuan’s story exemplifies the importance of understanding used car tax regulations to avoid unnecessary complications. So, what is the used car tax? What are the legal grounds for this tax? Let’s explore the details with Xe Tai Ha Noi in this article!

What is Used Car Tax?

Used car tax, also known as used car registration tax, is a tax levied on individuals and organizations when registering the ownership transfer of a used vehicle.

Legal Basis

• Law on Non-Agricultural Land Use Tax No. 16/2009/QH12
• Decree 139/2013/NĐ-CP
• Circular 140/2016/TT-BTC

How to Calculate Used Car Tax

Used Car Registration Tax = Taxable Value of the Vehicle x Tax Rate

Where:

1. Taxable Value of the Vehicle

This is the value used by the tax authority to calculate the tax, determined as 60% of the value of a new vehicle of the same type at the time of tax payment.

For example: You buy a used 2019 Hino truck. The price of a new Hino truck of the same type at the time of tax payment is 1 billion VND. Therefore, the taxable value of your vehicle is: 1,000,000,000 x 60% = 600,000,000 VND

2. Tax Rate

The used car registration tax rate depends on the locality where you register the vehicle.

• Hanoi: 2%
• Ho Chi Minh City: 2%
• Other Provinces: 2%

Returning to the example above, if you register the vehicle in Hanoi, the registration tax you must pay is: 600,000,000 x 2% = 12,000,000 VND

Important Considerations When Buying a Used Car

• Thoroughly Check Vehicle Documents: Ensure the vehicle has complete paperwork, clear origins, and no legal disputes.
• Negotiate the Price: Used car prices are negotiable, so compare prices at different truck dealerships before making a purchase.
• Inspect the Vehicle’s Technical Condition: Take the vehicle to a reputable garage for a technical inspection before buying.
• Understand Taxes and Related Costs: In addition to registration tax, you must pay other fees such as registration fees, insurance fees, and road maintenance fees.

Frequently Asked Questions

1. Where to Buy Reputable Used Trucks in Hanoi?

You can consider some reputable truck dealerships in Hanoi such as:

• Thaco Truong Hai Truck Dealership, Cau Dien
• Hyundai Dong Do Truck Dealership, Gia Lam
• Isuzu Vietnam Truck Dealership, Long Bien

2. Which Type of Used Truck Should I Buy?

Choosing a used truck depends on your needs and budget. However, some popular used truck models in Vietnam include: Hyundai HD72, Hino XZU720, Isuzu QKR77FE4.

3. What is the Procedure for Transferring Ownership of a Used Car?

You can refer to the article Used Car Ownership Transfer Procedure by Xe Tai Ha Noi for more details.

How to Buy a Used Truck at Xe Tai Ha Noi

To buy a used truck at Xe Tai Ha Noi, follow these steps:

1. Visit the website xetaihanoi.edu.vn
2. Select “Used Trucks”
3. Choose the desired model, brand, and price range
4. Contact us via hotline or leave your information on the website for consultation and support.

Similar Products

In addition to used trucks, Xe Tai Ha Noi also offers other products and services such as:

• New trucks
• Dump trucks
• Tractor trucks
• Truck repair and maintenance services

Used Truck Tax in Hanoi

Used Trucks in Hanoi

Conclusion

We hope this article has provided you with useful information about used car tax. Thorough research before buying a car is crucial to avoid unnecessary risks. We wish you the best in finding your ideal vehicle!