Car Purchase Costs in Vietnam: A Comprehensive Guide

“Buying a car is easy, maintaining it is hard” – a common saying among Vietnamese drivers that reflects the concerns about the costs associated with owning a car. So, what exactly are the costs involved in buying a car? How can you “roll out” smoothly and affordably? This article will reveal the most useful information!

Car rolling on the road

Breaking Down the Costs of Buying a New Car

Many people mistakenly believe that the listed price at the dealership is the only cost involved in buying a car. In reality, to legally drive a car on the road, you need to pay additional taxes and fees. Let’s analyze them in detail with Xe Tai Ha Noi!

1. Mandatory Taxes and Fees

These are “fixed” costs that cannot be negotiated or ignored when buying a new car, including:

• Registration Fee: A tax applied when registering car ownership for the first time. The tax rate varies by locality, usually ranging from 10-12% of the car’s value.
• License Plate Fee: Applied when registering the car’s license plate, the fee depends on the location and type of vehicle. For example, in Hanoi, the license plate fee for a car with under 9 seats is 2,000,000 VND.
• Road Maintenance Fee: Mandatory for all vehicles participating in traffic, the fee varies depending on the period of use.
• Civil Liability Insurance: Compulsory for motor vehicle owners, this insurance covers damage to people and property caused by the vehicle to a third party.
• Inspection Fee: Applied when inspecting the vehicle’s technical safety and environmental protection quality.

2. Other Costs

Besides the mandatory taxes and fees, car owners also need to anticipate some additional costs such as:

• Car Registration Service Fee: If you don’t want to spend time doing the procedures yourself, you can use a comprehensive car registration service.
• Accessories: Includes additional equipment and accessories for the car such as: window tint, dashcam, floor mats, leather seat covers,…
• Initial “Rolling” Costs: Fuel, parking fees,…

Tips to Optimize Car Purchase Costs

Mr. Nguyen Van A, a car market analyst, said: “Understanding the costs involved in buying a car is extremely important, helping buyers be proactive financially and make informed decisions.” Here are some tips to help you optimize costs when bringing your car home:

• Choose the right time to buy a car: The end of the year or holidays are often times when dealerships offer many attractive promotions and discounts.
• Negotiate with the dealer: Don’t hesitate to negotiate with the dealer about the car price, promotional programs, accessory gifts,… to get the best price.
• Consider buying a car on installment: If you don’t have enough finances, you can choose to buy a car on installment. However, carefully calculate your financial capacity to avoid debt pressure.

Roll Safely and Luckily with Xe Tai Ha Noi

Xe Tai Ha Noi Logo

Besides thoroughly understanding the costs, Vietnamese people are particularly interested in the feng shui element when buying a car. Choosing a car color that matches the owner’s destiny and an auspicious date and time to receive the car are ways to bring more luck and prosperity on every journey.

Xe Tai Ha Noi – A reputable address providing quality trucks with competitive pricing and flexible installment support. Contact hotline 0987.654.321 for consultation and the best quote!

Did You Know?

• In addition to trucks, Xe Tai Ha Noi also offers a variety of vehicles such as: dump trucks, specialized vehicles, tractor-trailers,…
• Discover more safe driving experiences and useful tips at https://xetaihanoi.edu.vn/kinh-nghiem-di-ha-giang-bang-o-to-tu-lai/.
• Learn more about the taxes and fees when buying a car at https://xetaihanoi.edu.vn/thue-khi-mua-xe-o-to/.

Hopefully, this article has provided you with useful information about the costs of buying a car. Be a smart consumer and choose the car that suits you best!