Mr. Ba, a familiar truck driver at Long Bien Wholesale Market in Hanoi, is known for his meticulousness. Even choosing a day to buy a truck requires consulting a feng shui master. Today, Mr. Ba decided to sell his “lucky” truck to Mr. Tu in Hoai Duc district. They agreed on the price, and the only remaining task was notarizing the paperwork. So, Mr. Ba and Mr. Tu went to a notary office in Cau Giay district to complete the procedure.
Mr. Ba’s story highlights the importance of understanding car notary fees. This article will provide you with detailed information on this topic.
Car notary fees are the fees individuals or organizations pay to a notary public when notarizing a car sale and purchase contract. These fees are clearly stipulated in the Law on Fees and Charges. Notarization ensures the legal validity of the car sale and purchase contract, preventing potential disputes later on.
| Vehicle Value (VND) | Fee (VND) |
|---|---|
| Under 20 million | 200,000 |
| From 20 – 100 million | 0.1% of vehicle value |
| Over 100 million | 1 million + 0.05% of vehicle value (exceeding 100 million) |
Note:
You cannot notarize the truck sale and purchase contract yourself. According to the law, car sale and purchase contracts must be notarized by a notary public or a private notary office.
The procedures for notarizing a truck sale and purchase include:
Notary fees for installment truck purchases are similar to regular purchases. However, installment purchase contracts are often more complex, so you should carefully research the information and choose a reputable notary office.
Are you looking to buy or sell a truck? Come to Xe Tai Ha Noi – the leading reputable and trusted address in Hanoi. We offer a wide variety of trucks from famous brands such as Hyundai, Hino, Isuzu,… at the most competitive prices in the market.
Xe Tai Ha Noi is committed to providing our customers with the best service experiences:
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Truck notarization at Xe Tai Ha Noi
In addition to trucks, Xe Tai Ha Noi also offers other types of vehicles such as:
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Hopefully, this article has provided you with useful information about car notary fees. Understanding the regulations on fees and notarization procedures will help the car buying and selling process go smoothly, quickly, and safely.
Leave a comment below if you have any questions!
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