Penalties for Late Vehicle Title Transfer in Vietnam: What You Need to Know

“A well-maintained possession lasts,” especially when it comes to buying and selling used trucks. But besides the joy of owning a new “workhorse,” many people forget a crucial procedure: transferring the vehicle title. Did you know that late title transfer can lead to hefty fines? Let’s explore the penalties for late vehicle title transfer in Vietnam and essential tips to avoid unnecessary costs with Xe Tai Ha Noi!

Why Transfer Your Vehicle Title?

Transferring your vehicle title after purchase isn’t just a simple administrative procedure; it protects your legal rights. Imagine buying a used Hyundai HD120 truck from an acquaintance in Cau Giay District, Hanoi, but “forgetting” to transfer the title. If the previous owner commits a traffic violation, you could be held liable.

Latest Penalties for Late Vehicle Title Transfer

According to current regulations, vehicle owners have 30 days from the date of purchase to complete the title transfer. Exceeding this deadline will result in the following penalties:

• 30 to 60 days late: Fine from 400,000 to 600,000 VND.
• Over 60 days late: Fine from 800,000 to 1,200,000 VND.

Note: These penalties apply to both cars and trucks.

A Cautionary Tale of Late Title Transfer

Mr. Tuan, owner of a construction material store in Thanh Tri District, Hanoi, shared his “unforgettable” story about late title transfer. He bought a used Hino truck from a friend and, due to his busy schedule, completely forgot about the transfer. Over a year later, he was fined a significant amount for this oversight.

“I was shocked and rushed to complete the transfer. The fine was one thing, but the complicated and time-consuming procedures were also exhausting,” Mr. Tuan shared.

Truck fined for late title transfer

Important Tips to Avoid Late Title Transfer Penalties

• Prepare all necessary documents: Sales contract, vehicle registration, ID card, household registration book, etc.
• Double-check information on documents: Ensure accuracy and consistency.
• Complete the transfer at the authorized agency: You can visit the vehicle registration office directly or apply online via the National Public Service Portal.

FAQs about Late Vehicle Title Transfer Penalties

1. Can I transfer the title if I bought the vehicle on installment and don’t have the original documents?

You can authorize the seller (bank or lending institution) to handle the title transfer.

2. Can I transfer the title in a different province?

You can complete the title transfer procedure in any province in Vietnam.

Xe Tai Ha Noi – Your Partner on Every Road

Understanding the regulations regarding late vehicle title transfer penalties is crucial to avoid unnecessary trouble. If you are looking to buy or sell a used truck, contact Xe Tai Ha Noi for the best advice and support.

We offer a wide range of quality trucks, from Hyundai, Isuzu to Hino, at the most competitive prices in the market.

Xe Tai Ha Noi provides used truck consultation

Learn More:

• Car License Plate Fees
• Truck Bed Liner in Hanoi

Let Xe Tai Ha Noi be your partner for efficient business and transportation!