Car Ownership Transfer Fees: 2023 Guide & Procedures

Car Ownership Transfer Fees: 2023 Guide & Procedures

18/02/2025
0 Comments

“Take care of your belongings, and they will last” – This old proverb still holds true today, especially when it comes to valuable assets like cars. However, life is dynamic, and vehicle needs change. Buying and selling, transferring ownership of trucks and cars has become more common. Mr. Tuan, owner of a grocery store on Hang Buom Street, Hoan Kiem District, shared: “I want to trade in my old truck for a new Hyundai truck at the Hyundai Truong Chinh dealership to better suit my current business needs.”

Understanding the process, procedures, and especially car ownership transfer fees is crucial for a smooth and quick transaction, avoiding unnecessary disputes. This article from XE TẢI HÀ NỘI will provide you with the most detailed information on this matter.

What are Car Ownership Transfer Fees?

Car ownership transfer fees are the fees that vehicle owners must pay to competent state agencies when carrying out vehicle ownership transfer procedures. These fees are specifically regulated in Circular No. 229/2016/TT-BTC dated November 11, 2016, of the Ministry of Finance.

Car Ownership Transfer Process

To transfer car ownership, you need to follow these steps:

1. Prepare the Dossier

The car ownership transfer dossier includes:

  • Original vehicle registration certificate.
  • National ID card/Citizen ID card/Passport of both the seller and the buyer.
  • Vehicle sales contract (or other legally valid documents proving vehicle ownership transfer).
  • Current year’s vehicle tax payment certificate.
  • Vehicle registration application form according to the prescribed form.

2. Submit the Dossier and Fees at the Police Authority

Bring the prepared dossier to the Road and Railway Traffic Police Department (PC08) of the Provincial/City Police where the buyer resides.

3. Vehicle Inspection

The dossier receiving officer will inspect the chassis number and engine number of the vehicle and compare them with the information on the documents.

4. Receive Results

After completing the procedures, you will receive a Vehicle Registration Certificate in the name of the new vehicle owner.

Latest Car Ownership Transfer Fee Table 2023

Region Vehicle Type Vehicle Registration Tax Rate License Plate Fee
Hanoi Passenger car 10% 2,000,000 VND
Truck 2% 500,000 VND
Ho Chi Minh City Passenger car 10% 1,000,000 VND
Truck 2% 200,000 VND
Other provinces/cities Passenger car 2% 200,000 VND
Truck 2% 150,000 VND

Note:

  • The vehicle registration tax rate is calculated based on the vehicle’s value as determined by the tax authority.
  • The fee table above does not include vehicle registration service fees.

Frequently Asked Questions about Car Ownership Transfer Fees:

Question 1: I bought a used truck in Long Bien District, Hanoi, but my permanent residence is in Thai Binh. Can I carry out the car ownership transfer procedure in Hanoi?

Answer: Yes. According to current regulations, you can carry out car ownership transfer procedures in any province or city nationwide.

Question 2: I want to transfer ownership of my Thaco truck to my son. Is the vehicle registration tax rate reduced?

Answer: Transferring vehicle ownership to family members still requires full procedures and fee payment as usual.

Question 3: I heard that license plates are also related to Feng Shui?

Answer: That’s right. Many people believe that beautiful, Feng Shui-harmonious license plates bring luck and fortune to the owner. According to Feng Shui expert Le Van Thanh in the book “Applied Feng Shui,” choosing a license plate that suits your age and destiny can increase good fortune and reduce risks when participating in traffic.

Lucky car license plate for Feng ShuiLucky car license plate for Feng Shui

Advice from XE TẢI HÀ NỘI

  • Thoroughly check vehicle documents and verify the vehicle’s origin before buying or selling to avoid buying stolen vehicles or vehicles of unknown origin.
  • Choose reputable units like XE TẢI HÀ NỘI for consultation and support in completing car ownership transfer procedures quickly and conveniently.

Conclusion

Hopefully, this article has provided you with useful information about car ownership transfer fees. If you are looking to buy or sell a truck, please contact XE TẢI HÀ NỘI immediately via hotline 0987.654.321 for the best advice and support.

See more: