Used Truck Registration Fees in Hanoi (2019)

Buying and selling vehicles, especially in Hanoi’s bustling used truck market, requires understanding the registration process. Knowing the 2019 used vehicle registration fees will empower you to navigate the buying process confidently and avoid unnecessary disputes. This article provides essential information about these fees, ensuring a smooth and successful transaction in the trucking business.

What are Used Vehicle Registration Fees (2019)?

Used vehicle registration fees are mandatory payments required when transferring ownership of a pre-owned vehicle. The fee is calculated as a percentage of the vehicle’s value and varies by region.

Why Pay Used Vehicle Registration Fees?

Paying registration fees is a civic duty that contributes to government revenue for infrastructure and transportation development. Furthermore, paying these fees ensures legal ownership of the vehicle, allowing you to operate it without legal concerns.

2019 Used Vehicle Registration Fees in Hanoi

Example: Mr. Minh from Cau Giay District, Hanoi, buys a used truck manufactured in 2019 for 200 million VND. He needs to pay a registration fee of: 200,000,000 x 2% = 4,000,000 VND.

Important Considerations for 2019 Used Vehicle Registration Fees

• The registration fee is based on the vehicle’s value determined by the relevant authority, not the price listed in the sales contract.
• Vehicle value is determined by factors like make, model, year of manufacture, mileage, and condition.
• Carefully inspect the vehicle’s documentation before purchasing to avoid buying a vehicle with existing disputes or liens.

Used truck in Hanoi