Do You Need a New License Plate When Transferring Truck Ownership in Vietnam?

Anh Tuan, a grocery store owner in Hanoi’s Old Quarter, recently purchased a used Hyundai truck from a friend. Thrilled with the convenience it offered for transporting goods, his excitement was soon tempered by a nagging question: “Do I need to change the license plate when transferring ownership?” He was concerned because he’d heard that license plates could influence luck, and his friend’s truck had a very auspicious one.

Anh Tuan’s concern is a common one for many people considering buying a used vehicle in Vietnam. So, do you have to change the license plate when transferring ownership of a truck? Let’s delve into the details with Hanoi Trucks!

Does Transferring Truck Ownership Require a New License Plate?

Under current regulations, when transferring ownership of a vehicle, you can keep the existing license plate or choose a new one. This applies to both cars and trucks.

However, keeping the old license plate is only possible if the license plate is owned by the seller. If the license plate is registered as a temporary “sticker” plate, it must be changed to a new one when ownership is transferred.

Benefits of Keeping the Existing License Plate:

• Cost Savings: You avoid the fees associated with obtaining a new license plate.
• Convenience: The transfer process is simpler and faster.
• Sentimental Value: Many people wish to keep their old license plate for reasons of luck or personal attachment.

Benefits of Getting a New License Plate:

• Choice of Plate Number: You can select a license plate number based on your preferences or beliefs regarding lucky numbers.
• Avoid Potential Issues: In case the previous owner had outstanding fines or legal issues related to the vehicle, a new license plate helps you avoid inheriting those problems.

A man inspecting a used Hyundai truck.

Vehicle Ownership Transfer Fees at Hanoi Trucks

Note:

• The prices listed above are for reference only. Actual prices may vary depending on the vehicle type, procedures, and time of year.
• For the most accurate quote, please contact Hanoi Trucks directly at 09xx.xxx.xxx.