Your Guide to Buying a New Car in Vietnam

My friend Tuan, a construction materials businessman in Cau Giay, Hanoi, recently decided to purchase a new Hyundai HD120S truck to expand his business. He told me choosing a truck is like choosing a second wife; besides considering practical needs and budget, he also paid close attention to feng shui. He believed choosing a truck that complements his destiny is crucial for success and smooth sailing.

Tuan’s story resonates with many first-time car buyers in Vietnam. What is the process of buying a new car in a simple, fast, and efficient way? Let’s delve into the details with Xe Tải Hà Nội!

New Car Purchase Procedure: What You Need to Know

1. Choosing a Car that Fits Your Needs and Budget

The first and most important step is to clearly define your needs and financial capabilities.

• What is the primary purpose of the car? City driving, cargo transport, or long-distance travel?
• Do you prefer an automatic or manual transmission, a gasoline or diesel engine?
• What is your budget?

Answering these questions will help you narrow down your options to a few suitable models.

Expert Advice: Le Van Nam, a sales consultant at Thaco Truong Hai truck dealership in Long Bien, Hanoi, shares: “Customers should thoroughly research different car models, compare prices, and weigh the pros and cons of each type before making a decision. A test drive is also crucial for a firsthand experience and a realistic feel of the car.”

2. Research Prices, Dealerships, and Promotions

Once you’ve chosen your desired car model, research prices, promotions, and after-sales services offered by different dealerships. Compare prices from various sources to secure the best deal.

Note: Promotions may include direct discounts, insurance packages, accessories, or free maintenance services.

3. Complete the Purchase Procedures and Payment

After agreeing on the price and other terms, you will sign the sales contract and make the payment.

There are two common payment methods:

• Full Payment: Paying the entire car value upon signing the contract.
• Installment Payment: Paying a portion of the car value upfront (usually 30-70%), with the remaining amount financed through a bank loan with monthly installments.

Documents for car loan application

4. Vehicle Registration and License Plate Issuance

After completing the purchase, the dealership will assist you with vehicle registration and license plate issuance.

Required documents for registration include:

• Vehicle registration certificate (original).
• Citizen Identification Card/Passport of the car owner.
• Household registration book (notarized copy).
• Compulsory Motor Vehicle Liability Insurance certificate.

The license plate issuance process typically takes 7-10 working days.

5. Receive Your Car and Enjoy!

Once you receive the license plate, you can pick up your car from the dealership and embark on your journey with your new vehicle.

Latest Car Price List (Reference)

Note: This price list is for reference only. Actual prices may vary depending on the time of purchase, car version, and dealership.

Frequently Asked Questions About Buying a New Car

1. What are the procedures for buying a car with an installment plan?

To purchase a car with an installment plan, you need to prepare a loan application including:

• Citizen Identification Card/Passport.
• Household registration book/KT3.
• Proof of income (employment contract, salary statement,…).
• Documents proving the purpose of the loan.

2. Should I buy comprehensive insurance for a new car?

Comprehensive insurance is not mandatory. However, it is highly recommended for new cars to provide peace of mind while driving.

Car sales consultant advising a customer

Conclusion

We hope this detailed information on the new car purchase procedure has been helpful.

For more information on the truck market, you can also refer to articles on truck fuel costs, truck gear diagrams, and more at Xe Tải Hà Nội.

Xe Tải Hà Nội proudly provides genuine, high-quality trucks at the most competitive prices in the market. Contact us today for the best advice and support!

Address:

• Showroom 1: No. 1 Nguyen Van Linh, Long Bien District, Hanoi
• Showroom 2: No. 10 Tran Duy Hung, Cau Giay District, Hanoi

We wish you the best in finding your dream car!