Anh Minh, owner of a small grocery store in Hanoi’s Old Quarter, decided to buy a used truck to facilitate his goods transportation. Seeing a seemingly great deal online for a 2015 Dongfeng 4-axle truck, he hastily contacted the seller located in the distant Gia Lam district to inspect the vehicle.
Lacking experience and eager to close the deal, Anh Minh skipped the crucial step of verifying the paperwork and trusted the seller. He conducted the transaction with a handwritten agreement and only transferred the insurance policy. Later, he was surprised by a traffic violation ticket incurred by the truck before he even purchased it. He was shocked to discover he had bought a vehicle with legal issues.
Anh Minh’s story serves as a cautionary tale for anyone considering buying a used vehicle, especially a truck. Understanding the used vehicle title transfer process is crucial to avoid future problems.
The used vehicle title transfer process, including for trucks, is divided into two main scenarios:
1. Title Transfer Within the Same Province/City:
2. Title Transfer to a Different Province/City:
In addition to the documents required in scenario 1, you need to provide:
| Vehicle Type | Registration Fee | License Plate Fee | Registration and Inspection Fee |
|---|---|---|---|
| Trucks under 1.5 tons | 2% x Vehicle Value | 2,000,000 VND (Hanoi) | 340,000 VND |
| Trucks from 1.5 – 3.5 tons | 2% x Vehicle Value | 3,000,000 VND (Hanoi) | 340,000 VND |
| Trucks over 3.5 tons | 2% x Vehicle Value | 5,000,000 VND (Hanoi) | 340,000 VND |
Note: This fee schedule is for reference only. Fees may vary depending on local regulations.
You can find more information about the used vehicle title transfer fee schedule
Used vehicle title transfer fee schedule
1. Is the Title Transfer Process Time-Consuming?
The title transfer process typically takes about 7-10 business days.
2. Can I Authorize Someone Else to Handle the Title Transfer?
You can authorize someone else to handle the title transfer process. However, a legally valid power of attorney is required.
3. Can a Used Truck Purchased in Another Province Be Registered in Hanoi?
You can register a used truck purchased in another province in Hanoi according to regulations.
To protect your interests, consider the professional used truck buying process at XE TẢI HÀ NỘI:
You can view images of the professional used truck buying process at XE TẢI HÀ NỘI
Professional used truck buying process
Besides the title transfer process, you can explore more articles about used vehicle buying experiences:
We hope this information has provided a clearer understanding of the used vehicle title transfer process. We wish you success in finding your ideal vehicle and safe travels! Don’t forget to visit xetaihanoi.edu.vn for the latest updates on the truck market.
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