Anyone who has bought or sold a used vehicle has likely wondered about the ownership transfer process. Mr. Quang, the owner of a Thaco Towner truck in Hoang Mai, Hanoi, shared, “When I bought my truck from a friend, it took forever to complete the transfer. The paperwork was overwhelming, the fees varied everywhere, and I was lucky to have someone guide me.” Mr. Quang’s story is not uncommon, as the vehicle ownership transfer process, especially for trucks, is always a concern for many.
So, what does the vehicle ownership transfer process entail? What are the correct transfer fees? This article will provide you with a detailed guide, helping you confidently transfer ownership of your beloved vehicle quickly and efficiently.
The vehicle ownership transfer documents include:
Note: For trucks, you need to provide an additional Certificate of Technical Safety Inspection and Environmental Protection for Motor Vehicles.
Step 1: Bring the documents to the police station where the seller resides to carry out the procedure of recording the change of information on the Vehicle Registration Certificate. Step 2: After completing Step 1, bring the updated documents to the police station where the buyer resides to carry out the ownership transfer registration procedure.
Note: If the buyer and seller reside in the same locality, the procedure only needs to be carried out at the police station of their residence.
Vehicle ownership transfer fees are specifically regulated by each locality and vehicle type. Typically, this fee includes:
Note: Transfer fees are subject to change based on time and regulations of each locality. You should contact the police station where the procedure is carried out directly for the most accurate information.
1. I want to buy a truck on installment, is the transfer procedure different?
Answer: The transfer procedure for a truck bought on installment is basically the same as for a fully paid vehicle. However, you need to add documents related to the loan agreement and the lender (bank or credit institution).
2. My truck’s inspection has expired, can I still transfer ownership?
Answer: According to regulations, vehicles must have a valid inspection to be eligible for ownership transfer. Therefore, you need to take your truck for inspection before carrying out the ownership transfer procedure.
3. I want to change the license plate of my truck when transferring ownership, is that possible?
Answer: Absolutely. You just need to clearly state your request to change the license plate during the procedure and pay an additional fee for the new license plate.
Vietnamese people highly value feng shui, especially when choosing a license plate. A beautiful license plate in harmony with feng shui is believed to bring luck and fortune to the owner. So, when transferring ownership of a truck, how do you choose a beautiful license plate?
According to feng shui experts, you should choose license plates with a sum of digits that are lucky numbers like 3, 6, 8, 9. Besides, you can consult reputable feng shui masters to choose a license plate that suits your age and destiny.
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With years of experience in the truck buying and selling industry, Hanoi Trucks is proud to be a trusted address for customers nationwide. We offer a wide range of trucks from reputable brands such as Thaco, Hyundai, Isuzu, Hino… meeting all your transportation needs.
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