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Car Purchase Taxes and Fees in Vietnam: A Comprehensive Guide

LONG

14/02/2025

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Car

“Is buying a car easy or difficult?” This seemingly simple question troubles many prospective buyers. Besides choosing the right car that meets their needs and budget, buyers must also thoroughly understand the taxes and fees associated with car purchases. These costs can sometimes become a significant barrier, making many hesitant to invest in a new vehicle.

So, what taxes and fees are involved in buying a car? How can you accurately calculate the total cost? Let’s delve into the details with XE TẢI HÀ NỘI in this comprehensive guide.

Types of Taxes and Fees for Car Purchases in Vietnam

Understanding the various taxes and fees associated with buying a car will help you accurately budget and avoid surprises during the purchasing process. Here’s a detailed breakdown of each type:

1. Special Consumption Tax (SCT)

Applies to: All cars manufactured or assembled domestically, as well as imported vehicles.
Tax Rate: Varies depending on engine displacement, ranging from 35% to 150%.

Example: Mr. Minh in Cau Giay District intends to purchase a Hyundai H100 truck (2.5L engine). The SCT he must pay is 40% of the vehicle’s value.

2. Value Added Tax (VAT)

Applies to: All cars.
Tax Rate: 10% of the vehicle’s value.

Note: VAT is calculated on the vehicle’s value after adding the SCT.

3. Registration Fee

Applies to: All cars upon initial registration.
Tax Rate:
- Hanoi: 10% of the vehicle’s value.
- Other provinces: 2% of the vehicle’s value.

Example: Ms. Lan in Thanh Tri District buys a Thaco Towner 990 truck (light truck). The registration fee she must pay is 10% of the vehicle’s value.

4. Other Fees

In addition to the three main taxes and fees mentioned above, you’ll also need to pay for:

License Plate Fee: Varies by location, ranging from 1 to 22 million VND.
Compulsory Civil Liability Insurance: Mandatory for all vehicles on the road.
Annual Road Maintenance Fee: Payable annually.
Vehicle Inspection Fee: Payable periodically.

Car Purchase Tax and Fee Table (Reference)

Vehicle Type	Engine Displacement	SCT	Registration Fee (Hanoi)
Passenger Car	Under 1.5L	40%	10%
	1.5L – 2.0L	45%	10%
	Above 2.0L	50% – 150%	10%
Truck	Under 2.5L	35%	10%
	2.5L – 3.0L	40%	10%
	Above 3.0L	45% – 150%	10%

Note: This table is for reference only. Actual tax and fee rates may vary depending on government policies and local regulations.

Car Tax Calculation

Frequently Asked Questions about Car Purchase Taxes and Fees

1. Do I need to pay the full registration fee upfront when buying a truck on installment?

Answer: Yes. When purchasing a truck on installment, you still need to pay 100% of the registration fee to the tax authorities.

2. Do I have to pay VAT when buying a used car?

Answer: No. VAT only applies to new cars. You do not have to pay VAT when buying a used car.

3. Should I buy a truck during the Ghost Month?

Answer: According to Vietnamese folklore, the Ghost Month (the 7th lunar month) is considered inauspicious for purchasing large items like vehicles. However, this is just a belief, and the decision of when to buy a car depends on individual needs and preferences.

Tips for Buying a Truck at XE TẢI HÀ NỘI

For a smooth and successful car buying experience, consider these tips:

Choose a reputable dealer: Prioritize large and reputable dealerships like XE TẢI HÀ NỘI (located in Cau Giay, Hanoi) to ensure product and service quality.
Thoroughly research the vehicle: Carefully examine the specifications, features, advantages, and disadvantages of each truck model before making a purchase decision.
Negotiate the price: Don’t hesitate to negotiate the price with the salesperson to get the best deal.
Inspect the vehicle thoroughly: Before receiving the car, thoroughly inspect the exterior, interior, engine, and vehicle documentation.

Conclusion

We hope this article has provided you with valuable information about car purchase taxes and fees. If you have any further questions, please contact XE TẢI HÀ NỘI for detailed advice.

Let XE TẢI HÀ NỘI accompany you on every journey!