Calculate Motorcycle On-the-Road Price in Vietnam

Are you unsure how to calculate the on-the-road price for a motorcycle in Vietnam? Don’t worry, this comprehensive guide will answer all your questions about motorcycle pricing in an easy-to-understand way.

What is Motorcycle On-the-Road Price?

The on-the-road price of a motorcycle is the total amount you need to pay to own the vehicle and legally operate it on the road. It includes:

• MSRP (Manufacturer’s Suggested Retail Price): The recommended retail price set by the manufacturer. For example, a Honda Vision has an MSRP of around 30 million VND.
• Registration Fee: 12% of the vehicle’s value in Hanoi and 10% in other provinces.
• License Plate Fee: 2 million VND in Hanoi and Ho Chi Minh City, and 500,000 VND in other provinces.
• Inspection Fee: Approximately 340,000 VND.
• Compulsory Third-Party Liability Insurance: Mandatory, around 66,000 VND per year.
• Comprehensive Insurance: Optional, about 1-2% of the vehicle’s value per year.
• Accessories: Helmets, luggage racks, window tinting, etc.

To better understand the on-the-road price of a motorcycle, you can refer to the following illustration:

Motorcycle On-the-Road Price Breakdown

In addition to the main fees mentioned above, there may be other fees depending on the specific case. For example, if you buy a motorcycle from a dealer, you may have to pay additional service fees, warranty fees, etc.

To get the most accurate on-the-road price, you should contact the dealer directly or refer to reputable websites.

To avoid unnecessary risks, you should thoroughly research information about the on-the-road price of a motorcycle before deciding to purchase.

To help you easily calculate the on-the-road price of a motorcycle, we will provide a simple calculation formula:

Motorcycle On-the-Road Price Calculation Formula

Note that this is just a general calculation formula; the actual on-the-road price of a motorcycle may vary slightly from the price calculated using this formula.

We hope you find your dream motorcycle!