Updated Vehicle Registration Fees for Cars and Motorcycles: Why You Should Sell Your Vehicle at Motorist Vietnam
On June 30, the Tax Department announced Decision No. 2226, which adjusts the vehicle registration fees for nearly 450 models of cars and motorbikes. This update is a significant change that will impact vehicle transactions and registrations nationwide. So, how will these changes affect consumers and the sale of used cars and motorcycles? Let’s find out.
Important Changes for Cars
With 323 car models adjusted for registration fees, including 310 passenger vehicles with fewer than 9 seats, most of these are imported and domestically produced and assembled vehicles. This update also includes many electric vehicle models, a trend that is becoming increasingly popular. The adjustment in registration fees will directly affect the cost of purchasing a vehicle and provide an opportunity for consumers looking to sell their used cars. New versions or upgraded models of current car lines will help buyers easily access and purchase vehicles at a more reasonable price.
Specifically, for used cars, the adjustment in registration fees presents a fantastic opportunity to sell your used car at a higher price. Particularly, newly launched models or cars with updated listing prices will allow you to get a better price from car dealers.
Adjustment of Registration Fees for Motorbikes
In addition to cars, 123 motorbike models have also had their registration fees adjusted from June 30. Of these, 53 are imported models and 70 are locally assembled, especially electric motorbikes from VinFast and Yadea, which are dominating the market. The reduction of the registration fee for motorbikes from 5% to 2% in major cities like Hanoi and Ho Chi Minh City starting from July 1 will help consumers save costs when registering new motorbikes.
For used motorbikes, the registration fee remains at 1%. This policy will make selling used motorbikes even more attractive to consumers, especially those looking to sell their motorbikes at a higher price.
A Great Opportunity to Sell Your Vehicle for a High Price
With the changes in registration fees, now is the perfect time to sell your used car and motorbike. At Motorist Vietnam, we offer a service that helps you sell your used car and motorbike at a high price by connecting you with over 80 trusted dealers and providing a quote within 24 hours. You only need to register your vehicle’s information, and we will assist you in selling your vehicle quickly with no hidden fees.
By sending your vehicle information to Motorist Vietnam, you can receive the best quote for your vehicle and sell it at a high price. With our experienced team of experts, we are committed to providing you with dedicated and effective support.
Motorist Vietnam is a trusted platform that helps you sell used cars and motorbikes quickly and easily. Especially with the changes in registration fees and the adjustment of fees for cars and motorbikes, you will receive a higher price when selling your vehicle at Motorist. Sending your vehicle information today, and let us help you sell your vehicle at a high price.
