2018 Pickup Truck Registration Fee: The Most Detailed Update

Taxes and fees are an integral part of owning a vehicle, and the registration fee is one of them. Especially for pickup trucks, a versatile vehicle favored in Vietnam, understanding the registration fee is extremely important. This article from Xe Tải Mỹ Đình (My Dinh Truck), a website specializing in trucks and pickup trucks, will provide the most detailed and complete information about the 2018 pickup truck registration fee, helping readers understand the regulations and how to calculate the fee to prepare financially in the best way.

In 2018, the registration fee for pickup trucks was clearly stipulated in state legal documents. Accordingly, Circular 301/2016/TT-BTC is the most important legal document guiding the registration fee, including cars and other types of vehicles. This Circular stipulates the first-time registration fee rate for cars, except for passenger cars, at 2%. This means that pickup trucks, classified as “other cars that are not passenger cars,” will be subject to a registration fee of 2% of the vehicle’s value.

This 2% fee applies nationwide for the first registration of a new pickup truck. To determine whether a vehicle is a passenger car or not, the authorities will base their decision on the Certificate of technical safety and environmental protection quality issued by the registration authority. This ensures transparency and clarity in classifying vehicles and applying the appropriate fee.

For passenger cars carrying people with 9 seats or less, the initial registration fee is 10%, and may be adjusted upwards but not more than 50% depending on the decision of the People’s Council of the province or city directly under the Central Government to suit the actual conditions of each locality. However, this regulation does not apply to pickup trucks, helping pickup truck buyers save a significant amount of money compared to buying a passenger car.

In addition, Circular 301/2016/TT-BTC also stipulates the registration fee for used cars. The registration fee for used cars is 2% and applies uniformly nationwide, regardless of the type of vehicle. However, the value used to calculate the registration fee for used cars will be determined based on the value of a 100% new car and the remaining quality ratio of the car based on its usage time.

The remaining quality ratio of used cars, also known as the depreciation rate, is calculated based on the vehicle’s usage time, from the year of manufacture or import to the year of registration fee declaration. The table of remaining quality ratios is specified in detail in the Circular, helping buyers and authorities have a clear basis for determining the remaining value of the vehicle.

The tax authority will be the unit determining the registration fee for cars, including pickup trucks. This determination is based on the type of vehicle recorded in the Certificate of technical safety and environmental protection quality issued by the Vietnam Register. The number of seats on the vehicle is also an important factor, determined according to the manufacturer’s design.

In the case of imported vehicles, the determination of the vehicle type is based on the information in the “Vehicle type” section of the Certificate of technical safety and environmental protection quality of imported motor vehicles or the Notice of exemption from quality inspection of technical safety and environmental protection for imported motor vehicles issued by the Vietnam Register. For vehicles manufactured and assembled domestically, this information is taken from the Certificate of technical safety and environmental protection quality of manufactured and assembled cars or the Factory quality inspection sheet for motor vehicles.

If the above documents do not clearly define the vehicle type as a truck, the registration fee rate for passenger cars will be applied. This emphasizes the importance of carefully checking vehicle documents to ensure the correct application of the registration fee.

The Police Department issuing vehicle registration plates is also responsible for checking the vehicle type. If any errors are found in the Certificate of technical safety and environmental protection quality or related documents leading to the incorrect application of the registration fee, the Police Department will promptly notify the Registry for re-determination of the vehicle type before issuing the license plate. This ensures accuracy and fairness in the collection of registration fees.

In summary, the 2018 pickup truck registration fee is stipulated at 2% of the new vehicle’s value for the first registration. For used pickup trucks, the fee is still 2%, but the value used to calculate the fee will be adjusted according to the remaining quality ratio of the vehicle. Understanding these regulations helps pickup truck buyers be more proactive in preparing financially and completing the related legal procedures. For more detailed information and the latest updates on pickup truck registration fees, please visit the Xe Tải Mỹ Đình website regularly for the best advice and support.

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