2018 Pickup Truck Registration Tax: Calculation & Guide

Vehicle registration tax is a mandatory fee that every vehicle owner needs to understand when registering vehicle ownership. Especially for those interested in pickup trucks, understanding the 2018 pickup truck registration tax is crucial. This article from Xe Tải Mỹ Đình experts will provide detailed information and guide you on how to accurately calculate the 2018 pickup truck registration tax, helping you estimate costs and complete procedures smoothly.

Vehicle registration tax is a mandatory fee when registering vehicle ownership (Source: Collected)Vehicle registration tax is a mandatory fee when registering vehicle ownership (Source: Collected)

How is 2018 Pickup Truck Registration Tax Calculated?

To determine the 2018 pickup truck registration tax rate, we need to refer to the legal regulations in effect at that time. Although regulations may have been adjusted over time, understanding how the tax was calculated in 2018 is still very useful, especially when you are buying or selling used pickup trucks manufactured in 2018 or nearby years.

The calculation formula for used car registration tax, applicable to pickup trucks, as stipulated in 2018 (and still relevant for reference today) is as follows:

Used Car Registration Tax = Taxable Value x Registration Tax Rate

Where:

  • Taxable Value: For used cars, the taxable value is determined based on the new asset value of an equivalent vehicle and the percentage of remaining quality of the vehicle.
  • Registration Tax Rate: For pickup trucks, the registration tax rate is usually applied at a certain percentage, depending on each locality and time. In 2018, the registration tax rate for pickup trucks typically ranged from 2% of the vehicle’s value.

To clarify the taxable value, we need to consider how to determine the new asset value and the percentage of remaining quality of a used pickup truck.

New Asset Value: This is the value of a comparable new pickup truck in 2018. This information is usually obtained from the manufacturer’s list price or state management agencies.

Percentage of Remaining Quality: This is the percentage representing the remaining value of a used pickup truck compared to a new vehicle. This percentage decreases over time of use. The table below shows the percentage of remaining quality of a vehicle according to the duration of use, as applied in 2018:

Duration of Use Remaining Vehicle Value (%)
New asset 100
Within 01 year 90
From over 01 – 03 years 70
From over 03 – 06 years 50
From over 06 – 10 years 30
Over 10 years 20

Important Notes:

  • Pickup truck usage time: Calculated from the year of manufacture (2018 or earlier years) to the year of registration tax declaration. If the year of manufacture cannot be determined, the usage time is calculated from the year of first use.
  • Pickup trucks not listed in the price table: For very old or less common pickup truck models, the tax authority will have its own method of determining the taxable value based on regulations.

Guide on how to calculate registration tax for used cars, applicable to pickup trucks (Source: Collected)Guide on how to calculate registration tax for used cars, applicable to pickup trucks (Source: Collected)

Documents and Procedures for Paying 2018 Pickup Truck Registration Tax

When carrying out the procedure to pay 2018 pickup truck registration tax for a used vehicle, you need to prepare a complete dossier as required. Similar to other types of cars, the dossier for paying used pickup truck registration tax includes:

  • Registration Tax Declaration Form: Form according to the regulations of the tax authority.
  • Vehicle Registration Certificate (notarized copy): Vehicle registration certificate of the previous owner.
  • Vehicle Inspection Certificate (notarized copy): Valid vehicle inspection certificate.
  • Vehicle Sale and Purchase Agreement (notarized copy): Proof of vehicle purchase transaction.
  • Personal Identification Papers of the new vehicle owner (notarized copy): ID card/Citizen ID, Household Registration Book.
  • Other documents (if any): For example, power of attorney (if the tax payer is not the vehicle owner).

Procedure for paying 2018 pickup truck registration tax:

The registration tax payment process usually includes the following steps:

  1. Tax Declaration: You can declare tax directly at the District/District Tax Department or declare online through the Portal of the General Department of Taxation or the National Public Service Portal.
  2. Tax Payment: After receiving the tax payment notice, you can pay the tax amount at the bank or through supported electronic payment methods.
  3. Complete Vehicle Registration Procedures: After successful tax payment, you bring the tax payment receipt along with the vehicle registration dossier to the police authority to complete the vehicle ownership transfer procedures.

Paying used car registration tax online via the National Public Service Portal (Source: Collected)Paying used car registration tax online via the National Public Service Portal (Source: Collected)

Notes when paying 2018 pickup truck registration tax:

  • Submit notarized copies of documents: Only submit notarized copies of documents, keep the originals for comparison when needed.
  • Tax payment deadline: Pay registration tax within 30 days from the date of signing the vehicle purchase and sale contract.
  • Update the latest regulations: Although the article focuses on 2018, you should update current regulations to ensure compliance with the law.

Understanding the 2018 pickup truck registration tax is an important step to help you complete the vehicle purchase, sale, and registration procedures smoothly. Xe Tải Mỹ Đình hopes this article has provided you with useful information. If you have any other questions about trucks and related procedures, do not hesitate to contact us for detailed advice.

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