How is the vehicle transfer fee calculated?
2 Answers
Vehicle transfer fees are calculated based on different standards depending on the vehicle's displacement, age, type, load capacity, etc. The fee standards also vary by region. Here are the detailed explanations: 1. Engraving and document fee: approximately 50 yuan. 2. Transfer service fee: 0.25%~0.5% of the vehicle's assessed value. 3. Vehicle photography fee: approximately 30 yuan. 4. Required documents for vehicle transfer include: vehicle registration certificate, driving license, license plate number, original and photocopies of both parties' ID cards, vehicle invoice, etc.
I've been buying and selling used cars for many years. The transfer fees vary by location, but they generally consist of several components. The transaction fee is around 200-300 RMB, the license plate production fee is just over 100 RMB, and some places charge an additional 1% to 2% evaluation fee based on the assessed value. Big cities like Beijing and Shanghai have slightly higher fees, while smaller cities are cheaper. For older vehicles, there's an additional 50-60 RMB emission testing fee. The most expensive part is actually the agency services, where they charge 500-1000 RMB in service fees. In reality, you can complete the process yourself at the DMV in half a day by bringing both parties' ID cards, the vehicle title (green book), and the registration certificate. Just remember to check for any outstanding traffic violations on the mobile app beforehand to avoid making a wasted trip.
