How much tax is required for a 20,000 yuan motorcycle?
3 Answers
Motorcycles are subject to a 10% purchase tax based on the pre-tax price, amounting to approximately 2,000 yuan. Below is relevant information regarding the used motorcycle transaction tax: 1. Required documents; The seller must bring the vehicle license, registration certificate, and both parties' ID cards to the local used vehicle trading market to pay the used motorcycle transaction tax. 2. Processing vehicle transfer: Bring all the documents to the traffic management office where the motorcycle was registered to process the vehicle transfer. No additional fees are charged for the chassis number imprinting and license plate. 3. Required procedures are as follows: "Motor Vehicle Registration, Transfer, and Change Application Form," copy of the motor vehicle owner's identity proof, motor vehicle registration certificate, vehicle license, and old motor vehicle license plate.
When I first bought a car, I researched the purchase tax. The motorcycle price was 20,000 yuan including 13% VAT, with a purchase tax rate of 10%. First, calculate the price excluding tax: 20,000 divided by 1.13 is approximately 17,700 yuan, and the 10% tax is 1,770 yuan. This is a unified national levy that must be paid in full when purchasing the vehicle. Additionally, don’t forget insurance costs of around 500 yuan (compulsory traffic insurance) and a 200 yuan license plate fee, bringing the total budget to over 22,000 yuan. Currently, new energy motorcycles like electric models enjoy tax incentives that can save on purchase tax, but traditional models don’t have this benefit. It’s advisable to check the tax bureau’s official website or ask the dealer for specific cost details before buying, as regional differences are minor and generally consistent. In short, for a 20,000 yuan vehicle, the tax is nearly 2,000 yuan—don’t just look at the advertised price; leave enough margin. After purchase, the annual vehicle and vessel tax is a few dozen yuan based on engine displacement, but that’s a minor expense.
Sharing some experience as a rider. The motorcycle purchase tax calculation for a 20,000 yuan new bike is straightforward: After deducting 13% VAT from the vehicle price, the base price is approximately 17,700 yuan, with a 10% purchase tax amounting to 1,770 yuan. This doesn't include insurance (I paid 450 yuan for commercial insurance last time) and registration fees, totaling around 2,000 yuan in additional costs. Currently, electric motorcycles enjoy tax exemptions on purchase tax, attracting many buyers. The policy has remained stable for ten years without changes, with small-displacement models subject to the same tax unless there are special local incentives. Dealers assist with quick tax processing, but you need to bring the invoice and ID card yourself. Overall, budgeting an extra 3,000 yuan on top of the vehicle price should cover taxes and miscellaneous fees. Don't rush into buying—ask experienced riders for details first.