How much tax is required for second-hand car transfer?

[DiMorgan]

When transferring a second-hand car, a transfer handling fee is required, which amounts to 2% VAT. It should also be noted that when processing the transfer of a car, the relevant documents and certificates required for the transfer procedure must be provided, including ID card, organizational code certificate and official seal for company vehicles, vehicle registration certificate, vehicle license, original purchase invoice, transfer invoice for non-first-hand vehicles, insurance policy, and second-hand car sales contract. The buyer should inspect the car for any violations, photocopy the necessary documents, submit the documents and pay the transaction fees, receive the transaction documents and invoice. After obtaining the second-hand car transaction invoice, the buyer can then proceed to the trading market to complete the transfer procedure. When processing the transfer procedure, any traffic violations or unresolved traffic accidents involving the car must be settled before the transfer can be completed. The transfer procedure for motor vehicles can be completed within one working day, at which point the ownership of the motor vehicle changes.