How much tax is required for vehicle transfer?
3 Answers
Here is the relevant information about the costs involved in purchasing a used car: 1. Rubbing fee and processing fee: To apply for the "Motor Vehicle Property Registration Certificate", you need to go to the local vehicle management office where the "Driving License" is registered. Bring the owner's ID card, and the owner must be present in person; for "company-owned vehicles", the legal person code certificate and official seal are required. Related costs: rubbing fee and processing fee. 2. Transfer fee: An "evaluation and pricing" is required during the transfer process. Based on the "pricing", a "transfer fee" of 2.5% will be charged. 3. Photography fee: Generally, this covers the cost of two photos, including the processing fee for changing the driving license, mainly needed when updating the driving license.
When I bought a used car, I was also concerned about the taxes involved in the transfer process. The transfer tax mainly includes the vehicle purchase tax, which is borne by the buyer. The tax rate is approximately 5% to 10% of the assessed value of the car, depending on the model and engine displacement. For small-displacement vehicles, the tax rate is lower; for example, cars under 1.6L are taxed less, while large-displacement SUVs may face higher rates. Additionally, other miscellaneous fees such as administrative fees or license plate fees are required during the transfer, usually amounting to a few hundred yuan. Taking my last transaction of a used sedan worth 100,000 yuan as an example, I paid over 5,000 yuan in taxes, which immediately increased the total cost. It's advisable to check the local tax bureau policies or apps before the transfer, as rules vary by city. Save where you can and avoid being overcharged by intermediaries. It's best to handle the process at a formal vehicle management office for safety and transparency.
As an automotive professional, understanding vehicle transfer taxes is crucial. The main tax is the purchase tax, calculated based on the assessed value of the used car, with a floating rate between 5% and 10%. For example, a car assessed at 150,000 yuan would incur a tax of approximately 7,500 to 15,000 yuan. This tax isn't fixed—it depends on the vehicle's condition, age, and local policies, with major cities like Beijing typically charging higher rates. Additionally, VAT may be involved, but it's usually the dealer's responsibility; for private transactions, you typically only pay the purchase tax plus a few hundred yuan in fees. When transferring ownership, bring your ID and vehicle documents, and don't forget to check the tax breakdown. Clarifying these details early can prevent disputes. To control costs, prioritize cars with lower assessed values or new energy vehicles, as they can save you a significant amount in taxes.
