How to Calculate the Transfer Fee for Used Cars?
4 Answers
The calculation method for the transfer fee of used cars is as follows: 1. Cost for obtaining the 'Motor Vehicle Property Registration Certificate': Before transferring a car, you need to obtain the 'Motor Vehicle Property Registration Certificate,' with related costs including a rubbing fee and a processing fee totaling 58 yuan. 2. Transfer handling fee: The handling fee for car transfer is based on the appraised value, charged at a rate of 2.5%. For example, if a used car is sold for 110,000 yuan and the appraised value is 100,000 yuan, the transfer handling fee will be calculated based on the appraised value of 100,000 yuan, resulting in 100,000 yuan × 2.5% = 2,500 yuan. 3. Vehicle photography fee: Vehicle photography is mainly used for changing the driving license, costing 20 yuan for 2 photos. 4. Storage fee: When buying a car in a trading market, a storage fee of 150 yuan is usually required, applicable to both new and used cars.
I just helped a friend complete the vehicle transfer process. It looks simple, but the actual costs vary wildly across regions! It mainly breaks down into three parts: a 0.5% transaction tax based on the assessed vehicle value—I paid 250 RMB for my old car valued at 50,000; license plate fees are around 100 RMB nationwide; the most outrageous is the agent fee, with scalpers outside the DMV charging 800 RMB upfront. In reality, doing it yourself only takes half a day, and photocopying documents + filling forms is basically free. If you're in a city with migration restrictions, add another 300-500 RMB for emissions testing. As long as the total doesn’t exceed 1,000 RMB, you’re not being scammed.
Last time I transferred ownership of my little Fit, I found the fees depend entirely on the car's value. The DMV system estimates a price based on the model and year—my 2009 car was assessed at 38,000 RMB, so I paid a 1% transaction tax of 380 RMB. The steel stamp and number rubbing cost 20 RMB, new license plates were 120 RMB, and photocopying fees were just a few bucks. An agent quoted me 500 RMB for service fees, but I handled it myself instead. If you're transferring registration across cities, there's an additional temporary plate fee, bringing the total to just over 600 RMB. Remember to bring a copy of the original owner's ID—forgetting this is the most annoying thing because it means a wasted trip.
Simply put, the used car transfer fee consists of fixed and variable parts. The fixed fees are uniform nationwide: reflective license plate 100, vehicle license 15, registration certificate 10. The variable part is the transaction tax, calculated as a percentage based on the used car transaction invoice or appraisal value. In Shandong, it was 1%, while in Jiangsu it's only 0.5%. Luxury cars require special attention to inflated appraisal values - I've seen a BMW appraised 30,000 higher than actual price, resulting in 1,500 extra tax. Bringing the original owner can save over 300 in notarization fees.