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Intellectual people
The registration fee support policy can only be applied until the end of this year, without extending until 2021, buyers of domestically manufactured and assembled cars will benefit from preferential treatment.
Faced with the difficulties caused by the complexity of the epidemic, on June 28 the Government issued Decree No. 70/2020 / ND-CP, which reduced the registration fee for real cars by 50%. domestic export and assembly compared to before. This incentive policy will be valid until December 31, 2020.
The company’s 50% reduction policy in registration and promotion fees helped the automotive market flourish in the final months of the year. Image: Dinh nam
The Finance Ministry believes that reducing the car registration fee is only a short-term solution to stimulate domestic consumption and eliminate difficulties for companies. This agency proposed to the Government not to continue considering extending, the reduction of the registration fee must expire on January 1, 2021.
Thus, Vietnamese customers will have more than a month to buy a car and will enjoy a 50% discount on the registration fee. In fact, with the support measures of the Government as well as with the business strategy of the car manufacturers, the number of cars sold in recent months has been positive.
Only in October, the volume of cars assembled in the country reached 20,498 units, 15% more than the previous month and 25% more than in the same period last year. Meanwhile, 2020 is considered a difficult year for the overall car market. Auto sales in November and December are expected to continue to flourish.
Buy a “run” car with a preferential registration rate
Registration fees are determined according to the percentage of each type of vehicle and location at the time of registration. The registration fee (not reduced by 50%) for the car in Hanoi, Quang Ninh, Hai Phong … is 12% of the value of the car; Ho Chi Minh City 10%, Ha Tinh 11% … Particularly for vans, the registration fee is 60% of the initial fee for a car.
Buyers of domestically produced luxury cars in 2020 can save hundreds of millions of money
Therefore, customers buy a Mercedes-Benz S 450 Luxury at a price of VND 4.969 million. The registration fee payable in the past if the owner in Hanoi is 12% x 4.969 billion = 596 million VND, but this year’s purchase will only have to pay 298 million VND. The rolling cost of popular models like Hyundai Grand i10, VinFast Fadil … also reduced several tens of millions of dong.
The Finance Ministry estimates that the 50% reduction in registration fees for domestically manufactured and assembled cars will reduce the state’s total budget revenue by approximately VND 3.7 billion.
Hot car “sold out” at the end of the year
Since the end of September, KIA dealers have stopped accepting Seltos to guarantee delivery in 2020. Customers who want to own this model may have to wait a few months to receive them, but due to the “hot” car, the list is still waiting. is long. If you receive the car in 2021, the KIA Seltos break-in cost may increase by more than 30 million VND.
VinFast Fadil, Kia Seltos fell into stock shortage
Similarly, VinFast Fadil also fell into a “out of stock” situation at the end of the year. This model is the best-selling model in the A-size hatchback segment and is consistently among the top 10 best-selling cars on the market. Some customers who order Fadil in November are scheduled to deliver the car early next year.
Not just popular cars, luxury cars like Mercedes-Benz GLC also fell into a state of scarcity. According to a distribution unit, this model has a significant increase in sales after enjoying a 50% reduction in registration fees, causing customers to wait for the car to roll out.
Experts predict that manufacturers may offer pricing policies, apply additional incentives to maintain sales after the registration fee reduction policy expires. Some new models are also launched and sold from the beginning of next year like Honda City, Hyundai Accent.
Dinh nam
