Buying a car or motorbike in Vietnam
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- Опубліковано 23 лис 2024
- Can a foreigner buy a car or motorbike in Vietnam? Let’s talk about it!
If you’re curious about what cars are available and at their prices in Vietnam, click here: giaxeoto.vn/gi...
Buying things under someone else's name is sometimes not a good idea. About 20 years ago, my dad bought 2 houses in District 2 in his best friend's name because Vietkieu were not allowed to own houses. When he wanted to sell the first house, his "best friend" wanted 1/4 of the selling price and my dad agreed. When my dad wanted to sell the second house a few years later, his "best friend" wanted 1/2 the selling price and my dad and his GF said no. Anyways, over a year later and many court visits, the judge forced my dad to sell the house back to the owner he bought it from for the price he bought it for. He did not pay too much for the houses back then but District 2 have gone up many time his purchase price since.
Yeah, I wouldn’t do it for real estate. But a $1500 motorbike? Meh.
Absolutely, cars are expensive, a major purchase. You should weigh the risks versus benefits of buying one in someone else’s name. The strength of your relationship with the person who’s name is on the papers is definitely a factor.
I’m married to a Vietnamese national. I trust her 110%! YMMV
I don't think I can buy a car for $30,000 and register it in someone else name. Besides I will still have to pay for the car insurance. I really wanna own the car with my own name.
Thank you, that was very informative.
Glad it was helpful!
Thank you OG for this info and beautiful scene ftom the street smooth video
Thanks Eli for this video! Wow.... I didn't know car are that expensive in Vietnam and you can not negotiate the price either. I guess they are trying to keep the number of car down since their infrastructure are not ready/able to handle all the traffic such as vehicle with 4 wheels. I may have to think about it twice now to see if I want to buy a car or not when I get there.
There are cheaper cars that are still pretty good. The Honda Brio, for example. The problem is once you have it, where are you going to keep it? Parking on the street isn’t always an option, so you either pay for a parking lot, or get a house or apartment with parking. Both options cost money every month just to have a space for your car.
@@VietnamEli I have a house build in Ben Tre with two car garage... Still under contruction so I may want to wait on buying car right now... I am still thinking to see if it is make sense or not since I am not living there fulltime but thanks for all the info bro.
Renting a bike/car seems best. Local license can be a hurdle tho as pointed out in your other vid. I go to Saigon a few times a year and just use GRAB as metro pushed back yet again to 2020 or further. Have GRAB in Da Nang? Mic works great btw, no wind noise. Good info vid. Thx
Yeah, lots of Grab guys around Danang. Like I said, I would start out with a bicycle and use other options for longer distances (Grab, Vinasun taxis, buses, etc.), at least at first. Many options to rent a bike in Danang, an oversupply really.
I’ll be REALLY surprised if the HCMC metro opens next year. 2021 at the earliest is what I expect. Seems like they’ve bit off more than they can chew and seriously underestimated the cost.
Thanks for the feedback (ha) on the mic. I’m pretty happy with the new rig.
You can get Vietnamese citizenship if you married to a local making you Vietnamese by citizenship!
Another informative vlog Eli. I was looking at getting a $300 to $500 secondhand bike in Vietnam when I get there and just give it away when I leave. I want to be able to tour a bit on it. If I was just doing what Greg is doing and checking out 1 spot for an extended stay and trying to live like a local expat I'd probably just get a 49cc scooter to zip around on. Doing my own version of the Topgear tour and riding Saigon to Hanoi appeals. Watching your vids and a bit of research says I should spend a week to 10 days in Saigon and get my licence there. The one way rental option has appeal too.. A bit more expensive but a lot less hassle. Buying a clunker can add some excitement and apprehension at the same time which is kind of appealing to me as well. What about buying a 49cc scooter new? Is it a viable option for a foreigner as you don't need a licence, or still a property issue re registration so having a Vietnamese connection to buy is easier? Does your girlfriend want to own another bike on behalf of an Aussie? :)
Hi Q. There aren’t too many new 49cc bikes available (SYM makes one or two, can’t think of another), but there are many older ones (Honda Cubs, etc.). I rode around on a ‘72 Honda CL50 for a long time (which was upgraded to 110cc so it went pretty good). But, that’s a pretty small bike, and I wouldn’t trust it going out of town. If you can get your A1 license somehow, that’s the way to go, even if you have to stay in Saigon for more than 10 days to do it.
You still have the issues with buying a 49cc bike, you just don’t have the licensing issue. A friend of mine in Saigon rents a 49cc SYM because he doesn’t have a MC license and wants his insurance to cover him. If you’d like, I can find out where he got it. If you need help buying something, let’s talk about your options. It’s a little difficult if you’re not close friends or in a relationship with the person whose name is on the card (e.g., if you get stopped by the cops, or want to sell it). It would be about the same as buying a used bike and getting a blue card with someone else’s name.
Anyway, first step, I’d suggest renting a 49cc bike and then see what you want to do. I’m here to help if you need it.
Always curious why no one ride sport bikes?
There is a class of 150cc sport bikes that are very popular. Like the Yamaha Exciter, Honda Winner, Suzuki Raider, etc. As for larger bikes, I go into why they're not very popular in one of my new videos. "Owning a Big Bike in Vietnam"
How about you're a Vietnamese American you do needing a Vietnamese to help co owner too for cars, motorbikes ? How about used ( per owned ) cars you needing a Vietnamese to co owner too ? Also how the importing cars from Japan working in Vietnam ? Do the Vietnamese license plate having a stickers just like California ? How cars, motorcycles, motorbikes can you own in Vietnam ?
This is off topic of cars, but people have been asking. So, do USA citizens get a 30 day visa upon arrival at a major VN airport? And, is it best to take a bus out of the airport into the city to avoid the taxi ripoff? Finally, is it best to avoid grab in VN and stick with vinasun?
No, Americans need an existing visa, visa pre-approval letter, or visa exemption already in hand before arriving. Airlines won’t even let you board without one.
There’s no problem with taking a taxi to or from the airport, just take a Vinasun (white), Mai Linh (green) or Tien Sa (yellow, in Danang). Ignore people trying to get you into anything else. I almost always use Vinasun, had bad experience with a Grab driver once, but I use Vinasun out of habit. Download the app to summon a car and it’s very convenient.
Would you happen to know if there are high import taxes on Toyota vehicles in Vietnam? And are there any additional taxes for engine size and passenger capacity? I'm looking at a smaller Toyota car, but it has 5 seats. I'm wondering if the 5th seat will affect the tax rate. Lastly, do you know if there are any restrictions on buying commercial vehicles? The Suzuki Carry van has a low sticker price, and it's very basic, which I like, but it's classified as a commercial vehicle. Thanks.
If you take a look at the Toyota Vietnam website, they show the prices there. The tax will depend on where the car is assembled, so you can't just go by the brand, since all companies have plants in different countries. In general, cars assembled in ASEAN nations don't have high import taxes. But if they're made in Japan, US, or Europe, they are generally higher.
The Suzuki Carry van is a cool car, but not really suitable for passenger use. It's more of a commercial vehicle in the city. I'm not even sure you can use it on the highways outside the city -- it might be classified as too small.
How about ongoing registration fees?
Can I ask the cost of registration and insurance for a car?? Thank you
Well, it was included with the car last time, so I can't tell you exactly. I'll know more in a few weeks when we need to renew our insurance.
Bri how i can buy a luxary car in vietnam
How to import cars
Practically impossible for average people.
A German guy tried that for his publicity stunt but got stuck in customs.
Nice
Thanks!
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