Tuesday , May 18 2021

"Staggered" with a 5-fold increase in car prices

Many people in HCM City have expressed different views about the maximum price of a car that is 5 times higher than the old regulation. However, new regulations will encourage businesses to invest in modern parking lots in the future.

Decree No. 35/2018 from the Ho Chi Minh City People's Committee effective starting October 1, 2015 to adjust the maximum price of car maintenance services with funds outside the state budget in the regions having the opposite opinion. different.

In particular, according to the new regulation, the price of cars is up to 9 seats and trucks with a transport volume of less than 1.5 tons, the maximum price for a turn (first 2 hours) is 35,000 VND, the next hour is a maximum of 20,000 VND. The maximum price for a monthly car is 5 million / car / month.

Car rental costs 5 times
Car users in Ho Chi Minh City may have to pay a monthly rent increase of five times.

With cars of more than 9 seats and trucks with a tonnage of more than 1.5 tons, the maximum deposit rate of 4 hours is VND 100,000. If more than 4 hours, the next 4 hours. Through monthly cars for this type of car up to 5 million VND / car / month.

Meanwhile, in Decree 6888 (December 2016) of the Ho Chi Minh City People's Committee, the maximum car rental price below 10 seats per month is from 750,000 to 1 million and cars more than 10 seats from 1 – 1.25 million.

As a result, monthly car prices have increased fivefold in less than two years. This has led to various opinions.

Mr. Nguyen Trong Dat (District 3 resident) said that he sent a seven-seat car in the car park in Hoang Sa. Monthly cars are 1.2 million VND. However, soon after knowing the rules of the new car, he was truly "shocked".

"Until coming, the owner of the parking lot has increased the price by regulation, I don't know how to handle it. My car also buys installments, besides spending money on families, every month I have to pay more than 11.6 million VND for principal and interest," said Dat.

Car rental costs 5 times
At present, HCM City really lacks modern parking spaces because companies are not interested in investing because car prices are very expensive.

According to Dat, raising the price of cars requires a more appropriate route, because the city's per capita income is now only around 18 million per month. If the cost of shipping a car is 5 million VND / month, then the car has accounted for 27% of people's income, this makes no sense.

Contrary to Pak Dat's view, Thanh Long (located in the Tan Phu district) shares, he supports the increase in car prices like today, because he believes the restrictions on city leaders' private cars are reasonable.

"The price of cars is getting cheaper, demand for cars is increasing, and technology taxi services are booming. If the means of personal development are too fast, city traffic cannot meet," Long said.

Car rental costs 5 times
According to the new regulations, the price of motorbikes also rose but was not significant.

Increase prices to have a better future?

According to the HCM City Transportation Department, the effect of adjusting the maximum price of car services cannot be seen by people. However, an increase in the level of road parking fees has been effective.

In particular, during the period of increasing parking rates under the road on 23 routes in the downtown area, cars occupy roads throughout the day as before significantly reduced.

Previously, because parking fees were only 5,000 VND / time, so many drivers made use of turning the road into a temporary parking lot throughout the day, not just temporary use, blocking traffic.

However, since August 1, costs have increased by 20,000 – 40,000 VND / car / hour, which has encouraged people to consider using the car on the CBD or Switch to other ways, thus contributing to traffic that is easier than before.

Car rental costs 5 times
Cultivation of car prices will make many people consider when using a car in the city. People may have to choose another vehicle to replace the car.

It can be seen that the increase in parking fees and maximum price adjustments for car services from the HCM City People's Committee are on the right track. Today, the number of private cars has increased. Meanwhile, the parking lot is very lacking. Businesses don't "stand out" with investments to build modern parking lots because car prices are too "sagging".

Adjusting the maximum price of parking services will encourage social capital to invest in building future parking lots in the city to overcome current parking shortages, especially in the future. downtown area.

Decree 35/2018 of the HCM City People's Committee states that the maximum price of car care services for district 1, 3 and 5 downtown areas for bicycles, electric bicycles is 2,000VND vehicles / day, VND4,000 / car / night and VND100,000 / car / month. Meanwhile, the price of motorbikes (including electric motorbikes) is divided into two groups. In particular, motorbikes are sent to schools, hospitals, bus stations, markets, supermarkets, entertainment venues, public events, children's homes, youth centers, maximum prices of 4,000 VND / vehicle / day, VND 6,000 / car / night, and VND 210,000 / car / month. Places not included in the list above will have a parking price of 6,000 VND / time of 4 hours on that day, 9,000 VND / time 4 hours at night and 310,000 VND / car / month. Last 4 hours, 4 hours later. With the decision 35/2018, night time is from 18 hours a day before up to 6 hours the next day. If the car maintenance time is less than 12 hours and the car maintenance time before 18 hours is more than the day rate and vice versa. Total car maintenance time of 12 hours or more is collected day and night.

Dai Viet

According to Economy & Consumers

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