The new fees for car registration with the real estate registration and transfer of ownership have begun
The new fees for car registration with the real estate registration and transfer of ownership have begun
The Real Estate Registration and Documentation Authority has begun implementing car registration fees and their relative fees for the year 2024 for cars (rentals, owners, and electric cars).
The Auto Club website obtained a schedule issued by the Real Estate Registration and Authentication Authority, and the fees are determined according to the model of the car to be registered.
2024 Car Registration Fees: New Charges and Process Revealed
The table contains the fees for signing the contract, the contract fees, and administrative fees. After signing the contract, the Traffic Department is notified of this matter, so the administration can transfer the car license in the name of the buyer instead of the name of the seller, and the fees are set according to the purchase value of the car that is registered in the real estate registry.
Learn about the new fees for car registration (rent and owners)
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Ahmed Zein, Chairman of the Board of Directors of Allianz Holding Company, and Chairman of the Electric Cars Committee in the Automotive Division of the Cairo Chamber of Commerce, revealed that electric cars were taken into account in updating the prices of the new registration fees in the Real Estate Registry, which was considered one of the biggest fears among owners that a problem would occur, which… It led to the buying and selling activity completely stopping.
Zain pointed out that the fees are determined according to the year of manufacture, starting from 2014 until 2024, in addition to the kilowatts, which start from 200 kilowatts and reach more than 300 kilowatts.
He explained that electric cars were facing difficulty in transferring ownership, as they were listed under the heading of “unappreciated goods,” and registration fees were assessed at 2% of the total price, including customs duties, upon each sale of the car, in addition to fees for the Bar Association’s certification of contracts. Selling by 1%, which negatively affects the spread of electric cars in the Egyptian market.
Learn about the new fees for registering (electric) cars.
(Image of drawings)