Drivers, expect an increase in vehicle registration price

Car fees paid when registering a passenger car could soon increase in price, as the Serbian government has set new maximum amounts of local utility fees to match inflation.

The previous increase in fees took effect on January 1, 2020, and now local self-governments will make final decisions on how much to raise these fees.

For vehicles up to 1,150 cubic meters, the new maximum amount of the local fee is RSD 710, which is an increase from the previous RSD 580. From 1,150 to 1,300 cubic meters, the maximum fee will be RSD 1,410, and it is now RSD 1,150.

The owners of the vehicles from 1,300 to 1,600 cubic meters will pay a fee of up to RSD 2,130, and the current one is RSD 1,740.

The local fee for vehicles with an engine volume of 1,600 to 2,000 cubic meters increases from RSD 2,330 to RSD 2,860. The fee for vehicles from 2,000 to 3,000 cubic meters increases from RSD 3,510 to RSD 4,300.

Finally, the highest absolute increase in the fee is for vehicles of over 3,000 cubic meters from RSD 5,800 to RSD 7,110.

Local utility fee is just one of the costs when registering a vehicle. The biggest cost is the automobile liability insurance, which depends on the type, age of the vehicle and the volume or power of the engine, while the administrative fee, state fee, administrative fee for the registration sticker, which costs 210 dinars, and the sticker itself 236 dinars are also charged.

Automobile insurance also rises in price

Secretary General of the Association of Insurers of Serbia, Dusko Jovanovic, has announced that automobile insurance will increase in price in the upcoming period.

“The last price increase took place in 2014. We have accepted, as the insurance industry, the suggestions of the National Bank of Serbia to make an effort to try together to mitigate the effect of inflation in our country.“

Izvor: Beta, BIZLife

Foto: Pixabay