In a recent car license plate auction by the Vietnam Joint Stock Auction Company, there were many license plates that fetched high prices, one of them being the plate 88A – 688.88 from Vinh Phuc province.
According to license plate enthusiasts, there are 3 plates from Bac Ninh, Dong Thap, and Vinh Phuc provinces that will have unique license plates. This is because these provinces have corresponding prefix numbers 99, 88, and 66, and the identical trailing numbers 9, 8, 6 create a seamless sequence, which is very rare to find in license plates.
Returning to the story of the auction for the 88A – 688.88 license plate from Vinh Phuc province, during the 30-minute bidding, this license plate continuously received strong bids. At the end of the auction session, the announcement from the Vietnam Joint Stock Auction Company showed that the 88A – 688.88 plate was sold for 3,035,000,000 VND.
The winning bid for the 88A – 688.88 license plate is equivalent to the price of a BMW X4 car, and even much higher than many popular car models on the market such as the Mercedes-Benz GLC 200, Mercedes-Benz C300, Audi A4, or Porsche Macan, which are priced at around 3.35 billion VND.
According to regulations, the winner of the car license plate auction has to pay the full amount within 15 days from the date of the announcement of the result. This amount is offset by the deposit amount (40 million VND), but does not include the vehicle registration fee.
Afterwards, within 12 months, the winner of the license plate auction has to register this plate for their car. If the deadline is missed, this beautiful license plate will be transferred to the registration and vehicle management system, and the winning bidder will not be refunded the paid auction amount.