Winner of Auction for License Plate 11A-111.11 Pays Full Price of 8.78 Billion VND, Awaits Registration of VIP Vehicle

According to information from the Traffic Police Department of the Ministry of Public Security, the winner of the auction for license plate 11A-111.11 has fulfilled their financial obligation, which means they have paid the full amount of 8.78 billion Vietnamese dong for the most prestigious VIP license plate in Vietnam. It is currently unknown which vehicle the winner intends to register this license plate for.

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On December 22, 2023, the Vietnamese auction company conducted the auction of 7,000 license plates for customers to choose from. Among them, there were many rare and unique plates, with the standout being 11A-111.11, the plate of Cao Bang province. After 30 minutes of bidding, the coveted plate 1 was sold to the highest bidder, reaching nearly 9 billion VND.

Recently, information from the Traffic Police Department (Ministry of Public Security) revealed that the buyer has paid the full amount of 8.78 billion VND to the designated bank account for auctioning license plates. Of this, the buyer only needs to pay 8.74 billion VND, deducting 40 million VND from the auction deposit.

Currently, many people are wondering which luxury car the highest bidder who paid nearly 9 billion VND for the 11A-111.11 license plate will register, whether it is a supercar, luxury car, super luxury SUV, or regular car models.

According to current regulations, within 12 months, the winner of the auction for the 11A-111.11 license plate must register this plate for their car. If the deadline is missed, this beautiful plate will be transferred to the registration and vehicle management system, and the winning bidder will not be refunded the paid amount of 8.78 billion VND.

It is worth noting that the winning bid for the 11A-111.11 license plate is equivalent to the price of a Lexus LX600 or many other luxury SUVs and expensive luxury cars.

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