During yesterday’s online car license plate auction on December 6, 2023, an interesting event occurred. Apart from the highly coveted license plate 30K-567.89, another license plate, 47A-599.99, went through not one, but three auctions. Surprisingly, the final bidding price for this license plate was significantly lower than the previous two auctions.
In the first hour of bidding, the license plate 47A-599.99 reached its peak with a bid of 625 million VND. This price was exactly half of the initial auction price, and 885 million VND lower than the consecutive auction bids.
It’s worth noting that the license plate 47A-599.99 went through three auctions before settling at a final bidding price of 625 million VND. The buyer of this unique license plate will be relieved to know that there won’t be any need for further auctions.
To illustrate this remarkable event, take a look at the images below:
As you can see from the images, the license plate 47A-599.99 witnessed a significant drop in its price during the third auction. The winning bid settled at 625 million VND. This outcome is a positive development compared to the previous two auctions, where the license plate went unclaimed.
Looking ahead, within the next 15 days, the fate of the license plate 47A-599.99 will be decided. According to the auction regulations, the winning bidder must fulfill their obligation and pay the full amount within 15 days of the result announcement.
It’s important to note that the winning bid amount of 625 million VND will be deducted from the deposited amount of 40 million VND. However, it does not include the vehicle registration fee. As a result, the winner of the license plate 47A-599.99 auction will need to pay the remaining balance of 585 million VND.
With anticipation and excitement, we hope that the highest bidder will fulfill their commitment and completely pay for this remarkable license plate in order to avoid further auctions. Stay tuned for updates on the final outcome of the auction!
Auctioning car license plates isn’t just about making money.
On the afternoon of October 11th, following discussions, the National Assembly Standing Committee reached an agreement to submit a Draft Resolution on piloting the granting of the right to choose automobile license plates through auctions to the National Assembly, with the aim of granting more authority to the Government.
