Revamp of automobile license plate auction results in more than 21 billion dongs bid on multiple attractive plates within 24 hours.

In the previous month, car license plate enthusiasts have been losing interest in auto license plate auctions due to the lack of attractive plates available. However, on December 6, 2023, there were multiple intense bidding battles, resulting in the acquisition of several high-priced license plates.

Aside from the super VIP license plate 30k-567.89 that was auctioned and sold for 12.57 billion VND, there were also numerous other plates with high bidding prices, all exceeding 100 million VND. Some plates even reached bidding prices of 400-600 million VND.

Auto license plate auctions heat up as over 21 billion VND is bid on many beautiful plates in a single day

Hopefully, in the second auction session scheduled on December 16, 2023, there will be more exciting bidding battles for auto license plates. During this session, dozens of plates with repeating numbers from different provinces and cities will be available for auction, promising high bidding prices.

According to the regulations, the winning bidder of a license plate auction must settle the full bidding amount within 15 days starting from the declaration of the results. This amount will be deducted from the initial deposit of 40 million VND, but does not include any vehicle registration fees.

Subsequently, within 12 months, the winning bidder of the license plate auction must register the plate for their vehicle. Failure to meet the deadline will result in the beautiful license plate being returned to the registration system, and the winning bidder will not receive a refund of the bidding amount paid.

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