On December 22, 2023, the Vietnamese auction company conducted an auction for customers to choose from a selection of 7,000 license plates. Among the available options, there were several rare and unique plates, with the standout being 11A-111.11, the plate from Cao Bang province. After 30 minutes of bidding, the coveted plate was sold to the highest bidder, who paid nearly 9 billion VND.
Recently, the Traffic Police Department (Ministry of Public Security) disclosed that the buyer has made a full payment of 8.78 billion VND to the designated bank account for the auction of license plates. After deducting 40 million VND from the auction deposit, the remaining amount owed by the buyer is 8.74 billion VND.
Currently, many individuals are curious about the luxury car that the highest bidder, who paid nearly 9 billion VND for the 11A-111.11 license plate, will register. Speculation ranges from supercars, luxury cars, super luxury SUVs, to regular car models.
As per the current regulations, the winner of the auction for the 11A-111.11 license plate has to register this plate for their vehicle within 12 months. Failure to do so will result in the transfer of this beautiful plate to the registration and vehicle management system, with no refund provided to the winning bidder who paid 8.78 billion VND.
It is important to note that the winning bid of nearly 9 billion VND for the 11A-111.11 license plate is comparable to the price of a Lexus LX600 or many other luxury SUVs and expensive luxury cars.
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