In today’s car license plate auction, April 5, 2024, there was a big surprise when the license plate 30K-999.99 was put up for auction again, specifically, this super VIP license plate was previously auctioned on January 13, 2024 from 10:15 AM to 10:45 AM, and won the bid for 75.275 billion VND.
This second time around, the super license plate 30K-999.99 had a winning bid of only 30.655 billion VND, equal to the starting price of a Rolls-Royce Cullinan super luxury SUV and many other expensive supercars.
According to regulations, the winner of the car license plate auction must pay the full amount of the winning bid within 15 days from the date of the announcement of the results. This amount is deducted from the advance deposit (40 million VND) but does not include the vehicle registration fee.
Subsequently, within 12 months, the person winning the bid for the license plate must register the license plate for the car; if the deadline is missed, this beautiful license plate will be transferred to the vehicle registration and management system, and the winner of the bid will not be refunded the winning bid amount that has been paid.
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.