Recently, car enthusiasts in Thanh Hoa were treated to the sight of several high-end cars with fancy license plates up for auction. One particular vehicle that caught our attention was a 2023 Lexus RX350 with the license plate 36A-990.99 cruising through the streets of Thanh Hoa.
According to our research, the license plate 36A-990.99 was auctioned online by Vietnam Joint Stock Auction Company on October 18, 2023, between 09:30 and 10:30. After an intense bidding war that lasted an hour, this stunning license plate was sold for a record-breaking price of 120 million VND.
The license plate 36A-990.99 fetched a staggering bid of 120 million VND during the auction.
The option for individuals to bid on car license plates has created a golden opportunity for affluent citizens to acquire their desired personalized plates. Once the auction for the license plate 36A-990.99 was won, a wealthy individual from Thanh Hoa wasted no time fulfilling their financial obligations, which included an additional payment of 80 million VND to secure ownership of this exquisite license plate.
Without delay, this fortunate individual proceeded to purchase a brand-new 2023 Lexus RX350 worth over 3.43 billion VND to match with the 36A-990.99 license plate. Now, both the license plate and the car complement each other perfectly in terms of elegance, rarity, and value. It’s not uncommon for well-to-do Vietnamese individuals to choose the Lexus RX350 2023 as their vehicle of choice after winning an auction.
The Lexus RX 2023 model lineup in Vietnam consists of four versions: RX 350 Premium, RX 350 Luxury, RX 350 F Sport, and RX 500h F Sport Performance.
The expected price for the Lexus RX 350 Premium 2023 is approximately 3.43 billion VND. The corresponding figures for the Lexus RX 350 Luxury 2023 are 4.33 billion VND, while the RX 350 F Sport and RX 500h F Sport Performance are priced at 4.72 billion VND and 4.94 billion VND respectively.
Both of these Lexus RX350 2023 models will also be registered with auction license plates from Thanh Hoa, namely 36A-995.99 and 36A-996.99 respectively.
Beneath the hood of the Lexus RX350 with the license plate 36A-990.99 resides a powerful 2.4L inline 4-cylinder petrol engine equipped with DOHC and Dual VVT-i technology. It is capable of producing a maximum power output of 275 horsepower at 6,000 rpm and a peak torque of 430 Nm at 1,700 – 3,600 rpm. The engine is mated to an 8-speed automatic transmission.
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.
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