Bustling with beautiful license plates for sale at 'huge' prices
Beautiful license plates are being sold by many people on social networks at expensive prices, sometimes even double or triple the real value of normal motorbikes and cars.
Bustling buying and selling
According to Lao Dong reporters, the market for buying and selling motorbikes and cars with beautiful license plates has been very active in recent days as many people continuously post news, actively hunt for and collect license plates and beautiful car models to sell and make a profit.
Mr. Minh Tien (phone number 0978923xxx, selling used motorbikes on Chua Ha street, Cau Giay district, Hanoi) shared with Lao Dong reporter on the morning of July 3, 2023 that the regulation is still at the pilot level, there is always a delay, so the trading of motorbikes with beautiful license plates is still going on normally, even the price is increasing.
Mr. Tien is selling a pair of old Dream motorbikes with beautiful license plates xxx6868, xxx12345 for over 80 million VND each, but many people have made appointments and expressed their desire to come see them in person.
Not only is buying and selling cars bustling, on many social networking groups and forums recently, there has been continuous information about searching and collecting four-digit and five-digit license plates at sky-high prices: "Price 70 million VND, I need to find and buy four-digit motorcycle license plates such as 2222, 3333, 5555, 6666, 8888, 9999, if anyone has one, inbox quickly" - a Facebook account Viet Cuong posted a search message.
Considering that the new circular on identifying license plates is a hot topic of discussion across forums and groups for cars with beautiful license plates, Mr. Pham Viet Hoang (born in 1987, selling cars with beautiful license plates in Ninh Binh) shared that if a four-digit license plate (4 identical numbers) for a car previously cost about 200 - 400 million VND, currently cars with four-digit license plates are being traded at high prices, ranging from 500 million VND to nearly 1 billion VND.
Even a 2017 Hyundai Grand i10, which had run 56,000 km, but because it had a nice license plate, a friend of his just sold the car for 800 million VND, nearly double its real value.
Comprehensive digital transformation, applying identification license plates
The Ministry of Public Security recently began soliciting opinions on a draft Circular regulating the issuance and revocation of registration and license plates of motor vehicles to replace Circular 58/2020/TT-BCA.
Accordingly, the new highlight of this circular is the management of vehicle license plates according to identification. Specifically, the upcoming identification license plate will follow the vehicle owner for life but cannot be bought, sold or transferred; each vehicle owner will be allowed to own multiple license plates.
Many business owners of beautiful license plate cars in Hanoi said that in the past, people who bought motorbikes and cars were often more concerned about the quality of the car, but recently, many people are willing to spend a large amount of money to buy a car just to get a beautiful license plate to do business or to save to install on another car they own later.
Speaking to the press recently, Major General Le Xuan Duc - Deputy Director of the Traffic Police Department (Ministry of Public Security) - stated that the issuance of identification plates is a breakthrough to change the management method of State agencies for vehicle owners, contributing to the effective implementation of the national digital transformation task, serving State management agencies in handling administrative violations and the responsibilities of vehicle owners when participating in traffic.
According to the draft, randomly issued license plates (without auction) are all identification license plates, so when selling a car, the owner must keep them and cannot sell the car with the license plate attached. However, in the case of a car with a license plate that wins the auction, the license plate will be sold with the car as currently.
Correct understanding of auctions and license plate identification
The first auction of car license plates is scheduled to take place from August 15-20. According to a representative of the Traffic Police Department, Ministry of Public Security, each quarter, the department will provide about 100,000 license plates for auction.
According to Deputy Director of the Traffic Police Department, Ministry of Public Security, Major General Le Xuan Duc: The purpose of the vehicle license plate auction is to take the people as the center of service, meet all people's wishes, reform administrative procedures, measure people's satisfaction and increase budget revenue for the State.
To implement this work, the leaders of the Ministry of Public Security have directed the Traffic Police Department to coordinate with functional units to develop legal documents to implement this auction.
These are: Resolution 73 of the National Assembly, Decree 39 detailing a number of articles of Resolution 73, effective from July 1, 2023. At the same time, build 2 Circulars to replace Circulars 58 and 59 on registration and management of vehicles auctioning car license plates and vehicles after auction.
The implementation of the license plate auction marks a new step forward, which is vehicle registration for auction cases and vehicle registration according to citizen identification codes. Accordingly, people can participate in the auction in all localities across the country.
For example, people in Ho Chi Minh City can bid for license plates in Hanoi. When they win the auction, they just need to bring their vehicle to Ho Chi Minh City to register.
In order to implement the program of digitalizing records, people can register their vehicles at their place of permanent residence, place of residence, only need to have a Citizen ID card to be able to register a vehicle. The entire vehicle registration process is carried out in an electronic environment.
Explaining about license plate identification, Major General Le Xuan Duc said that license plate identification is a fairly new phrase. It can be understood that a license plate is like a phone sim, which can be installed on any device.
Thus, when the vehicle owner sells his car, he still retains the license plate to register the new vehicle he owns. This helps the state management, especially in handling administrative violations. The starting price for the auction will be 40 million VND, equivalent to 5% of the value of common cars in circulation.
