Thursday, November 21, 2024

License Plate Public sale: Conventional vs. Customized Plates

Since 2006, the Transport Division has provided a car registration quantity public sale scheme, which has been in style amongst automotive house owners. Many have give you artistic plate numbers like “0NLY Y0U” and “1 LUV U” to make their automobiles stand out.

Historically, the Transport Division opens functions for customized license plates in January, Might, and September every year, adopted by auctions the place bids are positioned. Automobile house owners involved in customized license plates should submit their functions inside the specified time and attend the public sale in individual. Along with customized plates, the Transport Division additionally sometimes holds auctions for conventional license plates.

Not too long ago, the Transport Division introduced that it’ll transfer auctions on-line later this yr. This information will delve into the variations between conventional and customized license plates, the appliance procedures and essential factors for each, and take part in on-line auctions for desired license plate numbers.

Conventional License Plates vs. Customized License Plates

Conventional License Plates

Conventional license plates are categorized into “peculiar car registration numbers” and “particular car registration numbers.”

Abnormal Car Registration Numbers: These are the commonest license plate codecs seen on the roads. They usually consist of two letters adopted by 1 to 4 digits, excluding sure letter combos like “AM,” “LC,” and “ZG.” For instance, WS 1226 or NW 1987.

Particular Car Registration Numbers: These include as much as 4 digits or 2 letters (excluding “AM,” “LC,” and “ZG”) adopted by any quantity from the particular checklist in Schedule 5 of the Hong Kong Legal guidelines. For instance, BJ 7 or 2182. Observe that “peculiar car registration numbers” could be freely transferred, whereas “particular car registration numbers” can’t be transferred.

Customized License Plates

【車牌號碼拍賣】傳統及自訂車牌 - 價錢、流程及技巧(附網上拍賣資料)

Because the title suggests, customized license plates could be composed of any mixture of letters and numbers, topic to the next circumstances:

  1. Should include letters and/or numbers, with a complete of not more than 8 characters.
  2. Letters “I,” “O,” and “Q” should not allowed.
  3. Every area counts as one character within the complete.
  4. No a couple of area between any two letters or numbers.
  5. Not more than 4 consecutive equivalent letters or numbers.
  6. If displayed in two strains, every line can have as much as 4 letters, numbers, or areas.
  7. Should not be the identical as present license plates.
  8. Should not be offensive or indicate any unfavorable connotations or triad associations.
  9. Should adjust to Hong Kong legal guidelines.

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Conventional License Plate Utility Process

Stage 1

Apply for a license plate on the Transport Division’s web site (a direct HK$1,000 deposit is required. In case you win the reserved registration quantity, the deposit might be deducted from the public sale value; if unsuccessful, the deposit might be refunded).



For peculiar car registration numbers (excluding these beginning with HK/XX), it takes about 12-18 months till the public sale.

For particular car registration numbers or peculiar numbers beginning with HK/XX, it takes about 24 months or extra till the public sale.

Stage 2

The Transport Division will checklist the reserved license plate numbers within the public sale catalog and notify the public sale date through registered mail.

Stage 3

On the designated date and time (contributors should be at the least 18 years outdated), attend the public sale venue with the next paperwork:



Identification of the profitable bidder.

Identification of the purchaser (if completely different from the bidder).

If the purchaser is an organization, a replica of the corporate registration certificates (photocopy is appropriate).

Stage 4

After successful the bid, signal the “Car Registration Quantity Public sale Fee Dedication” and make cost through “ePay” or a crossed cheque.

Stage 5

Full the “Car Registration Quantity Sale Memorandum.”

Stage 6

Inside 12 months after successful the license plate, allocate the auctioned license plate to a car registered in your title, in any other case, the quantity might be reallocated.



Customized License Plate Utility Process














 

Customized License Plate Utility Process

Stage 1

Apply for a customized license plate on the Transport Division’s web site inside the designated interval. You’ll obtain an software quantity. Functions are usually open in January, Might, and September.



If functions exceed the processing restrict, a lottery might be held. The outcomes might be posted on the web site, and profitable candidates might be notified by mail.

Stage 2

The Transport Division will confirm if the customized plate numbers meet the fundamental necessities.

Stage 3

The Transport Division will notify profitable candidates of the verification outcomes.

Stage 4

If the customized plate quantity meets the necessities, candidates should pay a HK$5,000 deposit inside the specified deadline.



If the customized plate quantity is just not bought on the public sale, it is going to be allotted to the applicant for a particular charge of HK$5,000. The deposit paid might be thought of as cost for the particular charge and won’t be refunded.

Stage 5

After paying the deposit, the Transport Division will evaluation and notify the applicant of the approval outcomes.

Stage 6

The Transport Division will organize the public sale (roughly 12-18 months wait) and publish particulars in newspapers. Candidates might be knowledgeable of the public sale particulars.

Stage 7

On the desired date and time (contributors should be at the least 18 years outdated), attend the public sale venue with the next paperwork:



– Identification of the profitable bidder.

– If the purchaser is an organization, a replica of the corporate registration certificates (photocopy is appropriate).

Stage 8

After successful the customized license plate, signal the “Customized Car Registration Quantity Public sale Fee Dedication” and “Customized Car Registration Quantity Sale Memorandum,” and make cost through “ePay” or a crossed cheque.



– Customized license plates can solely be allotted to automobiles registered within the purchaser’s title.

– If the customized license plate is to be registered below an organization, the corporate registration certificates needs to be introduced instantly after the public sale.

Stage 9

The purchaser will obtain a “Customized Registration Quantity Allocation Certificates” after the public sale.

Stage 10

Inside 12 months of successful the license plate, allocate the auctioned quantity to a car registered in your title, in any other case, the quantity might be reallocated.

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On-line Public sale Technique

The Transport Division will launch a web-based public sale platform by the top of this yr. events, together with those that have utilized for conventional and customized license plates, can take part. Initially, there might be two on-line auctions every month for seven days, beginning with a small variety of peculiar plates for testing.

To take part, customers should register through “ePay” or with an e-mail deal with to entry the web car registration quantity public sale platform. Throughout the public sale, customers can place quick or automated bids and set a most bid quantity.

Public sale Outcomes

Even when you’ve got paid a HK$1,000 or HK$5,000 deposit when making use of, it doesn’t assure you’ll get your required license plate. This accretion is merely an “entry charge.”

As with every public sale, the very best bidder wins. Whether or not conventional or customized license plates, competitors could be fierce. Particular plates have a tendency to draw extra bidders, so reviewing previous public sale outcomes may also help estimate the “market value” of the plate you are involved in.

Essential Factors for License Plate Auctions

Auctions are carried out by elevating bid paddles. Bidders ought to maintain the paddle excessive with the quantity dealing with the auctioneer and bid loudly. Preserve silence and stay seated all through the public sale. Smoking, consuming, consuming, and unauthorized images, audio recording, or video recording are prohibited contained in the public sale venue.


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