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Home Auto insurance

License Plate Public sale: Conventional vs. Customized Plates

admin by admin
2024年11月12日
in Auto insurance
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License Plate Public sale: Conventional vs. Customized Plates
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Since 2006, the Transport Division has supplied a automobile registration quantity public sale scheme, which has been widespread amongst automobile house owners. Many have provide you with inventive plate numbers like “0NLY Y0U” and “1 LUV U” to make their vehicles stand out.

Historically, the Transport Division opens functions for customized license plates in January, Could, and September annually, adopted by auctions the place bids are positioned. Automotive house owners occupied with customized license plates should submit their functions inside the specified time and attend the public sale in particular person. Along with customized plates, the Transport Division additionally often holds auctions for conventional license plates.

Lately, the Transport Division introduced that it’s going to transfer auctions on-line later this 12 months. This information will delve into the variations between conventional and customized license plates, the applying procedures and essential factors for each, and the best way to 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 “atypical automobile registration numbers” and “particular automobile registration numbers.”

Bizarre Automobile 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 mixtures like “AM,” “LC,” and “ZG.” For instance, WS 1226 or NW 1987.

Particular Automobile Registration Numbers: These encompass as much as 4 digits or 2 letters (excluding “AM,” “LC,” and “ZG”) adopted by any quantity from the particular listing in Schedule 5 of the Hong Kong Legal guidelines. For instance, BJ 7 or 2182. Be aware that “atypical automobile registration numbers” might be freely transferred, whereas “particular automobile 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 might be composed of any mixture of letters and numbers, topic to the next situations:

  1. Should encompass letters and/or numbers, with a complete of not more than 8 characters.
  2. Letters “I,” “O,” and “Q” usually are not allowed.
  3. Every house counts as one character within the whole.
  4. No a couple of house between any two letters or numbers.
  5. Not more than 4 consecutive an identical 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 current license plates.
  8. Should not be offensive or indicate any adverse connotations or triad associations.
  9. Should adjust to Hong Kong legal guidelines.

Comparing the quotes from over 60 HK insurers, Kwiksure helps you choose the car insurance that best fits your requirements. Get a quote now!










 

Conventional License Plate Utility Process

Stage 1

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



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

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

Stage 2

The Transport Division will listing the reserved license plate numbers within the public sale catalog and notify the public sale date by way of registered mail.

Stage 3

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



Identification of the profitable bidder.

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

If the purchaser is a company, a duplicate of the corporate registration certificates (photocopy is appropriate).

Stage 4

After profitable the bid, signal the “Automobile Registration Quantity Public sale Fee Dedication” and make fee by way of “ePay” or a crossed cheque.

Stage 5

Full the “Automobile Registration Quantity Sale Memorandum.”

Stage 6

Inside 12 months after profitable the license plate, allocate the auctioned license plate to a automobile registered in your title, in any other case, the quantity shall 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 utility quantity. Functions are usually open in January, Could, and September.



If functions exceed the processing restrict, a lottery shall be held. The outcomes shall be posted on the web site, and profitable candidates shall 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 isn’t bought on the public sale, will probably be allotted to the applicant for a particular price of HK$5,000. The deposit paid shall be thought-about as fee for the particular price and won’t be refunded.

Stage 5

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

Stage 6

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

Stage 7

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



– Identification of the profitable bidder.

– If the purchaser is a company, a duplicate of the corporate registration certificates (photocopy is appropriate).

Stage 8

After profitable the customized license plate, signal the “Customized Automobile Registration Quantity Public sale Fee Dedication” and “Customized Automobile Registration Quantity Sale Memorandum,” and make fee by way of “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 must be offered 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 profitable the license plate, allocate the auctioned quantity to a automobile registered in your title, in any other case, the quantity shall be reallocated.

Comparing the quotes from over 60 HK insurers, Kwiksure helps you choose the car insurance that best fits your requirements. Get a quote now!

On-line Public sale Technique

The Transport Division will launch a web-based public sale platform by the tip of this 12 months. events, together with those that have utilized for conventional and customized license plates, can take part. Initially, there shall be two on-line auctions every month for seven days, beginning with a small variety of atypical plates for testing.

To take part, customers should register by way of “ePay” or with an e mail deal with to entry the web automobile registration quantity public sale platform. In the course of the public sale, customers can place fast or automated bids and set a most bid quantity.

Public sale Outcomes

Even when you have 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 sediment is merely an “entry price.”

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

Necessary 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 pictures, audio recording, or video recording are prohibited contained in the public sale venue.

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