How to Obtain Your Favourite Vehicle Registration Mark by Auction
The purpose of this web page is to explain in general terms how the sale of traditional vehicle registration marks by auction is operated. The allocation and sale of traditional vehicle registration marks in Hong Kong are governed under Regulations 9 -14 of the Road Traffic (Registration and Licensing of Vehicles) Regulations, Cap. 374 Sub. Leg. E.
When did the auction start ?
In 1973, legislation was introduced whereby traditional vehicle registration marks could be purchased by auction.
How to obtain a mark by auction ?
You can attend any auction organised by the Transport Department from time to time and bid for the marks you like.
You may also apply to reserve any unassigned traditional vehicle registration mark for auction, includes:
Ordinary vehicle registration mark: Any person may apply to reserve an ordinary vehicle registration mark which consists of two letters as prefix (including 'HK', 'XX', 'AA', 'AB', 'AC' and so on but other than 'AM', 'LC' and 'ZG' ) to the next series of prefix following the current series being issued (e.g. if the current series being issued is 'MY', you can reserve a mark in the 'MZ' series) and followed by 1 to 4 numerals not listed under items 1 to 14 of the Schedule 5 of Cap. 374E for auction. Ordinary vehicle registration mark is transferable together with the vehicle bearing this mark.
Special vehicle registration mark: Any person may apply to reserve a special vehicle registration mark which consists of only a number of 4 digits at most or consists of one to two letters as prefix (including 'HK', 'XX', 'AA', 'AB', 'AC' and so on but other than 'AM', 'LC' and 'ZG' ) to the next series of prefix following the current series being issued (e.g. if the current series being issued is 'MY', you can reserve a mark in the 'MZ' series) and followed by a number listed under items 1 to 14 of the Schedule 5 to Cap. 374E for auction. Special vehicle registration marks are non-transferable. Where the ownership in a motor vehicle with a special vehicle registration mark is transferred, the allocation of the special registration mark shall be cancelled.
It would take eight months or more from the submission of application for a special vehicle registration mark or an ordinary vehicle registration mark with prefix 'HK' / 'XX' to the holding of auction. If an applicant reserves more than one vehicle registration mark, the waiting time of his/her reserved marks would be different and longer.
It would take four months or more from the submission of application to the holding of auction. The waiting time may be different or longer if more than one vehicle registration mark are reserved by an applicant.
Your reserved mark will be put on the Waiting List for auction and you will be informed of the auction date by registered mail in due course.
All the correspondences concerning the application for reserving a registration mark for auction will be sent to the contact address as indicated on the application form. If you would like to change the contact address, please write to Vehicle Registration Marks Unit, Transport Department, Room 506-508, 5/F, Harcourt House, 39 Gloucester Road, Wanchai, Hong Kong (Fax No.: 3101 5561).
What to bring along on the date of auction ?
Bidders are reminded to bring along the following documents with them for completion of registration and payment procedures immediately after the successful bidding:
Who is expected to attend an auction ?
Any member of the public who is interested in bidding for the marks put up for auction can attend. And, any person who has submitted a deposit of $1,000 to the Transport Department to reserve a vehicle registration mark for auction should also attend. Failure to do so may render the reserved mark sold to other bidders at $1,000.
Will the deposit for a mark reserved be refundable ?
If the applicant is successful in bidding for the mark he has reserved, his $1,000 deposit will be accounted for in the actual sum payable for the mark.
If the applicant is unsuccessful in bidding for the mark he has reserved, his $1,000 deposit will be refunded and he will be notified by the Treasury for the refund.
If the reserved registration mark (except registration mark with 'HK' or 'XX' as a prefix, or special registration mark) remains unsold at the auction, it will be allocated to the applicant at a special fee of $1,000, and the deposit paid will be taken as payment of the special fee. The applicant will be notified of the allocation after the auction by post. Please note that the reserved registration mark can only be assigned to a vehicle registered in the name of the applicant under such circumstances. Also, there will be no refund to the applicant.
All accepted applications cannot be withdrawn.
What is the procedure for registering a mark bought at auction ?
If successful in obtaining a mark at auction, the bidder has to complete a Memorandum of Sale to confirm acceptance of the mark. Within 12 months after the date of being allocated with the mark by auction, the successful bidder has to get the mark assigned to a vehicle registered in his name, otherwise this allocation of the mark may be cancelled by the Transport Department and the mark may be reallocated.
Where will the funds obtained through auctions of marks go ?
Funds raised through the auction of vehicle registration marks after deduction of the operation expenses will go to the Government Lotteries Fund, a body that uses the funds for charity.
If you have any question concerning the auction of vehicle registration marks, you may telephone 2804 2600 or write to Vehicle Registration Marks Unit, Transport Department, Room 506-508, 5/F, Harcourt House, 39 Gloucester Road, Wanchai, Hong Kong.