How Much Does a Fancy Motorcycle License Plate Cost in Vietnam?

“A dreamy license plate, a smooth ride like poetry,” the catchphrase of the motorbike taxi drivers near my house keeps echoing in my ears whenever they see me pensively admiring my newly purchased motorbike. Yes, I have the new bike, but the license plate isn’t quite what I’d hoped for. I’ve heard that some fancy motorcycle license plates can be worth hundreds of millions of Vietnamese Dong, even billions. So, what’s the truth about how much a fancy motorcycle license plate costs? Let’s decode this mystery and explore how to get a desirable license plate!

According to a friend working at the Road – Railway Traffic Police Department (PC08) in Cau Giay District, Hanoi, fancy license plates are often associated with lucky numbers in Vietnamese beliefs, such as: 68 (prosperity), 39 (minor wealth god), 79 (major wealth god), 86 (fortune),… or ascending sequences like 12345, 56789,… Some people are willing to spend substantial amounts just to own a desirable license plate, considering it a way to bring good luck to themselves and their families.

Fancy Motorcycle License Plates – How Are They Valued?

In reality, there’s no official price list for fancy motorcycle license plates. Their value depends on various factors, including:

• The meaning of the number sequence: As mentioned above, lucky, memorable, or repeating numbers are often more desirable.
• Geographical location: License plates from major cities like Hanoi and Ho Chi Minh City usually have higher values.
• Origin of the license plate: “Five-of-a-kind,” “four-of-a-kind,” “three-of-a-kind” plates from vintage or rare vehicles are often highly sought after and incredibly valuable.
• Buyer’s preference: This subjective factor also significantly influences the value of a fancy license plate.

Hunting for Fancy License Plates – Common Methods

If you’re also “hunting” for a fancy license plate for your beloved ride, you can consider the following methods:

1. Participating in license plate auctions: This is a popular choice due to its transparency and openness. However, you need to prepare a significant amount of money and compete with many others.
2. Buying from another individual: You can search for information on forums, motorbike buying and selling groups, or through personal connections. However, be extremely cautious to avoid purchasing counterfeit license plates.
3. “Waiting for the right moment” to randomly select a license plate: This is the simplest and least expensive method, but the success rate is very low.

Important Notes When Buying or Selling Fancy Motorcycle License Plates

To avoid unnecessary trouble, keep the following in mind when buying or selling fancy motorcycle license plates:

• Carefully check the vehicle documents to ensure the license plate is legitimate.
• Complete the transfer of ownership procedures immediately after a successful transaction.
• Avoid buying or selling license plates “under the table” without knowing their origin.

Do you want to own a Royal Enfield motorcycle with a dreamy license plate?

Conclusion

A fancy motorcycle license plate is not just a sequence of numbers; it also reflects the personality, preferences, and desires of the owner. Hopefully, this article has helped you understand how much a fancy motorcycle license plate costs and provided useful information. Be a smart consumer when participating in the buying and selling of fancy motorcycle license plates!

If you need further advice on motorcycles such as KTM motorcycle prices or Exciter 150 seat prices, don’t hesitate to contact us by phone: 0968239999, email: [email protected] or visit us directly at: TT36 – CN9 Road, Tu Liem Industrial Zone, Phuong Canh Ward, Nam Tu Liem District, Hanoi. The XE TẢI HÀ NỘI team is always ready to assist you 24/7.