All Singaporean motorists can now choose to bid online for vehicle registration numbers. Some Singaporeans have been known to go crazy over this - just in February, the New Paper reported that the registration number “S 32 H” was sold for a whopping $335,000 to a local businessman. Currently, the “S (1-10)” numbers are only reserved for official government use, so owning a single S license plate is worth a ton of bragging rights. To put things into context, $335k costs more than a Toa Payoh HDB flat currently on the market! 

Of course, the single digit A series for motorcycles can fetch more then $20,000 and more.

 

 

 

Why should you care?

 

Answer: Greater convenience!

 

You can enjoy greater convenience by bidding on the go from 6am-12am (midnight) every day during the bidding period. You can also now bid for up to 3 different vehicles but with the same prefix and the same bid amount and one preferred vehicle will be awarded to you if successful. 

 

An email notification will be sent to you if your bid succeeds. Once you have received the email, you can then proceed to pay for it online.

 

So easy! 

 

What will you need? 

 

  • Vehicle Registration Number(s) that you wish to bid for
  • NRIC number, Passport number and Country / Company / Business / Association Registration Cert. No. of vehicle's registered owner. 
  • Email address
  • Mobile number
  • Internet Banking Account to pay for successful bid
  • Refund Bank Account Details for refund of unsuccessful bids. This will be paid back to your account via eNETS Debit. 
  • Mailing Address or Name and NRIC No. of proxy for return of Cashier's Order (s) for unsuccessful bids.

 

For more information, please refer to this website:

http://www.onemotoring.com.sg/publish/onemotoring/en/lta_information_guidelines/buy_a_new_vehicle/Electronic_Bidding_for_Vehicle_Registration_Number.html