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The General Directorate of Traffic at the Ministry of Interior has announced the sixth public online auction for 22 fancy car plates. The auction will start tomorrow (Tuesday 14th) at 12:00 noon for three days until 10:00pm (Thursday 16th).
As per rules, bidding will start from QR100,000 and participants are required to make a deposit of QR20,000 as insurance, the Ministry of Interior said yesterday on its official Twitter account.
The person who wins the bid should pay the bidding value within two working days, failure to pay within the period would result in losing the deposit of QR20,000 and the Department has the right to sell the fancy number plate whether through another bid or a direct sale.
The General Directorate of Traffic has set further rules to control the bidding process. If there are more bids in the final quarter of an hour on some plate numbers, the time will be extended by another 15 minutes for only the numbers which received the bid.
It is worth mention that the last online auction conducted by the Traffic Department was for 22 fancy car plates and collected more than QR5.5m.
The highest bidding was for the plate 333300 that was sold for QR638,000 followed by plate number 333222 which collected QR622,000.
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