Bahrain to introduce number plate auction
Bahrain will soon introduce special new private vehicle number plates thorough the auction of registration plates.
The auction of the number plates will be administered by a new government company, in which the revenues will be referred to the Ministry of Finance, said Shaikh Nasser bin Abdulrahman Al Khalifa, the Ministry of Interior Under Secretary.
He said the step, announced as part of the directives of Interior Minister Lt-General Shaikh Rashid bin Abdullah Al Khalifa, is in line with the kingdom’s commitment to the principles of competitiveness, fairness and sustainability.
Following the sale of vehicle numbers at the auction, the General Directorate of Traffic will issue a certificate of ownership to the buyer.
He clarified that the private vehicle number plates already in circulation will remain the property of their current owners, as all the numbers that will be auctioned are new.
Valuing private car number plates can be an art as much as a science. You can’t just type in the letters and numbers to a software programme, input some variables, and get a reliable valuation out of the other end. So, if you are hoping to find out how much your personalised number plate is worth, there is a range of factors you need to take into account.
In this article, we will go through how to get your private number plate valued, and look at the features that can make a plate worth more or less money.
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