The Transport Department today launched E-Auction, an online auction platform for Ordinary Vehicle Registration Marks (VRMs).

Interested bidders registered as users are no longer required to attend a physical auction and can bid for VRMs through a computer or mobile device anywhere.

The first online auction is scheduled for February 2025. Fewer VRMs, some 50, will be put up for auction in the initial phase and details will be announced late next month.

Two online auctions are planned to be held each month, with each auction lasting for five days, starting from noon on the first day and ending at noon on the fifth.

The department will gradually increase the number of VRMs in the online auction after reviewing its operations to ensure the smooth running of the E-Auction platform.

Registered users can bid for their desired Ordinary VRMs via E-Auction within the specified time slots of each online auction session, and they may choose to set auto bids prior to the auction.

Successful bidders can complete the follow-up procedures at the one-stop platform, including arranging electronic payment and receiving the relevant documents to assign the secured VRMs to the vehicles under the purchaser's name provided in the Memorandum of Sale of VRM.

Non-registered users can browse the E-Auction website to learn about registration and auction procedures, the auction schedule, VRMs pending auction, real-time auction price, etc.

The E-Auction will only be applicable to Ordinary VRMs. Auctions for VRMs with “HK” or “XX” as a prefix, special VRMs and personalised VRMs will continue to be carried out through physical auctions by bidding paddles and their announcement arrangements remain unchanged.

The department will inform all applicants who have submitted a deposit to reserve Ordinary VRMs for auction of the E-Auction arrangements in detail by post.

For enquiries, call 3583 3980 or send an email to e-auction-enquiry@td.gov.hk.