Odd-even rule: To select your new car number, gear up to shell out Rs 20,000 at e-auction

Vahan is a central government initiative to computerise vehicle registration and some states have already implemented it.

Odd-even rule: To select your new car number, gear up to shell out Rs 20,000 at e-auction
New Delhi: Car owners looking to purchase an additional vehicle to get around the Delhi government’s odd-even rule will have to pay at least Rs 20,000 to pick a specific number. With the state recently joining the Vahan initiative, dealers no longer have a list of numbers that buyers can choose from. Instead they will need to participate in an e-auction if they want a specific number.

“Earlier, we used to allot numbers to dealers depending on the advance road tax paid by them. However, it is not the case any more as numbers are allotted randomly,” said a senior official at Regional Transport Office (RTO) . Consumers can bid for numbers they want through e-auctions, starting at around Rs 20,000. For VIP numbers such as 0001, the minimum reserve price goes up to Rs5 lakh. Non-VIP numbers are auctioned every week and fancy numbers every month, the official said.

Vahan is a central government initiative to computerise vehicle registration and some states have already implemented it. The industry is waiting to see the impact of the odd-even rule.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Politics › Odd-even rule: To select your new car number, gear up to shell out Rs 20,000 at e-auction
Text Size:AAA
Success
This article has been saved

*

+