Just as ID numbers are for identifying each and every individual, a vehicle registration mark is the ID of a vehicle.
All vehicles must be registered and licensed before they are driven or used on the road. Basically, we only need to register each vehicle once with the Transport Department (TD) and will receive a Vehicle Registration Mark from TD after completing the registration. This is the plate number of the vehicle. It is common for car dealers to apply for vehicle registration and licensing for customers. Many people, however, prefer to have a vehicle registration mark of special significance. What are the procedures in “changing the identity” of your beloved car? Can the vehicle registration mark of your old car be assigned to your new car?
Changing the vehicle registration mark usually involves two procedures: retention of the vehicle registration mark and assignment of the retained vehicle registration mark.
Sale of vehicle registration mark is restricted
Transfer of special vehicle registration mark is forbidden
Vehicle registration marks cannot be transferred directly to other owners, and can only be reassigned from one vehicle to another under the same owner or transferred from an owner to another person together with the vehicle. However, it is forbidden to transfer the special vehicle registration mark under any circumstances, or else the special vehicle registration mark would be taken back by TD. If owners wish to have the special vehicle registration mark disclaimed, they can only return it to TD.
Know your procedures
If you need to make a series of application for retention, assignment or transfer of vehicle registration mark, you should pay particular attention to the procedural order of applications and the requirements. Otherwise, you might waste your time and money without getting what you want, and may even lose the mark which is so special to you.
Where does the vehicle registration mark that you intend to assign come from?
- Retained mark from another vehicle under my title
- From an auction or acquired at a special fee
- Transferred from another vehicle owner
If the old car is still in use, TD will allocate an ordinary vehicle registration mark to this car when retaining the vehicle registration mark.
If the old vehicle has been disposed of, then the vehicle owner should indicate it in the TD129 form and submit the required documents for vehicle de-registration when apply for retaining the vehicle registration mark of a disposed vehicle.
Fee Required: $560 (for retention)
Fee Required: $560 (for retention) x 2 = $1,120
Notice: TD will take back the original registration mark.
Fee Required: $100 (For mark registration fee)
Fee Required: $560 (for retention) + $100 (formark registration fee) = $660
Fee Required: $100 (Formark registration fee, not includingvehicle registration and licensing.)
Assigning a vehicle registration mark transferred from another owner
Since assignment of vehicle registration marks can only be done on vehicles under the same owner, the vehicles concerned must first be transferred to the same owner before assignment.
In the following example, vehicle owner A acts as the core of the transaction, and the transfer will be from vehicle B to A. Procedures will be as follows:
Fee Required: $1,000 (for transfer) x 2 + $560 (for retention) x 2 = $3,120
Owner A needs to state in form TD129 that vehicle B is disposed of and applies for retention along with the documents needed for de-registration if vehicle B has already been disposed of.
Fee Required：$1,000 (for transfer) + $560 (for retention) = $1,560