SEREMBAN: The Road Transport Department (RTD) has recorded a total of RM47 million in revenue since the electronic bidding for vehicle registration number plates (JPJeBid) was implemented seven months ago.
Transport Minister Anthony Loke said this was made possible through the sale of 39 registration number series, with an average revenue of RM1.2 million per series.
The ALL series recorded the highest bid at RM3.4 million, he added.
“Initially, we thought the system would take a longer time to be widely implemented nationwide.
“But, it has been proven that in just seven months, the system has been successfully applied in all states, and to date 109,361 people have registered with the system.”
Loke said this was a vast improvement from the previous manual system, which recorded a loss amounting to RM21 million in 2016, RM17 million in 2017 and RM22 million in 2018.
“In the manual system, bidders were allowed to pay only 50 percent of the total bid for the desired vehicle number.
“After winning the bid, some failed to pay the remaining 50 per cent of the total sum.
“RTD couldn’t make any claims as the bidder did not register the number and this resulted in a loss to the department,” he added.
Loke said through the JPJebid system, the payment would be automatically deducted from the bidder’s credit or debit card, hence avoiding any leakage in payment.
“Bidders will lose if they do not register their vehicle number because payment has been deducted from their card,” he said after launching Negri Sembilan’s NDN number series through the JPJebid system here today.
The launch is the 38th series under the JPJebid system, and will be open for five days from midnight on Nov 28 until 11.59pm on Dec 2.
The RTD has set the minimum starting bid for a normal number at RM300, with a minimum of 10 per cent or RM15 increase for every bid.
Bidding for numbers seen as highly in demand will start at RM20,000, with subsequent bids at RM1,000 increments.