| 摘要 |
The method of auctioning license plates provides for the public auctioning of state-issued, motor vehicle license plates. The method includes the step of first establishing a market value data set for a plurality of license plates. Next, the market value data set is stored in a market value database, which is recorded in computer readable memory associated with an auction server. An online auction is then established for at least one license plate to be sold. Once up for auction, bidders bid on the at least one license plate. Once bidding has closed, the at least one license plate is sold to the highest bidder, and funds are transferred from buyer to seller. Following the sale, transfer of ownership of the at least one license plate is recorded in a motor vehicle administration database, and both sales and property taxes associated with the sale of the license plate are assessed. |
