Personalised Number Plate Information

NUMBER PLATES:

A businessman who bought the No.1 limited edition licence plate in Abu Dhabi for Dh31 million has been sentenced to three years in jail for issuing a dud cheque to the organisers.

The Emirati man had bought the special number plate at an auction last year.

The Abu Dhabi Misdemeanour Court handed down the sentence to the Emirati man after he was found guilty of fraud and issuing a bounced cheque.

Abu Dhabi public prosecution had ordered for the detention of the 32-year-old man after organisers of the auction filed a complaint that he issued them a cheque after buying the number plate, even though he didn't have enough balance in his bank account.

Prosecutors had detained the businessman. He was charged with fraud and issuing a bounced cheque.
And during interrogation, the Emirati admitted to giving the cheque to orginisers despite being aware he didn't have sufficient funds in his account, said prosecutors.

"He said he was planning to re-sale the rare number plate at a profit so he could pay the value of the cheque to the organisers and maintain enough balance in his account," said a prosecutor.

Authorities, however, said one can only re-sale a number plate bought in an auction after one has paid the full amount and that any resale before making the payment is considered illegal.

The auction, which generated Dh99 million, was hosted by Emirates Auction in cooperation with Abu Dhabi Police on November 19, 2016 at Emirates Palace hotel to commemorate the Abu Dhabi Government's Golden Jubilee.

And the Emirati beat several bidders for the coveted plate after starting at Dh1 million. The limited-edition golden jubilee plates all featured the number 50 in the top left corner.

Fifty vanity Abu Dhabi number plates were up for grabs at the Emirates Auction event.

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As popularity grows, the prices reached for the most expensive plates are always increasing. As of 2008, the record price for a number plate is £397,500 paid at auction in September by an anonymous buyer for the plate S 1. This was originally owned by Sir John H A MacDonald, the Lord Kingsburgh and was Edinburgh's first ever number plate. Car design entrepreneur Afzal Kahn paid £375,000 on 25 January 2008 for F 1 previously owned and sold by Essex County Council and affixed originally in 1904 to the Panhard et Levassor of the then County Surveyor. £330,000 was spent on M 1, sold at auction in Goodwood on 7 June 2006.

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Record numbers of motorists are driving cars fitted with personalised numberplates amid a surge in “auto vanity”.

The Driver and Vehicle Licensing Agency sold a record 374,968 registrations last year, up 12 per cent in 12 months and almost five times the total in the mid-90s.

The trade in numberplates made more than £110 million for the Treasury in 2016-17 alone, a record annual total.

The rise coincides with an increase in the number of registrations made available by the DVLA, combined with a sharp rise in the value of rare plates over the past two decades.

In an era when we’re all supposed to be flaunting our individuality, the trend for personalised car number plates has apparently never been higher. The Driver and Vehicle Licensing Agency (DVLA), which sells new and never-issued registrations, sold 374,968 last year, an increase of 12%.

Among private dealers, who sell pre-owned plates, business is just as good.

“For the past five years, [the market has] been steadily rising.” It is thought one reason is a personalised plate makes the age of the car less obvious. But he also says social media has played a huge part. “It’s, ‘Hey, everybody, look at me’,” he says.

People post pictures of their new cars on Instagram, and adding a private plate “seems to be something that people can use to boost their social media reach”.

At the entry-level end of the market, “registrations that start at £250, on average there are 800 of those sold every day.” He says one fairly common customer is the parent who buys a personalised plate for their child on passing their driving test, to go with a new car. “My typical client would be someone in their 40s or 50s, they’ve got a bit of money sitting about and always fancied a personalised number plate.”

At the extreme end, plates can fetch more than £500,000. In 2014, one classic-car dealer bought a “25 O” plate, reportedly for his Ferrari 250 GTO, for £400,000 (the final price, including fees, was £518,000) and a “250 L” for £130,000.

“The numbers that were selling for £1,000 in 1980 now sell for £150,000. What probably changed it was in the late 80s, when the government started to sell numberplates. We in the trade all thought it would devalue the numbers, but it didn’t, it just got more people interested.”

A personalised plate is “a prestigious thing. There’s a little bit of vanity about it,” says Saperia. As for those of us who believe it’s the mark of a bit of a berk, Saperia points out that the DVLA’s sale of personalised plates “bring more than £100m every year to the treasury”.

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The number plate 1D was bought for a record £352,000 at auction yesterday.

Tycoon Nabil Bishara won it in fierce bidding and plans to put it on his wife's Bentley.

His £352,411 offer beats the previous £254,000 best for a DVLA sale, set by 51NGH in 2006. The DVLA's Damian Lawson said after the auction in Claverdon, Warks: We're absolutely over the moon."

Britain's priciest car reg is F1, bought privately for £440,625 in 2008 by Afzal Kahn of Bradford, West Yorks."

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When you key in the vehicle number there is an immediate response which shows its make, model, age, colour, insurance status and owner. Databases know all that for every vehicle, instantly.

It’s amazing how law-abiding everyone becomes when the whole lot is known, and joined up. Without exception. In a blink. And with very little time cost or inconvenience.

So why can’t your PIN be like your number plate, holding an interconnected record of everything anyone has a right to know about you. No more forms and questionnaires and endless administrative complication and time cost-for a bank account, a mobile phone, a car log book, a licence, a permit, a title deed, service utilities, passport renewal or whatever.

Just key in your PIN and a password that gives your permission, and any supplier will have instant and complete access to the (selective) information the law entitles them to.

Computers do all the crunching and privacy categorising, and keep a permanent digital record to guarantee an audit trail that will keep everybody honest-including the administrators.

And if things can be joined up per person, they can also be joined up for all the people and provide a treasure chest of national statistics for planners and the general public.

As a non-contentious example, we could know the total number of vehicles, their class proportions, age - and anything else about them of use, interest or importance at the push of a button.

There are lots of reasons why we need to know more about our national fleet of vehicles with four wheels or more. But robust data is somewhere between scant, inconsistent and non-existent.

We have to resort to extrapolation, a bit like this: In the past decade, all Kenya’s main motor companies have sold about 140,000 new vehicles of every shape and size from town runabouts to prime mover trucks.

That figure represents about 10 per cent (maybe) of today’s total national road-going fleet of things with four wheels or more. The average age of that portion is about 5 years.

Over the same period, there have been about 860,000 used imports mostly aged about 8 years on arrival.

The average age of that contingent today is therefore around 13 years. Put both groups together and you have a million vehicles with an average age of about 12 years.

The rest of the fleet about 400,000 - was already here 10 years ago, having arrived in much the same new-used proportions. So that segment’s average age was also around 12, and is therefore now around 22.

With some slightly trickier arithmetic, we can therefore estimate that the overall average age of all the vehicles in Kenya today is about 15 years. That’s not a precise fact, but it is a strongly indicative probability.

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It had been expected to sell for between £15,000 and £25,000 but the first Manx vehicle registration plate ever to be issued was eventually sold last week for £100,000. It is, says auctioneer Murray Keefe, a valuable piece of Manx history.

It was the first Isle of Man number plate and people do like to have number 1. At the auction we had 4 telephone lines wanting to bid on the number plate and quite a few bidding in the room so I was not surprised it made so much money knowing that some of the plates in the United Kingdom make substantially more than that. "

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