The Most Expensive Number Plates In The World
If you thought spending Rs 1 lakh or Rs 4 lakh on the number '1' in India was ostentatious, you better sit down for this one! What is possibly the most sought after number plate in the world, 'F1' in the United Kingdom has officially gone on sale for Rs 132 Crore. The F1 number plate has been on a variety of cars in the last decade since it came into private ownership including the likes of the Mercedes-McLaren SLR, custom Range Rovers and most notably, a Bugatti Veyron.
Before the plates were sold in 2008 for about Rs 4 Crore, the plates were under the ownership of the Essex City Council since 1904. The plates have since been under the ownership of Afzal Kahn, owner of Kahn Design, a British firm that specialises in customised vehicles.
The F1 plate is one of the most famous plates in the UK and in the world due to obvious references to the premier motorsport and also to the rarity of the two-digit plate. If sold, the F1 plate will be the most expensive plate ever sold in the world out shadowing the D5 plate sold in Dubai to Indian Balwinder Sahani for a staggering Rs 67 Crore. Following closely behind is the '1' plate sold in Abu Dhabi, which was sold at a cool Rs 66 Crore in 2008.
Although we don't have customised number plates in India (what a shame!), you can buy special number plates directly from the RTO. Special number plates for two wheelers range from Rs 5,000-50,000 for two wheelers while those for four wheelers range from Rs 15,000 to Rs 1 lakh. In case the same number is wanted by two individuals, there is a bidding process that takes place. That said, I personally would love to have customised plates available from the RTO in a special alphanumeric form just like in most international markets.
New car registrations in Hungary climbed 28.5% from a year earlier to 12,748 in March 2018, mainly attributable to high demand from private customers, the Hungarian Association of Vehicle Importers (MGE) said on Tuesday.
In January-March 2018, there were a total of 31,609 new car registrations, up by 29.8% compared to the first quarter of last year, national news agency MTI reported.
Motorcycle registrations climbed 4.8% to 283 in the third month of the year, and were up by 27.2% at 473 in Q1.
Sales of light commercial vehicles fell 1% to 1,775 in March, but were up 17.8% at 5,066 in the first three months of the year.
Bus registrations amounted to 97 for the month, up 185.3%. In the first quarter of 2018, there were 214 bus registrations, 46.6% more than one year earlier.
Sales of heavy commercial vehicles were up 34.7% at 640 in March, and up by 45.7% at 1,713 in Q1. Sales of heavy trailers rose 33.2% to 490 in March alone, and were up 42.3% at 1,332 for the quarter.
The UK in particular has a relationship with personalised number plates. According to estimates by the DVLA (Driver and Vehicle Licensing Agency), the UK reported an excess of two billion pounds in tax revenue from tax auctions over the past 25 years. As they are keen to state, an expression of interest in a particular plate by three people or more is enough to push the price of that Reg plate through the roof. It has also been documented that the buyers let their hearts take control of their heads when they bid for these plates.
Personalised number plate auctions are constantly rewriting the record books with regard to the highest price paid for a plate. The record currently stands at £518,000 which is quite impressive. The prices of these Regplates does not seem to be slowing down either.
Of particular interest is the recent auction of the highly-hyped 250 C Reg plate which sold for £21,500. This is a clear indication that the expectations for the prices of personalised number plates will continue to increase.
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