The Most Expensive Number Plates In The World
Reg Plates ArticleThe 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.
How close a series of letters or numbers are to a real name of word: if the match quality is high (and the numbers and letters are very convincing in making a popular word), the value of the registration plate will be higher. This means that a match like 5IMON, for the name Simon, will be worth a lot more than a more obscure set of letters and numbers that are not as convincing a match, such as S17 MMM for the name Sam.
The style of the plate: this means establishing if it is a new-style plate, an older-style format or if it is dateless or Irish, for instance. Other options are that it is a prefix-style plate or a suffix-style plate. New-style number plates, which have been produced since 2001, tend to be the least valuable because they are a bit less appealing to some collectors, plus the rule about not having plates that are newer than your car can also come into play, putting people off from buying a newer-style plate for their older car. Prefix-style number plates, which were in production between 1983 and 2001 can be more popular as more vehicles are entitled to have those licence numbers, and they may have fewer characters in total. Suffix-style plates, issued from 1963 to 1983 are relatively rare, which means they can attract higher prices than prefix-style plates and newer designs. Dateless number plates, also known as cherished number plates, were produced between 1903 and 1963 and are nearly always the most valuable number plate configurations; they have fewer digits and their dateless nature means that people can hide the age of their car. Irish number plates are similar to dateless number plates, especially because they don’t have a year identifier. They also tend to be cheaper than other types of vehicle registration plates.
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