Many people give utmost importance to the registration number of the vehicle. Many people base their selection of numbers on numerology, while others simply look for interesting numbers. RTOs often auction special numbers in which the highest bidder has to keep the number.
We have published articles about people who spent more than 30 lakhs for registering just one car. This applies not only to India but also to other countries. Here’s an account of a British citizen who spent a significant amount of money for an “F1” license plate for his car. What did he spend? Well, Rs 132 crore.
The F1 registration plate has long been a favorite among car owners in the United Kingdom. High-end sports vehicles such as the Mercedes-McLaren SLR and the Bugatti Veyron have been seen with temporary license plates. Most auto fans are aware that the F1 number plate stands for Formula 1.
One of the most prestigious motorsports competitions around the world. Unlike regular registration, the UK government forbids the use of any other digital or alphabetical symbols on the registration plate, which explains why this F1 plate is so expensive. It has one of the smallest automobile registration numbers in the whole world.
Further research reveals that this registration number was initially bought at an auction for Rs 4 crore. The price of this number climbed together with its attractiveness in the form of inflation. It skyrocketed in price and is today one of the most expensive automobile registration numbers in the entire world. This is not the first time that we have seen that people are spending a lot of money for the registration number.
Reportedly similar incidents have been observed in different places of the world. For example, a businessman from India bought the registration number “D5” in Abu Dhabi. He still paid around Rs. 67 crores for it, even though it is not as expensive as an F1 plate.
Another Abu Dhabi billionaire paid Rs 66 crore to buy a registration number that contained just the letter “1”.
People spend so much money on registration number for various reasons. As already mentioned, some people choose a lucky number, while others choose a registration number that matches their astrological sign, date of birth, or some other attribute. Then there are those who enjoy only having unique numbers and prefer to keep the registration number same for all their vehicles.
Mukesh Ambani, India’s richest billionaire, and his family have a large collection of automobiles in their garage, many of which have attractive license plates. He has a good collection of expensive and fast cars in his garage.