Who owns the most expensive number plate in the world?

Who owns the most expensive number plate in the world?

Balwinder Sahni, an Indian Businessman based in Dubai, holds the title with his number plate – D5. Winning the auction with a ridiculous bid of 33 Million AED (Equivalent to £7,324,207), he told the press that ‘D5’, numerologically speaking, represents the number 9, which he considers a lucky number.

How much is the number plate k1 worth?

HIstory of Single number Single letter A 1 – Issued 1903 in London – The first and possibly the most expensive number plate in the UK. Currently valued at £5mil.

How much is the number plate 8 worth?

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#8. A great match to the popular last name “Singh” this dateless number plate sold for just over a quarter of a million pounds in 2006.

What makes a private number plate expensive?

Generally, the age and novelty of a number plate are the principal factors governing its value. Older plates tend to command a higher price and also tend to be rarer since there are less of them. The more popular the initials, the higher the registration will be priced at.

What is the most expensive number plate in the world?

The World’s Most Expensive Number Plates Highest prices paid for the World’s most expensive personal number plates. The most expensive number plate in the world? The answer is that the Dubai number plate D 5 is the world’s most expensive confirmed sale of a car registration number to date.

Why are private number plates so expensive?

Generally, these super expensive private number plates are characterised by the age of the plate, the individual’s initials and a single number though this is not always the case. Even some relatively recent issues of personalised number plates that spell out words or names can command extortionate prices.

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What is the most expensive car registration number in the world?

The answer is that the Dubai number plate D 5 is the world’s most expensive confirmed sale of a car registration number to date. The top 35 highest priced private car registrations globally are shown in the following table.

Are cherished number plates a good investment?

Cherished number plates have been sold for handsome profits for over a generation, not just by private plate dealers but also by individuals who have sought to enjoy the fruits of an investment. For example, 1 SAJ was bought in the mid nineties for about £3300 and is now valued today at around £30,000.