Registration Plate ‘F1’ worth £6 million - Ferrari Life
 
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post #1 of 17 Old 09-04-2013, 10:20 AM Thread Starter
 
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Registration Plate ‘F1’ worth £6 million

Owner turns down offer

A businessman has turned down an offer of over £ 6 million for his ‘F1’ registration plate. Mr Kahn has a collection of impressive private plates including ‘4HRH’ and ‘NO1’ but the ‘F1’ is the most desirable but it currently sits on his Bugatti Veyron supercar.

Mr Kahn paid a massive £ 440,000 back in 2008 for the cherished plate which was a British record. The 109-year-old registration was on a Volvo S80 which was used by the chairman of Essex County Council with the local authority using the funds from the sale to raise money for a charity which aimed to raise the standards for young drivers.

It has proved to be a fantastic investment for Mr Kahn as the plate’s value has increased more than ten times with the current offer for it at over £ 6million. However, Mr. Kahn, who runs A Kahn Design in Bradford, rejected the offer believing it is worth considerably more.

Personal plates are a great investment if you make the right choice. VIP 1, which originally belonged to Pope John Paul II’s Pope mobile, was bought for £ 62,000 in 2004 and then two years later Roman Baranovichi bought it for £ 285,000. HEN 2Y cost £ 6,300 in 2005, and was bought for £ 20,000 in 2010. Celebrities are huge fans of personalized plates Vinnie Jones (100 VJ), Phil Tufnell (BE57 CAT), runner Iwan Thomas (R400 RUN), Ian Botham (B33 FYS) and Lord Sugar (AMS 1).

The highest price paid for a plate sold by the DVLA in the UK was $pound 352,000 for plate 1 D. Mr Kahn holds the record for the highest price paid for a private sale. Drivers in the United Arab Emirates are even more fanatical about personal registrations. The single digit ‘1’ sold in February 2008, for an amazing £ 7.25 million. Personalised numberplate specialists regtransfers.co.uk marketed another numberplate, reading 'X1', for a staggering £ 1million last September, but there has been no information on what it finally sold for.

The DVLA have over 30 million registrations available to buy online if you are looking to buy your ideal number plate, the process really is quite simple. To begin your search using the DVLA personalised registrations simply enter some initials, your name, or anything else that you would like to have on your number plate, in the yellow search on the site. The results will then give you a small selection of the choices available to you.
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post #2 of 17 Old 09-04-2013, 11:02 AM
 
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Reassuringly Expensive then...

Brian,

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post #3 of 17 Old 09-04-2013, 11:33 AM
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Afraid I just do not get that. Must have something to do with the train spotting tradition. My personalized plate, 575M, costs me $15 a year. If it was much more, no thanks.

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Last edited by tazandjan; 09-05-2013 at 09:26 AM.
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post #4 of 17 Old 09-04-2013, 01:19 PM
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Well to do residents of Hong Kong seem to revel in similar eccentric hobby or show of affluence. Humans are interesting creatures indeed. Totally incomprehensible.

w/ smiles

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post #5 of 17 Old 09-04-2013, 02:27 PM
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Rubbish

Cheers
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post #6 of 17 Old 09-05-2013, 01:13 AM
 
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Quote:
Originally Posted by Jimmy Chen Shiba DDS View Post
Well to do residents of Hong Kong seem to revel in similar eccentric hobby or show of affluence. Humans are interesting creatures indeed. Totally incomprehensible.

w/ smiles

Jimmy
I've never liked customized plate and some in the UK are borderline terrible.

His choice though, still don't see how F1 and Bugatti go together. Maybe on a Ferrari or McLaren...

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post #7 of 17 Old 09-05-2013, 02:36 AM
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He should stick the F and the 1 together and make it look like an A - much more blingy - should increase the value to at least 10 mil.


interesting way for the DVLA to talk up no plate prices.


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post #8 of 17 Old 09-05-2013, 03:39 AM
 
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I think he will sell it in the next two year for around 9 million pounds, its just a matter of time before some Arab dude living in London (like Mr. Al-Thani) buys it for his new P1
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post #9 of 17 Old 09-05-2013, 07:50 AM
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After reading this yesterday I ordered two plates.

F1 - SCUD

F1 - Mac
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post #10 of 17 Old 09-05-2013, 12:37 PM
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Quote:
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After reading this yesterday I ordered two plates.

F1 - SCUD

F1 - Mac
Dougie.....
The 2nd plate you've gone and bought sounds like a burger, you chump, lol

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post #11 of 17 Old 09-05-2013, 01:25 PM
 
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Quote:
Originally Posted by champagne612 View Post
After reading this yesterday I ordered two plates.

F1 - SCUD

F1 - Mac
Why not F1 MCLRN? Or F1 MC...
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post #12 of 17 Old 09-05-2013, 03:57 PM
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Dougie.....
The 2nd plate you've gone and bought sounds like a burger, you chump, lol
Cheeseburger in paradise - you chimp lol
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post #13 of 17 Old 09-05-2013, 04:06 PM
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Originally Posted by NickBongio View Post
Why not F1 MCLRN? Or F1 MC...
I tried - the good ones were taken and my state only allows 6 letters ... no idea why.
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post #14 of 17 Old 09-06-2013, 05:43 AM
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Quote:
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Cheeseburger in paradise - you chimp lol
Lol, go with an actual F1 related Plate, such as F1 KPH - kilometres per hour or MPG - miles per gallon.....I did

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post #15 of 17 Old 09-06-2013, 01:19 PM
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Lol, go with an actual F1 related Plate, such as F1 KPH - kilometres per hour or MPG - miles per gallon.....I did
And didn't it look good!
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'SCUD' Verb. To move fast as if driven by the wind.
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post #16 of 17 Old 09-06-2013, 01:20 PM
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And another.
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'SCUD' Verb. To move fast as if driven by the wind.
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post #17 of 17 Old 09-06-2013, 02:08 PM
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Thanks Russell, nice pic of a wonderful Supercar, Im hoping my 458 Speciale will be as enjoyable, will find out early next year

Yesterday's history, tomorrow's a mystery, today's a gift.....enjoy every minute!


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