UK collector pays $800k for license plate 25 O Are you an aspiring New or Used Car Buyer looking for your dream car? Visit Cars4sa.co.za Filed under: Classics, Auctions, Government/Legal, Ferrari, UK You cant get a vanity license plate in the UK, but Brits have proven their willingness time and time again to part with huge amounts of cash in order to get a particularly desirable number to put on the front and back of their high-priced machinery. This time, a Ferrari collector paid over $800,000 for the license plate 25 O. The princely sum of £518,000 - equivalent to over $814k at todays rates - was paid by John Collins, owner of classic car broker Talacrest. Collins reportedly intends to put it on his Ferrari 250 GT SWB. Whats more is that he had just paid another £130,320 ($205k) for the license plate 250 L that he plans to put on his 1964 Ferrari 250 GT Lusso, the long-wheelbase touring version of the same vehicle. The winning bids were placed at an auction held by the UKs Driver and Vehicle Licensing Agency - the 150th such auction held by the government office, marking its 25th anniversary. The 25 O plate broke the events previous record of £357,000 ($560k), paid in March 2009 for plate number 1 D. In 2008 noted tuner Afzal Kahn bought the license plate F1 for £440,000, which is less than what Collins paid for 25 O but different exchange rates worked that out to $870k at the time. Kahn was said to have turned down a $9 million offer for that plate last year. Continue reading UK collector pays $800k for license plate 25 O UK collector pays $800k for license plate 25 O originally appeared on Autoblog on Mon, 01 Dec 2014 18:01:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
Posted on: Mon, 01 Dec 2014 23:46:23 +0000
Trending Topics
Recently Viewed Topics
© 2015