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Wed Feb 13

Single Digit License Plate Sells For Seven Digits

Number 5 - Single Digit License Plate

Ever wanted your own car plate indicating your name and your preferred set of numbers? Nice right? It gives you this unique feeling, this emotional high that you’re better and a cut-above the rest of the pack. It allows other people to distinguish you from the other vehicles around you. Well if that’s your thing and you have tons of money to spend, why not take a plane and head off to the United Arab Emirates. You’ll end up finding more than sand and camels when you get there. It’s actually the place where you can find the world’s largest mall, the world’s largest tower, a group of islands depicting the map of the world, and very (and I mean very) expensive plates that you can get your grubby little hands on to.

The United Arab Emirates, composed of seven different states or “emirates,” has recently gone bonkers for license plates bearing a single digit. During an auction held in Abu Dhabi, license plates with the numbers “5” and “7” immediately sold out. The plate with the number “5” sold for 25 million dirhams which is equivalent to a whopping $6.75 million while the plate with the number “7” sold for 11 million dirhams, equivalent to $2.97 million. But that’s just the tip of the iceberg. Plans have already been set in place to auction off the mother of all single digit plates, the plate bearing the number “1.” The price tag that this plate could achieve during the auction is expected to set records and make it the most expensive plate in the world.

“As low as the number goes, as high the price goes also,” said Abdullah Al Mannaei, the man responsible for the auction.

Despite the luxurious price tags generated by these auctioned plates, know that the money made from these biddings is for a worthy cause. Income from these high priced plates will be used by the government to fund and help car accident victims. As of this date, five auctions have already been conducted generating an amazing $56 million and selling 300 plates.

That amount could definitely help car accident victims. And probably put kids to school, get rid off world debt and feed an entire populace. But that’s just me.

Sources: TopSpeed, CNN