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Tuesday 18th September 2012

£1 million numberplate goes on sale

Let's hope they get it centred up a bit better



The £1 million number plate has gone up for sale, 99 years after it was first allocated to a prehistoric PHer.

The X1 plate is being advertised for sale by Regtransfers, and McLaren may have the ideal customer for it - the owner of the one-off X-1. Given the car’s rumoured price tag of ‘well into seven figures’, they could probably afford it, too.

McLaren's X-1 would be the obvious choice...
McLaren's X-1 would be the obvious choice...
That £1 million price tag will stand for the next few weeks: if it doesn’t sell by then, it’ll go up for auction and most likely confirm its status as the UK’s most expensive private plate. The current record is £440,000 for F1, paid by Bradford businessman (and well-known vehicle tuner) Afzal Kahn in 2008. With transfer and auction fees, he ended up paying £500k all told. He was apparently offered £5m for it in 2010, but turned it down.

Northumberland City Council first issued the X1 registration in 1903 to, it seems, one of the UK’s first PHers, a doughty chap who was given the plate in recognition of his efforts in overturning the ‘red flag’ Locomotive Act legislation and removing the UK’s paltry 4mph speed limit. He was part of a committee based in Tynemouth, other members of which were given the successive plates X2-X5. Was it foresightedness that saw them leave out X6?

...this X1 perhaps being less obvious
...this X1 perhaps being less obvious
Whether the X-1’s owner will take up the plate remains to be seen. Rumour has it he/she is based in the Middle East, and as such might not be interested. In which case, any well-heeled BMW X1 owner who fancies inflating the price of their car by 40 times knows where to apply.

richardaucock
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AA355

Original Poster:

103 posts

75 months

[news] 
Tuesday 18th September 2012 quote quote all
Forgive me for asking but why is this plate worth £1 million?
Wouldnt A1 be worth more? Nope I dont see it....

Face for Radio

1,777 posts

53 months

[news] 
Tuesday 18th September 2012 quote quote all
[quote]The current record is £440,000 for F1, paid by Bradford businessman (and well-known vehicle tuner) Afzal Kahn in 2008. With transfer and auction fees, he ended up paying £500k all told. He was apparently offered £5m for it in 2010, but turned it down.
[/quote]

st businessman if he turned down an offer that allowed him a £4.5million profit on something he had bought.

Chucklehead

1,143 posts

94 months

[news] 
Tuesday 18th September 2012 quote quote all
I saw X1 a while back.. posted in the good plate thread:


DodoRacing

390 posts

93 months

[news] 
Tuesday 18th September 2012 quote quote all
Last week in London I saw a license plate that read "ONE". That's it! I wonder how much that would be worth?

0a

13,281 posts

80 months

[news] 
Tuesday 18th September 2012 quote quote all
Face for Radio said:
st businessman if he turned down an offer that allowed him a £4.5million profit on something he had bought.
Maybe he likes it or thinks he can sell it for more?
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CampDavid

8,679 posts

84 months

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Tuesday 18th September 2012 quote quote all
5 Million quid for F1. That sounds more than believable.

In other news, here's a picture of Jimmy Hill


Fire99

8,683 posts

115 months

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Tuesday 18th September 2012 quote quote all
Not a bad 'plate' but not £1 million good! In fact, not £50k good.

sleep envy

61,892 posts

135 months

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Tuesday 18th September 2012 quote quote all
I saw a plate last w/e which read 'NIC 1'

How does that work, is it an old NI plate?

WCZ

2,309 posts

80 months

[news] 
Tuesday 18th September 2012 quote quote all
Fire99 said:
Not a bad 'plate' but not £1 million good! In fact, not £50k good.
+1

extremely overpriced.

RUSSELLM

4,948 posts

133 months

[news] 
Tuesday 18th September 2012 quote quote all
Slightly unconnected, but I spotted 'D1' on a Cayenne Turbo recently, driving through Smethwick, West Mids.
Brave man.

Schermerhorn

2,040 posts

75 months

[news] 
Tuesday 18th September 2012 quote quote all
What about '1'?


or K1 NG5 (sultan of brueni)



Pork

8,613 posts

120 months

[news] 
Tuesday 18th September 2012 quote quote all
AA355 said:
Forgive me for asking but why is this plate worth £1 million?
Wouldnt A1 be worth more? Nope I dont see it....
Quite. I love plates, but just cannot see it being worth £1m. I thought this was owned by Tom Hartley? At this risk of offending some plate buffs, I'd love to see it go for £100-150k or something.

Face for Radio said:
st businessman if he turned down an offer that allowed him a £4.5million profit on something he had bought.
st business man or clever storyteller/self publicist? No matter how much you think it will be worth, if you get an offer which would return you 10 x what you paid for something, you're either mad or think that it will be worth more than that. In this case, I think he's mad either way. F1 worth £5m+? I suppose he's banking on Bernie Ecclestone wanting it, but personally, I cant see it happening.

keith2.2

301 posts

81 months

[news] 
Tuesday 18th September 2012 quote quote all
Pork said:
hit business man or clever storyteller/self publicist? No matter how much you think it will be worth, if you get an offer which would return you 10 x what you paid for something, you're either mad or think that it will be worth more than that.
..or you like it and don't need the money...

Pork

8,613 posts

120 months

[news] 
Tuesday 18th September 2012 quote quote all
keith2.2 said:
..or you like it and don't need the money...
I s'pose, but then thats an emotional purchase not a business purchase.

HairbearTE

585 posts

40 months

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Tuesday 18th September 2012 quote quote all
Not only is X1 not worth a million, it has been touted around for a lot less that half that amount for quite a while now!! One can only assume that this new publicity drive is aimed at buyers who haven't been offered the plate for a fraction of that sum already!

minimoog

2,768 posts

105 months

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Tuesday 18th September 2012 quote quote all
Sure I used to see this plate on a very boring silver Astra or somesuch around the Alnwick area a few years back.

nickbee

423 posts

123 months

[news] 
Tuesday 18th September 2012 quote quote all
Schermerhorn said:
What about '1'?

or K1 NG5 (sultan of brueni)
Neither of them are valid UK plates. K1 NGS was famously expensive, but I've never heard of it being bought by the Sultan.

As for £1 million for X1, dream on. Typical of asking prices on Regtransfers, which are beyond optimistic most of the time. The story about turning down £5m for F1 is fantasy too.

LARK F1 GTR

60 posts

32 months

[news] 
Tuesday 18th September 2012 quote quote all
Schermerhorn said:
What about '1'?


or K1 NG5 (sultan of brueni)
1 - is not a UK reg plate.

The plate you've put down isn't even a UK reg plate. The plate was K1 NGS which sold for about £235K

- Edit, just beaten to it!

Edited by LARK F1 GTR on Tuesday 18th September 12:19

Vipers

19,332 posts

114 months

[news] 
Tuesday 18th September 2012 quote quote all
AA355 said:
Forgive me for asking but why is this plate worth £1 million?
Wouldnt A1 be worth more? Nope I dont see it....
Neither do I.




smile

LARK F1 GTR

60 posts

32 months

[news] 
Tuesday 18th September 2012 quote quote all
WCZ said:
Fire99 said:
Not a bad 'plate' but not £1 million good! In fact, not £50k good.
+1

extremely overpriced.
Agreed, silly price!!
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