- Tuesday, July 05, 2022
By: Radhakrishna N S
TWO Indian origin names have been included in the UK’s Driver and Vehicle Licensing Agency’s (DVLA) list of 12 most expensive registrations it sold in the past 30 years.
The Indian name, ‘51 NGH’ (Singh) listed as the third most expensive registration in the list. It was sold for £201, 000 in 2006.
Another number plate with Indian name ‘KR15 HNA’ (Krishna) was sold for £180,000 in 2015 and ranked sixth in the list.
The agency, DVLA celebrates three decades of personalised registration sales this year.
On Tuesday (16), ahead of a three-day live auction, the agency published the 12 most expensive registrations it sold.
The registration ‘25 O’ topped in the list of 12 most expensive registrations that DVLA sold for £400,000 while, ‘250L’ listed as the last entry which was sold for £100,50 in 2014.
The agency holds several live auctions across the UK each year and has almost 60 million registrations for sale on its website.
In the 2018-19 financial year, almost 404,000 registrations were sold by DVLA.
Last year the sale of personalised registrations by DVLA brought in £116 million to the Treasury, most of which came from the thousands of more affordable registrations which are priced from £250.
DVLA Chief Executive Julie Lennard said: “DVLA’s sale of personalised registrations began in the days when the only way to place a bid at the live auction was to attend in person.
“We now live-stream every auction, giving bidders the opportunity to bid for their dream registration online from our live auctions, as well as the many millions we have for sale on our website.”
The first-ever auction in 1989 saw just 74 lots offered for sale at Christie’s London, with the first lot offered for sale by DVLA, 99 MG, selling for £8,000.
DVLA sold 658 registrations in the 1989-90 financial year, increasing to 26,161 the following year.
Personalised registrations have proven a big hit with motorists, with 5.9 million sold since the agency first started selling them in 1989.
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