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Man Turns Down Millions For License Plate

united kingdom private plate collections bugatti veyron british record

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#1 Hum

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Posted 23 August 2013 - 23:56

A businessman has turned down an offer of more than £6million (9.3 million dollars)  :|  for his 'F1' registration plate - enough cash to buy him 600 Ford Fiestas.

Afzal Kahn has spent hundreds of thousands of pounds building up one of the country’s most impressive private plate collections.

And the most desirable of the registrations is his beloved 'F1', which currently sits on the front of his Bugatti Veyron supercar.

The entrepreneur caused a stir when, in 2008, he paid a staggering £440,000 for the cherished plate - a British record.

But it’s proven to be a savvy investment with the plate’s value increasing by more than ten times after one ultra-rich individual offered £6million for it.

The highest price paid for a plate sold by the DVLA in the UK was £352,000 for plate 1 D.

The staggering sum of money could have bought six more Bugatti Veyrons, 75 Range Rovers or 600 Ford Fiestas.

However, Mr Kahn, who runs A Kahn Design in Bradford, rejected the offer believing it is worth considerably more.

Indeed, he has no pressing need for new cars, with our pictures also showing him posing with the plate attached to his Mercedes SLR McLaren, which go for between £200,00 and £300,000 second hand.

Mr Khan's refusal to sell the plate means that he still likely holds the record for spending the most money on a UK registration plate.

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#2 Skin

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Posted 24 August 2013 - 00:05

on the front of the car?



#3 Atomic Wanderer Chicken

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Posted 24 August 2013 - 00:10

What a dummy, he should have taken the money!



#4 OP Hum

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Posted 24 August 2013 - 00:11

For 9.3 million, I'd expect some sort of a car, to go with the plate. :huh:



#5 Growled

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Posted 24 August 2013 - 02:13

For 9.3 million, I'd expect some sort of a car, to go with the plate. :huh:

Heck, I would have thrown my house in too. :D



#6 +GreenMartian

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Posted 24 August 2013 - 03:11

What a dummy, he should have taken the money!

Does he look like someone in need of more money?  :laugh:



#7 Buttus

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Posted 24 August 2013 - 03:25

Does he look like someone in need of more money?  :laugh:

 

right!



#8 HellboundIRL

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Posted 24 August 2013 - 03:27

600 ford fiestas? He must be gutted after realising that.





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