A personalised number plate has been sold at auction for £518,000 by Swansea based DVLA setting a new British record.
The acquisition of registration “25 O” was sold during the event at The Vale Resort, in Vale of Glamorgan to John Collins, owner of Ferrari dealer Talacrest and smashed it’s reserve price of just £4000.
Berkshire-based Mr Collins commented: “I was just determined to own them, it was a case of how much I was going to pay for the privilege.”
Just three hours prior to breaking the British record Mr Collins had paid a staggering £130,320 for the number “250 L” bringing his total spend for the day to £648,320. .
The record was previously held by ‘F 1’, which was sold to businessman Afzal Kahn for £440,625 in 2008.
As you will no doubt expect, both registration numbers will find new homes onto classic Ferraris. ‘25 O’ will sit proudly on a Ferrari 250 SWB that was once owned by music legend Eric Clapton, while ‘250 L’ will be transferred to a 1964 Ferrari 250 GT Lusso.
The DVLA has now raised more than £2 billion for the Treasury in 25 years of selling personalised registration numbers.
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