A unique numbered car plate SHJ-7 was auctioned for a whooping AED 5 million in Sharjah recently, an amount which people might hardly imagine paying even for a Dubai used car. CarSwitch.com gives you all the details in its latest scoop.
That’s right, folks! Millions of dirhams were generated through this auction with the highest bid on plate number 7, that went up from AED 1 million to AED 5 million. Depending on the number on the license plate, the starting bids ranged from AED 5,000 to AED 1 million.
The auction held this Saturday for distinctive number plates at Al Jawaher Reception and Convention was organized by the Sharjah Police and Emirates Auction. This auction had more than 300 bidders.
Other noticeable number plates included number 20 which raised AED 1.9 million, number 14 which raised AED 1.81 million. Also, number 55 and 69 were able to fetch AED 1.55 million and AED 1.25 million respectively.
The winners of the bids needed to present a guarantee cheque which was reimbursed in the event that a number was not obtained by the member.
To surprise you more, this isn’t the highest price that has been paid for a number plate. A businessman from Dubai, UAE paid AED 33 million for a Dubai number plate D5. Imagine, the bid amounts if classic or vintage cars went up for auction in Dubai, UAE.
Well, now we know that if UAE residents are willing to spend such a lavish amount on a car number plate, they would be willing to spend reasonably well for a well-maintained Dubai used car. So, visit CarSwitch.com whether you need to sell any car or buy a new or used car.
