Number '5' UAE license plate sold for $6.75M

‘Yeah its…this is like a…Yeah.’ Those are the words Talal, owner of the most expensive license plate in the world. The oil-rich region of the world, United Arab Emirates, holds the world record for the six most expensive plates where Talal, owner of the number ‘5′, cashed out $6.75 million.

Basically the lower the number your car has, the more status you have. Drivers are battling it out at auctions for a chance to show off with their lowest digit license plate.

Click through for more info and a video.

While that may sound stupid and completely crazy, the money raised from the auction goes to a government charity that pays out big chunks to victims of traffic accidents. Talal says that he’d be willing to drop $15 to $20 million for number ‘1′.

And you thought Project Kanh Boss Afzal Khan was crazy for dropping over $800k ‘F1′ in the UK.

 

Vanity Plates Sell for Millions:

 

Source: CNN (via Jalopnik)

[tags]Cars, Car, Auto, Automobile, Vehicles, Technology, Auto News, News, Automotive, Off, Beat[/tags]

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