Filed under: Classics, Auctions, Government/Legal, Ferrari, UK

You can't get a vanity license plate in the UK, but Brits have proven their willingness time and time again to part with huge amounts of cash in order to get a particularly desirable number to put on the front and back of their high-priced machinery. This time, a Ferrari collector paid over $800,000 for the license plate "25 O."

The princely sum of £518,000 - equivalent to over $814k at today's rates - was paid by John Collins, owner of classic car broker Talacrest. Collins reportedly intends to put it on his Ferrari 250 GT SWB. What's more is that he had just paid another £130,320 ($205k) for the license plate "250 L" that he plans to put on his 1964 Ferrari 250 GT Lusso, the long-wheelbase touring version of the same vehicle. The winning bids were placed at an auction held by the UK's Driver and Vehicle Licensing Agency - the 150th such auction held by the government office, marking its 25th anniversary.

The "25 O" plate broke the event's previous record of £357,000 ($560k), paid in March 2009 for plate number "1 D." In 2008 noted tuner Afzal Kahn bought the license plate "F1" for £440,000, which is less than what Collins paid for "25 O" but different exchange rates worked that out to $870k at the time. Kahn was said to have turned down a $9 million offer for that plate last year.

Continue reading UK collector pays $800k for license plate '25 O'

UK collector pays $800k for license plate '25 O' originally appeared on Autoblog on Mon, 01 Dec 2014 18:01:00 EST. Please see our terms for use of feeds.

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