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back to article Man stumps record £375k for number plate

A businessman has stumped a record £375,000 to secure the F1 number plate, the Mirror reports. Afzal Kahn, who owns a car conversion firm, secured his prize at an Essex county council auction, in the process beating the previous record of £331,000 paid for M1. The council had held the plate since 1904. Kahn said: "I am …

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Silver badge

F...

as in FUCKWIT 1

I suppose the best that can be said is that at least he didn't blow the money on drugs.

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Pass the sick bag

Kahn said: "I am privileged to have such a prestigious plate."

No, you're a pathetic idiot who'll be first against the wall when the revolution comes.

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IT Angle

Does not compute...

11111

What’s so special about having 31 on your number plate?

A Robot.

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Anonymous Coward

WHAT?

"he "wanted the number desperately for his Ferrari""

Desperately?

This while people are dying because they can't afford food. Get some perspective.

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Paris Hilton

So...

does it make him drive any better?

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Coat

What a pr1ck

..... and hat please

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Some people

just have far too much money....

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what a prize tw*t

How about the REG (sorry about the pun) creating a Darwin Awards like competition for people doing this sort of thing as they need removing from the gene pool as well e.g. Darwin Awards - Complete Twat Table.

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Coat

So unless...

.. He buys himself a Bugatti Veyron or something similar, the car he puts the plates on would be worth a fraction of what the plates are.

Looks like a case of someone with way too much money.

Mad, aboslutely mad!

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Go

Don't see anything wrong with that...

...it's his money, his choice of how to spend it. The plate will have more of a resale value than a lot of fashion accessories. And will most likely keep its value better than the car it's stuck to.

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@AC

"This while people are dying because they can't afford food. Get some perspective."

Well then, why doesn't whoever he paid for the plate use the money to feed the starving? The F1 geezer's money is being used to finance a safe driving scheme. It would be far worse if these people left their money sitting in a bank and didn't redistribute it by buying tat.

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Whats wrong with that?

If i had lots of money i would buy a gold plated Itanium processor! That license plate doesnt seem like such a waste of money now does it?

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Dead Vulture

Shows how much it's not worth having

That Bernie Eccleston didnt even bother looking

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Stop

@ David Harper and others

Firstly he has the money because he has set up a successful business (with all that implies) so good for him. Secondly the money he has spent is being ploughed back into the community. All in all, a rather good example of a free economy in action. His taste is questionable however, but that's up to him.

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He could have had this one for much less

W4NKR

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Unhappy

@ 4a$$Monkey

Hex F1 in binary is 11110001, or 241. If you're going to snark, get it right.

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Flame

Name and shame

How about publishing the name of the company, so the rest of the world can boycott it?

Surely if the company is doing well enough that the owner can pay himself sufficiently to be able to shell out 375k on a number plate, the company must be ripping off its clientelle something chronic, and so should be avoided until they make their pricing scheme more realistic.

And yes, I am bitter. I'm struggling to buy my house, and it's half the price of this tw*t's latest acquisition.

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Boffin

@4a$$Monkey

Surely that should be 11110001? (241)

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Hmm

Wasn't there a proverb about a fool and his money?

Also Chris W, I think that he'd of got more out of £375k's worth of drugs and booze than he will out of the plate.

Personally, I'd of gone for hookers and blackjack, a la Bender.

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Does compute

Not such a waste of money "The cash from the sale will be directed into a safe-driving scheme for young motorists." Better than burning a hole in Mr Kahn's pocket.

These expensive plates are a no lose situatiuon, rich guy go's away happy with nice plate, government get wad of cash from rich guy to use on the safe-driving scheme, then again, that's trusting this government to actually do something useful with that scheme, hmmm

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IT Angle

One you 'might' like

I saw C7RL F just last week. (illegally spaced I know)

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Paris Hilton

Would n't it be cheaper ...

To just change your number plates to 'F1' anyway, or maybe "TO55 ERS" is better, and pay the fines?

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Coat

I wonder if Essex CC is going to get a slice of that plate to its c tax payers?

Earlier, a few years ago ECC bought "ECC 1" for £7 000 for its executive car, in return to sell F1 and 1F, two of the oldest plates in Britain.

I get my coat,

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Paris Hilton

Name and Coward - Read the Frikking Ariticle and the Comment

The comment was about the fellow who bought the plate "111111" for his Ferrari. "111111" is the binary representation of 31.

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Stop

@AC and By Name

Pay attention 007 (111). 11111 was a reference to the *other* plate mentioned in the article - the one on the Ferrari. Not the British one bought from Essex council.

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Bob
Unhappy

Am i the only one...

who read this:

"The cash from the sale will be directed into a safe-driving scheme for young motorists."

and translated it as "more traffic cameras"?

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Tim
Flame

@Mike, ad f-ing hominem

Mr Kahn worked hard at building his business and this, along with his taxes, is just more money he's putting back into society. A lot more than your contribution I'm sure. His company - Project Kahn - pimps out Range Rovers for the 'urban' elite. Very bling and all that. 'Ripping off' doesn't even come into it. Bit like saying you should boycott Tiffany's because £10,000 is too much for an earring. Not for some it ain't.

Anyway you're not so pure. All you're doing is pushing up the prices of houses yet further by sitting on the 'demand' side when the market is at a peak, thus making it even harder for people more deserving than you to get a foot on the ladder.

Jealousy of someone else's success is a vile trait. What you've failed to grasp is that while you're busy whingeing away with your neo-socialist bollocks about high earners you're busy trying to line your own pockets with a massively leveraged purchase of a highly speculative asset. There's nothing worse than some anti capitalist twat ranting on about how unfair the fat cats are when they don't even realise that they're just another example of the very thing they profess to hate.

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why the fuss?

What's the big deal here? So he spent that on a number plate, how is that hurting anyone or anything except his own bank balance? and in this case, it wouldn't exactly hurt that, I say if he's got the cash to do it, why the hell not?

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tom
Thumb Up

A hell of a lot of people not understanding...

People buy these type of plates as an investment.

It's like buying a piece of art, Picassos don't sell for millions purely because of artistic quality, they sell because in a few years time they will sell for more. Same with an 80 year old bottle of wine, or shares in google, or half a ton of gold bullion, or another house...

Once you've got as much cash as this guy you want to spread the risk, especially with an impending recession when the stock markets and property are likely to lose more value than art & trinkets. A number plate is just as worthy as any other investment even if it is worth more than my house and car put together.

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Anonymous Coward

Title

In this world some folk can clearly accumulate more wealth than they are worth to society (or they inherit it) so for some instinctively understanding the real value of money, isn't an issue. Maybe £365k to him seemed the same as £36.50 to those of us that form the masses. The excessively rich will always indulge themselves like this. This is hardly an exception.

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Linux

obligatory linux angle

Prev story from el reg -

http://www.theregister.co.uk/2007/10/22/linux_numberplate/

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Name Games

P155 0FF - Might be the old type, but I would say its still doing the rounds somewhere.

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Anonymous Coward

F1

Isn't F1 windows-speak for 'help!' ?

I'm guessing he's a desperate lonely windows geek making a very public cry for help?

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Anonymous Coward

Blown fuse

Anyone who was disgusted by this story must have blown a fuse when they read this:

http://www.theregister.co.uk/2006/05/23/mobile_number_sold/

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Boffin

@Tim

"neo-socialist bollocks"

Care to explain what's "neo" about it?

I'm sure the people who made the £375k would work less hard if the govt took it off the prick in tax.

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Joke

What's the likelihood

That Bernie Ecclestone will sue him for copyright infringement?

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Canny

Resale value probably keeps up with inflation for the next boom, nationwide press coverage The Times, Mirror, Sun etc for what is a niche business needing a scatter gun approach. Charitable side involved aids publicity.

Press cuttings for showroom, website, glitz.

Repeat when selling.

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Thumb Down

But he could have had...

But he could have had "CHUMP" so much cheaper...

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Or this one

WNK 3 R

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Gates Horns

that's exactly ...

... 37,500 hot arsed teenage lap dancers. All at once.

What a tool.

Or 375000 Essex girls.

Maybe he's not so dumb.

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Tch...

Unbelievably backward comments from some here.

I presume those bleating about this bloke having 'too much money to spend' have never bought themselves anything that isn't a complete necessity?

375 grand to him maybe the same as £3.75 to you, he earned it and paid the tax, he can spend it on whatever the hell he likes.

£3.75 will feed someone for a week in parts of the third world so don't you dare buy yourself a DVD. Muppets.

I wondered about this plate because I used to see it on Ford Granada's and the like round my way, didn't realize the council owned it.

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Bronze badge
Joke

to heck with "F 1"

How about "F U"!

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Joke

Why not just

save money on an expensive personalised car number plate by simply changing

your name to match your existing plate.

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Coat

@ Ian Peters, Re Complete Twat Table

Nice Idea - unfortunately - Too many nominations for one life time.

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Paris Hilton

@ Tim

Well said. Very eloquently spoken. And a F*ck you to all the haters who seem to think that they have a right to judge! FFS, i wouldn't mind betting that all the people, that commented negatively, would give their eye teeth for the ability to provide for their family as this man can. All you have to do is concentrate and work hard. A concept lost on most of the inhabitants of this green and pleasant land!

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Go

You think that's allot?

Across the pond Delaware tag # 6 is expected to sell for around 1 million dollars...

www.delawareonline.com/apps/pbcs.dll/article?AID=/20080120/NEWS/801200351/1006/NEWS

A few years ago the prize to a contest/lottery was a 1950 something car with a matching Delaware 2 digit tag. The tag at that time was worth more than the car.

No, it doesn't make any sense to most people here either......

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Anonymous Coward

Bernie will want it !!

Im sure Bernie Ecclestone will be happy to pay £1m plus for such a registration as F1 so maybe that guy is not so stupid.

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Anonymous Coward

Nothing special

Locally I see lots of plates which are obviously worth a lot of cash.

In some cases these are appropriate, like 'V8' on an Aston Martin VAntage (one of the proper old ones)

And a few which are just pure ego (like the modified Range Rover with a plate that somehow spelled 'ORGASM'?!)

The truly expensive plates though were/are on normal cars. I've seen both the ''letter' 1' plates that can be interpreted as names (there are two; work it out), which by being a '1' plate AND being a name would be worth 6 figures. But the actual cars themselves were nothing special, as can be confirmed by a registration lookup

(Ok, having just looked one has shifted from a Peugeot 307CC to a Lamborghini, but it *was* on the Peugeot)

Personally I wouldn't bother with a memorable personal plate, I just think it would have too many potential downsides. Just some old non-date coded number would be enough.

Also I wouldn't have sold off F1, as it was a bit of history and an asset. Now it's just a small amount of cash pissed away on something that has no retained value, and probably no long term benefit.

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Go

Well done!

I think the guy has the right to buy it with his own money.

If he's earned the money and paid the TAX on his earnings, i say good investment. He's probably already on the phone to Bernie Ecclestone

Essex council will do a lot with that money.

The spread effect of money will help alot of people.

Go Kahn

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Capitlulism

Sure, it's OK to rise to the 'top' and be a big earner, maybe we should get to a point first though, where no-one in the world is starving before we insult them in such ways.

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