This happens in Ludhiana: $6,800 for car number plate
This happens in Ludhiana: $6,800 for car number plate
How much money are you ready to cough up for a car number plate?

Ludhiana: How much money are you ready to cough out from you pocket to get a car number plate of your choice? Can it equal the amount of nearly fetching a brand new car?

Rohit Nagpal of Ludhiana left many of his fellows gasping during an auction when he made the highest bid vouching for a VIP number 0001 with Rs 2,72,000.

The second highest price with Rs 92,000 was for 0009.

Organised by the District Transport Authority of Ludhiana for the first time, the success of the auction of vehicle numbers made through an open auction system left the officials with a long smile on their faces.

“The Government had reserved three series number. The response has been good. All the numbers have gone 10 to 14 times more that the reserved price, which is indeed good news. The Government will earn much more revenue as compared to earlier times," said Karamjeet Singh, Additional State Transport Commissioner of Punjab.

"The notification for all the reserved numbers was already made a month in advance. Its process had been started at all the places and at some places even advertisements were released,” Singh added.

Other contenders enjoyed simply cherished being part of such an event by being a member of the exclusive club of car owners parading single digit and other specific VIP car registration plates.

"I had this craze of having such numbers. Previously, also I had such numbers in my vehicles. I just wanted number 6 because I have fondness for this number. This time too I thought of getting one for my vehicle and I even succeeded in making it," said Tarsem Singh, one of the bidders.

"We have seen big and eminent people possessing such numbers. I do not know why it is done but I just thought of having it, since it is used by very few cars," said Rohit Nagpal, another bidder at the auction.

In Chandigarh, especially, people have a craze for VIP and fancy car registration numbers. Last year, a car registration number was sold for a whopping Rs 5,05,000!

Motivated by the success of the auction, the transport authorities are planning for many more similar auctions on other places in future.

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