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December 27, 2012 1 min read
THE DVLA has cashed in on the lucrative personalised number plate market by raising more than £4million in a mega sale.
A total of 1,500 registration plates went under the hammer at the event at Mercedes-Benz World in Surrey.
The top-selling plate was 100 O which, after a bidding frenzy, sold to an anonymous bidder for £71,360 — almost five times its £15,000 estimate.
This made the plate more expensive than a new BMW M3, Lotus Evora, Range Rover Sport or an entry-level Porsche 911.
The same mystery buyer also paid £36,368 for the plate 50 OOO — taking his total spend to £107,728.
Other plates included BU11OCK, which fetched £29,800, and 91 S which sold for £29,090.
The total raised at the three-day auction, which ended on Saturday, was £4,020,805.
Around £3.75million will go to the Treasury.
A DVLA spokesman said: “We’re extremely happy with the results. It was a very good sale which exceeded expectations.”
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