Vanity License Plates

[jake75]

Yesterday's WStJ had an article about the United Arab Republic auctioning off vanity plates, for example if you wanted your plate to be "Shiite 1" you'd have to bid against others to get that plate. Saeed Khouri paid $14 mil for the plate "1". "9" went for $4.2 mil. "29" for $530,000. Hong Kong does the same thingI am going to waste 42 cents and send the article to Ohio Gov. Strickland. This would make more money than his recent move to allow Keno in bars.

[KNINE]

Save a stamp, email him.

[Sublimewind]

Quote, originally posted by jake75 »Yesterday's WStJ had an article about the United Arab Republic auctioning off vanity plates, for example if you wanted your plate to be "Shiite 1" you'd have to bid against others to get that plate. Saeed Khouri paid $14 mil for the plate "1". "9" went for $4.2 mil. "29" for $530,000. Hong Kong does the same thingI am going to waste 42 cents and send the article to Ohio Gov. Strickland. This would make more money than his recent move to allow Keno in bars. So, would you rather pay the going rate for a vanity plate? Or would you rather risk having to pay more??14mill for a #1 on your plate, that man should be shot in the face... with a bazooka

[jake75]

Quote, originally posted by K-NINE »Save a stamp, email him.My best guess is that the Gov is less likely to see an e-mail than a fax or a mailed letter. I sent by fax with hard copy by mail.Added a little "humor" - said that the vanity plate "OHIO SUCKS" might also fetch a good price - then added "Just kidding!".

[jake75]

Quote, originally posted by Sublimewind »So, would you rather pay the going rate for a vanity plate? Or would you rather risk having to pay more??14mill for a #1 on your plate, that man should be shot in the face... with a bazookaI am too frugal to even pay the going rate (about a $50 premium) for a vanity plate. However, this is classic supply and demand situation. Why should the state continue to issue these plates (I have seen one around here just reads just "E") for a $50 premium when they could auction them off for thousands. I do note that the low character plates seem to mostly be on expensive cars so the owners are likely the wealthy - and could afford to pay a premium. The problem will be that the wealthy will not want to be deprived of or pay more for their cherished low character status symbol license plates, and these same wealthy are the ones making the contributions to the politicians so this is not likely to go anywhere. On the other hand, the State has recently expanded its gambling activities to Keno games in bars to extract more revenue from a segment of the population that really cannot afford it.By the way - I am a conservative, but I know the difference between right and wrong, just and unjust..

[Bikerscum]

I have 09 GT on order.... cost me $41.

[JohnC]

Quote, originally posted by jake75 », for example if you wanted your plate to be "Shiite 1" you'd have to bid against others to get that plate. Saeed Khouri paid $14 mil for the plate "1". "9" went for $4.2 mil. "29" for $530,000. This helps explain $4/gallon gas. It is too bad the middle east countries do no invest in thier people and infrastructure. Someday thier oil is going to run out.

[jake75]

Quote, originally posted by JohnC »This helps explain $4/gallon gas. It is too bad the middle east countries do no invest in their people and infrastructure. Someday their oil is going to run out.I believe the explanation for $4 gas is still largely supply and demand.The money doesn't evaporate - it is just transferred from these rich people to somewhere else. The article said the proceeds from the auction will be used by the UAE govt. to build a new trauma hospital for traffic-accident victims. I would expect that this new hospital will be equipped with a lot of stuff bought from the USA.

[Bikerscum]

Forgot to mention.... the plate on my Harley is DIYPSCM.