INSANE: This TX License Plate Sold for Almost $35K

The second most expensive license plate in Texas was just bought for $34,500.

Yep, someone had more than $35 grand to spend on a license plate, including taxes and fees– all for the lucky number “8.”

There is only Texas license plate with the number 8, which is why it fetched such a high price at auction.

Texas uses a vendor, MyPlates.com to market and sell specialty and personalized license plates. Its most recent auction resulted in $78,000 in sales, with $46,728 going to the states’ general fund.

Texas license “3” sold for $33,000, making it the third most expensive license plate sold in Texas.

The only single letter plate being offered at auction this year is “J,” for $10,500.

 

 

 

 

“My Plates” are available through the Texas Department of Motor Vehicles. Texans have purchased more than 345,000 My Plates since November 2009, the equivalent of over $62 million. The money goes directly to the state’s general revenue fund.

The most expensive Texas license plate is “12THMAN,” which sold for $115,000 in 2013.

Specialty plates can have names, acronyms, or animals and personalized in many ways:

Plate owners can sell or gift their license number to someone else and its rights are transferable. Being able to transfer a license number to a family member or friend makes the license plate a financial investment. Once someone wins their bid for a plate at auction, they own the right to it for five years. After five years they have first rights of refusal to renew the plate at the state’s registration rate.

Interested in more news from Texas? We've got you covered! See More Texas News
Previous Article
Next Article

Trending on The Hayride