PESHAWAR: The Khyber Pakhtunkhwa Excise Department announced an auction for 40 new choice number plates, which will benefit vehicle owners.
The department announced the auction date which will take place on February 14. The choice number plates will include popular names such as Syed, Qadri, Jatoi, Raja and Pashtun along with other names.
The auction will include number plates which bear the names of various districts that include Khyber, Buner, Mohmand, Kohat and other regions.
The Excise Department established a base price of Rs 1 million for each unique choice number plate. The auction for a specific number plate will be delayed if fewer than three bidders join the auction.
All participants who want to join need to pay a security deposit of Rs 100000, according to official statements. Bidders who win the auction must pay the total auction amount right after the auction ends.
The department confirmed that all auction proceedings will proceed with complete transparency at every stage.
Historic auction of personalized number plates ‘Afridi 1’ sold for record price
On January 27, the auction of personalized Marks Choice number plates in Peshawar, the capital of Khyber Pakhtunkhwa, set a new record where Afridi 1 was sold at a record price of 14 million and 50 thousand rupees.
Due to the extraordinary interest of the public, a large number of number plates were auctioned for crores of rupees, which is expected to generate a huge amount of money for the provincial treasury.
Javed Afridi’s highest bid for ‘Afridi 1
The biggest attraction of the auction was the “AFRIDI 1” number plate, which was bought by Peshawar Zalmi owner and well-known businessman Javed Afridi. A record bid of Rs 14 million 50 thousand was placed on this number plate, which has proven to be the most expensive number plate ever.
The auction of ‘Khan 1’ also crossed the crore mark
The second-highest bid during the auction was on “KHAN 1”. MPA Neik Muhammad Khan bought this attractive number plate for a hefty price of Rs 11 million.
A large number of car enthusiasts participated right from the start of the auction. According to the Excise Department, the auction process is still ongoing, and it is expected that other tribal and personalized names will also attract high bids.
For the first time in the history of Khyber Pakhtunkhwa, number plates with such names have been introduced through a regular auction. Officials said that the aim of this initiative is not only to provide enthusiasts with numbers of their choice but also to increase the province’s revenue.
