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HR88B8888 is the most expensive number plate in India which is priced at Rs 1.17 crore. The bidding process and the mathematics of fines have been explained in the video of a user named Arun Pawar. There is a lot of discussion about this number plate these days. With a bidding of Rs 1.17 crore, it is considered to be the most expensive car number plate in India.
New Delhi. ‘HR88B8888’, does this number plate look familiar? If your answer is yes then the reason is that this number plate has been much discussed on the internet for the last few days. This is not an ordinary number plate, rather, it is the most expensive number plate in India. Its price is Rs 1.17 crore. With this price tag, it has created a sensation in the entire country. It is a matter of surprise for most people that why would anyone spend so much money on a number plate. Now another video related to this has surfaced in which a user has explained the complete mathematics behind it. So come, let us know whether this number is really so expensive, how it is bid for, how the price is decided.
Base price is 50 thousand
A user named Arun Pawar told on the internet that the base price of this number in Haryana is Rs 50 thousand. No bid can be made less than this in the base price i.e. bidding. After this the bid can go up to any price. The user also told how you can also bid for such numbers.
Expenses of Rs 11 thousand
According to the user, if you want to bid for such a number then you will have to spend Rs 11,000. There is a registration charge of Rs 10,000 and security of Rs 1,000. By spending this much you can also bid in such bidding. This bidding can go up to any price.
What happens if payment is not made?
In the video, the user tells that you can bid up to any price. Suppose you bid crores of rupees and did not pay it, then you are not given much punishment. Your Rs 11,000 as fine will not be refunded to you. This is the reason why huge bids are made for such number plates but in most of the cases it is not paid as the bidding price is very high. The user claims that the same thing is going to happen in this case too and bidding will be done again for this number.
