In April 2023, an anonymous bidder purchased the license plate P7 for 55 million dirhams ($15 million) at a charity auction in Dubai. The all-white vanity plate is considered the most expensive license plate in the world.
The proceeds from the sale will go to "One Billion Meals," a campaign run by Sheikh Mohammed bin Rashid Al Maktoum to help vulnerable communities during Ramadan.
Vanity plates are symbols of status and exclusivity, and their values can skyrocket. Some of the rarest plates are single digit plates, but according to the duPont Registry, two-character repeater plates are even more valuable.
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