For the first time, Texas auctioned off personalized license plates to raise money for the state coffers. It happened at midnight last night. when registered bidders were able to choose from among 33 pre-determined, seven-character plates. Until now, motorists have been able to have only six characters on their plates.
Reports tell us that the plate with the word, Ferrari, on it brought in the most cash - $15,000. Others, like the one that reads, Cowboys, motivated someone to bid more $10,000. At evening's end, the auction had raised a total of $137,000 for Texas.
The winners of the Great Plate Auction will own their plates for 25 years and can renew them for 10 years after that. They'll be able to pass the plates down to their children, who can renew them for another 10 years if they so choose.
Last night's auction got me thinking (again) about vanity plates and what words I would put on one, as well as how much I'd be willing to pay for it.
Since I still drive my beloved 2001 Volvo S40, I could get by cheap and go with something no one else would want. Something obvious. Something like PAID 4, RUSTY or OLD GAL would probably be good choices.