0001 car no attracts record bid in Chandigarh | india | Hindustan Times
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0001 car no attracts record bid in Chandigarh

india Updated: Oct 16, 2006 08:28 IST
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A newly launched series of VIP car registration numbers attracted quite a few bidders in Chandigarh with the highest bid being a whopping Rs 360,000.

The registration number CH 03-Y-0001 was bagged for that amount by a steel company in an open auction held in Chandigarh by the local registration and licensing authority.

This is the second highest bid for the 0001 number in recent years in the city. However, the make of the car that will don the new number is not yet known.

The reserve price for the number this time was Rs 25,000 but the presence of six bidders ensured that the auction price went up.

The registration number 0002 in the same series fetched Rs 56,000 while 0007 got Rs 192,000. Other single digit numbers—0005, 0008, 0009—fetched between Rs 16,000 and Rs 17,500 against a reserve price of Rs 15,000.

The highest bid for a similar number in the series CH 03-U-0001 had gone for Rs 505,000 last year. In July, the registration number CH 03-X-0001 had gone for Rs 200,000 while an earlier series number CH 03-V-0001 had gone for Rs 305,000.

Indian cricketer Yuvraj Singh, who hails from the city, too figured in the auction with two numbers being bid on his behalf. He got the preferential numbers CH 03-Y-0012 and 1212 for Rs 10,700 and Rs 5,000 respectively. He reportedly wanted these numbers as his birthday falls on December 12.

The last number of the new series 9999 went for Rs 10,350 while number 0010 went for Rs 50,000.

The next registration series—CH 03-Z—is likely to be launched in three-four months, said an official.

Chandigarh is a major centre for the sale of vehicles in northern India. According to local automobile dealers, many people buy high-end cars starting from Rs 750,000 onwards.