Indore VIP Number Auction Sees Sharp Drop In Demand, Coveted 0001 Sells For Just ₹1,000 Above Base Price
Indore (Madhya Pradesh): The enthusiasm for premium vehicle registration numbers in Indore appears to have cooled, with the latest online auction witnessing surprisingly low bids even for the coveted 0001 number. Despite attracting four bidders, the MP09-EE-0001 registration number was sold for just Rs 1.01 lakh, barely Rs 1,000 above its base price of Rs 1 lakh. The modest increase came as a…
The Indore VIP Number Auction in Madhya Pradesh saw a sharp drop in demand for premium vehicle registration numbers, with the coveted 0001 number selling for just Rs 1,000 above its base price of Rs 1 lakh, despite four bidders. This marked a significant decrease from previous auctions, where the same number fetched Rs 2.52 lakh and Rs 2.83 lakh.
The disappointing results came despite record Dhanteras vehicle sales, which had raised expectations of higher demand for fancy registration numbers during the festive season. The auction saw only 55 fancy and VIP registration numbers finding buyers, indicating that while people were willing to purchase new vehicles, they were less inclined to pay extra for premium registration numbers.
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