Fox News - Fair & Balanced
Search Site

Wednesday, April 7, 2010 as of 11:14 AM ET

U.S.

Kris Gutierrez

Dallas, TX

comments

Sold… To the Highest Bidder!

January 14, 2011 - 2:46 PM | by: Kris Gutierrez

Everything is bigger in Texas, even the prices people are willing to pay for personalized license plates.

To help combat a multi-billion dollar budget deficit, the lone star state held its first ever license plate auction last night. The event was paid for by myplates.com. Myplates.com is the vendor hired by the state to market and sell the new seven-character license plates, while giving the state a cut of the money. Bidders paid more than $139,000 to snatch up the 33 pre-selected plates. Roughly $84,000 of that will go into the state’s general revenue fund.

To date, myplates.com has given the state more than 2.5 million dollars. It’s guaranteed the state $25 million over the next five years.

Must-haves from the auction:

1. FERRARI – sold for $15,000
2. COWBOYS – sold for $11,500
3. GO HORNS – sold for $10,500
4. RANGERS – sold for $10,000

Still up for grabs… FOX NEWS

blog comments powered by Disqus