'ARA8S' license plate up for grabs for $400k

Wealthy Arabs are being targeted for what could be one of the most expensive license plate sales in the UK, with an asking price of up to US$400,000.
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The number plate 'ARA8S' is up for grabs and the English collector selling it wants it to go to one of the Middle East speed freaks increasingly seen driving around London in flashy vehicles.
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He is unlikely to have much difficulty in enticing a buyer, considering wealthy Arabs have a history of paying extraordinary amounts for the right to flash their status on a car - often worth as much as the licence plate alone.
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UAE capital Abu Dhabi dominated a global list of the most expensive plates ever sold, with 37 of the top 50, recently compiled for Arabian Business by Regtransfers website, the UK’s largest independent dealer in personalised number plates.
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Read more: http://www.arabianbusiness.com/-ara8s-license-plate-up-for-grabs-for-400k-488651.html