$20 million Volvo for sale in New York -- here's why the price is so high
Fox News
A 1998 Volvo V70 with a New York vanity plate that says New York is currently listed for sale at $20 million. The owner's family has had the registration for over 40 years and is ready to transfer it with the car.
The blue wagon is pretty much a run-of-the-mill model that’d probably be worth closer under $10,000, if not for one unique feature. The car currently wears a vanity license plate from New York that reads: New York. The owner, who prefers to remain anonymous, told Fox News Autos that he encouraged his father to apply for it as soon as the state made custom plates available back in the 1970s. It's been in the family ever since, passing from a Buick Rivera and to another Volvo before ending up on the V70. Unlike Delaware, the U.K. and a few other places, New York doesn’t allow people to sell their license plates directly, so the $20 million price tag is technically for the car, but there is a legal process available to transfer them, according to the DMV.
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