Mainer’s love their vanity license plates — so much that we’re ranked sixth in the nation for the percentage of personalized license plates (AAMVA). In fact, we love them to the tune of $2.75 million raised from the $25 fee for each vehicle sporting a vanity plate.
But just how valuable is your plate to you? Is it worth $50 per year? Would you pay $100 to keep it?
In an editorial by the Bangor Daily News (The Price of Vanity Plates,1/5/2011), it is suggested that raising the vanity plate fee may be a viable source of additional income for the State. The so-called “low-number” plates are another opportunity for increased revenue as the State only charges a one-time fee of $15, up from $5 a few years ago according to the article
What do you think? Would you pay more for your vanity license plate? Let us know in the comments section below.
See our Links page for more information about purchasing, and searching for, Maine vanity license plates.