In CA and AZ vanity plates are first come, first served. You cannot sell them either. You either keep them on a car, or you can keep on paying to keep it out of circulation forever. But once you give it up it goes back to the pool, and someone can get it.
Also, my vanity plate is $0 more than a normal plate. Why wouldn't I?
I guess you're in AZ? In CA, the absurd yearly cost is enough to keep me from bothering with anything more than the basic olates.