Number plates as an investment.
Investing in
cherished number plates has become a
serious prospect along the lines of investing in fine art or wine. A
decent knowledge of the personalised
number plate
market and the approximate values of
private number plates is essential if
you intend to make any significant financial investment in private number plates.
Generally
personalised number plates which clearly
and simply read words or very old/short private number plates such as B1 or Y1
carry the highest prices; as with anything however, the value of
car registration number plates is dictated by the marketplace and buyer sentiment.
Some
very expensive car registration number plates have appeared at
DVLA
auctions an in the private markets- K1NGS was one of the most
notable private plates- selling for £233000 and allegedly bought by the sultan
of Brunei- this cherished plate broke the mould and raised the bar for
private number plate
values.
At the time of writing the most recent
expensive personalised number plate was F1- purchased for over £400k when all fees
have been paid- more than double the cost of the supercar on which it is
assigned.
So how can you tell which plates to buy
and what's going to make money? Well as private number plates are all unique the
market allows for "look-alike" and second best private number plates- there can
be only one J4MES for example, but J44MES and J444MES would have a
proportionate value in the marketplace.
Vehicle specific car number plates are also
a good prospect- when car manufacturers announce new vehicles to be
launched there is an opportunity to purchase car number plates which would be
suitable- notable vehicle specific cherished plates are M3 BMW / X5 BMW and
N15SAN.
Asian number plates have also seen a
surge in recent years- any cherished number plate resembling an Asian word or name-
SINGH in particular- carries a premium.
See also..
Private
number plates for business
www.smashing-plates.com
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