Are Personalised Number Plates a Good Investment?
A survey published by the Daily Telegraph in 2003 reported between 10% and 20% appreciation in value for personalised number plates within the UK.
With this in mind it is fair to say that providing you select your personal number plate carefully there will be a healthy return should you wish to sell the number plate at a future point in time.
The advice we would offer in this instance is to always set your budget realistically and to consider all the alternative car registrations available within this budget. Your choice of format will influence price and always remember that there are usually several ways of achieving the desired result.
Intrinsic Value and Number Plate Rarety are Directly Related
The rarety of a personalised number plate will determine its value to a large extent although other factors play a part. Remember exclusivity relates directly to desireability and to value within the private number plates market.
If you are unsure about the value of a car registration then ask the experts by requesting a number plate valuation. This will remove any uncertainty before you make your investment decision.
A personalised number plate is by definition a personalised item but in many cases the personalisation will apply to other people. The popularity of the association with others will always be a factor in determining future values and we would recommend you consider this when selecting your personal number plate.
Our High Quality Focussed Investment Strategy Explained
Our stock personalised number plates are high value numbers secured from DVLA auctions or from private clients whilst we are always looking to buy high quality numbers into our increasing stock-holding of exclusive cherished numbers.
Our business investment strategy is based on our knowledge of the cherished numbers market and a firm belief that values will increase as exclusive numbers become more desireable in the market place.
As an example of how private number plates increase in value we have referenced a small selection of car registrations with their purchase values and their current market values.
We provide a number plate valuation service for existing owners of cherished number plates and should you believe you have a valuable personalised number plate then please visit our valuation page.