Number Plate as an investment?

Number Plate as an investment?

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Discussion

Blown2CV

28,804 posts

203 months

Sunday 15th March 2015
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rhys92 said:
Blown2CV said:
i was given one as a rather odd gift years ago, and i don't have it on my car. I don't think they're an investment as a) they don't appreciate and b) some are pretty specific to an individual, and consequently have a narrow market. If you wanted to sell you'd need to list it with a plate dealer for years before getting less than you paid for it. st idea.
i had a friend who got one for her 21st, it was pretty much her initials and random letters dont think she was overly impressed. theres a gooden near me which pretty much says My Wife - but its on a Getz haha must be worth 10x the value of the car
quite a gutting present in a way as it looks st, and the person who's obliged to pay for transfers and retentions forever, aswell as the shame of driving around with "DAD 462"... they can't even sell the fker despite it being obvious they'd rather have the £££.

ging84

8,893 posts

146 months

Sunday 15th March 2015
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I would say if a cheap car came on the market with the plate
F488 GTB, that plate could be worth several thousand £ to someone as the new Ferrari comes, and the seller of the car may have no idea.
If it was something a bit less collectable, not quite as much. But I would have though most plates which exactly match a model, is going to be worth at least £500-1k to someone unless it's a really undesirable car.

iamed

261 posts

174 months

Sunday 15th March 2015
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It's a gamble. Only gamble with money you can afford to lose. How much would you be buying it for?

Blown2CV

28,804 posts

203 months

Sunday 15th March 2015
quotequote all
ging84 said:
I would say if a cheap car came on the market with the plate
F488 GTB, that plate could be worth several thousand £ to someone as the new Ferrari comes, and the seller of the car may have no idea.
If it was something a bit less collectable, not quite as much. But I would have though most plates which exactly match a model, is going to be worth at least £500-1k to someone unless it's a really undesirable car.
Ah so it's a good investment if you can con someone's elderly grandmother. I see now!

ecsrobin

17,114 posts

165 months

Sunday 15th March 2015
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rhys92 said:
ecsrobin said:
If it's already available and it hasn't been purchased yet then there's most likely a reason behind that wink
Cant think what that reason would be - however, other similar plates' prefix's are around the same price so to me looks as it should be
What I mean is there are lots of people who buy up plates to sell if it's for a new car coming out don't think your the only person to POF had the idea to buy it. So if it's been for sale for a while the guys who do it for a living clearly don't think much of it.

Ari

19,347 posts

215 months

Sunday 15th March 2015
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I think the only plates really likely to be a good investment are classic 'proper' two letter two number types, or three letter one number. And even then they have to be 'common' letters. NS11 is good, KX11 less so.

Some people like novelty plates that refer to cars, but with a few notable and specific exceptions (like 25O) I don't think they ever tend to be worth a lot.

I wouldn't gamble £1,000 in the hope that it might be worth more. At best it might be worth a couple of grand, at worst nothing. Might as well stick £1,000 on red at roulette.

AlmostUseful

3,282 posts

200 months

Sunday 15th March 2015
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I saw on Twitter earlier that Harry Metcalf used to have the plate 4E but sold it to fund Evo Magazine, turns out it's quite possible to buy a number plate as a worthwhile investment.

Blown2CV

28,804 posts

203 months

Sunday 15th March 2015
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AlmostUseful said:
I saw on Twitter earlier that Harry Metcalf used to have the plate 4E but sold it to fund Evo Magazine, turns out it's quite possible to buy a number plate as a worthwhile investment.
He didn't buy it today, he bought it in the past. I don't think it's possible to buy a plate as an investment today.

Claudia Skies

1,098 posts

116 months

Sunday 15th March 2015
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Investment?

Well, at least a decent number plate will almost certainly stand a better chance of holding its value than the car to which it is attached! smile

IanMorewood

4,309 posts

248 months

Sunday 15th March 2015
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rhys92 said:
IanMorewood said:
If you have the cash to spare then buy it, worst that can happen is that you have to sit on the plate for a while before you can recover your money.
im fairly young - recently out of uni so dont have it spare, but have a gut feeling about this one. if i decide not il put up what is was and hopefully someone else might give it a go
So that's a no go then.

Number 5

2,748 posts

195 months

Sunday 15th March 2015
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Troubleatmill said:
The plate wouldn't happen to be
RE66ERA


But the car is REGERA
I had to google that


getmecoat

FalconWood

1,359 posts

197 months

Sunday 15th March 2015
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User33678888 said:
rhys92 said:
User33678888 said:
What yield are you expecting?
i'd expect it at least double - i dont know much about costs involved in selling (commission, placing online etc) definitely going to do some digging before i consider it!
I don't think you understood the question. Very simply, the yield is the income you'd expect to receive from an investment. This number plate is not going to bring you a penny until you sell it, so it's just speculation. It is your money to do with as you wish, but don't come on here expecting nothing but praise for your wonderful eye for a fantastic investment that just so happens to not actually give you any interest, dividend or income.
Jesus your aggressive!!

FalconWood

1,359 posts

197 months

Sunday 15th March 2015
quotequote all
User33678888 said:
rhys92 said:
User33678888 said:
What yield are you expecting?
i'd expect it at least double - i dont know much about costs involved in selling (commission, placing online etc) definitely going to do some digging before i consider it!
I don't think you understood the question. Very simply, the yield is the income you'd expect to receive from an investment. This number plate is not going to bring you a penny until you sell it, so it's just speculation. It is your money to do with as you wish, but don't come on here expecting nothing but praise for your wonderful eye for a fantastic investment that just so happens to not actually give you any interest, dividend or income.
Jesus your aggressive!!

FalconWood

1,359 posts

197 months

Sunday 15th March 2015
quotequote all
User33678888 said:
rhys92 said:
User33678888 said:
What yield are you expecting?
i'd expect it at least double - i dont know much about costs involved in selling (commission, placing online etc) definitely going to do some digging before i consider it!
I don't think you understood the question. Very simply, the yield is the income you'd expect to receive from an investment. This number plate is not going to bring you a penny until you sell it, so it's just speculation. It is your money to do with as you wish, but don't come on here expecting nothing but praise for your wonderful eye for a fantastic investment that just so happens to not actually give you any interest, dividend or income.
Jesus your aggressive!!

AlmostUseful

3,282 posts

200 months

Monday 16th March 2015
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FalconWood said:
Jesus your aggressive!!
Says the guy that posted that 3 times!!

TooMany2cvs

29,008 posts

126 months

Monday 16th March 2015
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rhys92 said:
There is a fast car coming out soon which ive seen number plate which would suit it down to the ground. Currently its at a very reasonable price (below £1000) but could imagine it at least tripling when the car is released. Its definitely not a bodge job and genuinely would look pretty cool!
I'm surprised the UK importer hasn't already snaffled it up for their press fleet, if it's THAT apposite.

rejn

1,991 posts

222 months

Monday 16th March 2015
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IanMorewood said:
rhys92 said:
IanMorewood said:
If you have the cash to spare then buy it, worst that can happen is that you have to sit on the plate for a while before you can recover your money.
im fairly young - recently out of uni so dont have it spare, but have a gut feeling about this one. if i decide not il put up what is was and hopefully someone else might give it a go
So that's a no go then.
OP - I'd concur with the above. If you've got a pile of cash sitting around, then number plates can be a gamble. But if you ever need the cash in a hurry, you'll really struggle to sell.

I bought 73DN from a DVLA auction for around £2600 (I assumed I couldn't lost money on it at that price) - and have had it for sale with regtransfers for years now without a sniff of interest. My wife thinks I'm mad for buying in the first place, and I'm starting to think she may have a point!! Paying another few quid a year to keep it on retention is also annoying...

Maybe in a few years once the DVLA has run out of 2x2 to issue, the market will rise, but given the large number of such numbers plates (I guess around 80,000?) I can't see there been loads of money to be made.

PompeyPaul

519 posts

183 months

Monday 16th March 2015
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FalconWood said:
Jesus your aggressive!!
Jesus you're repetitive! biggrin

Crockefeller

327 posts

156 months

Monday 16th March 2015
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I've bought 3 plates over the years and have now sold 2 of them. The 3rd is also for sale.

I thought that the two I sold were going to make me a much bigger profit than they eventually did. In the end it took years to sell them and the renewal fees were annoying. I wouldn't bother doing it again unless it was a plate I actually wanted on my car whilst it was advertised.

PH5121

1,963 posts

213 months

Monday 16th March 2015
quotequote all
I got a plate from my parents for my 18th birthday, four numbers and the two letter of my initials. I would imagine that it was worth today about what they paid for it twenty odd years ago. The value doesn't matter to me, I will always put the plate on my cars.

I don't think number plates are a particularly good investment, buy it if it means some thing to you. Don't buy it thinking you will make a vast profit.

Edited by PH5121 on Monday 16th March 11:11