Number Plate as an investment?
Discussion
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 carI 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.
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.
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!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.
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
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 beI 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.
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 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. 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 goUser33678888 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!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!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!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.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 goI 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.
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.
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.
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.
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
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