Private plates as an investment?
Discussion
Hiya folks, at the moment I`ve got a non dating plate on my car, 3 letters and 3 numbers. I got an online valuation and it`s doubled in value since I`ve owned it in the past 10 years. I was thinking of selling it and getting another one to own as an investment for the next few years. The interest rates are piss poor so it looks like a good move.
Anyone else done this and had good returns?
Anyone else done this and had good returns?
I dislike investors, especially in the motoring world. I consider them to be like bankers, greedy types. They put prices up for those of us who like to use our vehicles. People who buy to use and with a hope of an increase in value is perfectly ok by me however.
Speculation is a gamble and can go either way, if you must hope it works out for you.
Speculation is a gamble and can go either way, if you must hope it works out for you.
Silverbrick said:
Anyone else done this and had good returns?
Afzal Khan (Kahn Desig) has turned down an offer of more than £6 million for his 'F1' registration plate. Which he bought for less than half a million iirc?
Also bought Scott Alexander's NO 1 number plate not long ago?
I heard a rumour, if the EU get its way, all UK number plates will be abolished for European looking ones. Any truth to this?!
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