Number plates worth more than cars?!
Discussion
sxmwht said:
Gavin0478 said:
Where do you find out the purchase prices of the numberplates please as curious cheers.
hereEdited by sxmwht on Tuesday 10th May 14:54
Just looked up two registrations I'm interested in, both for sale at £7,500 each on reg transfers, one was bought for £2,400 in 2011 and the other £500 in 2019!
Least I won't feel bad when I make a low offer!
QuattroDave said:
Thank you for that.
Just looked up two registrations I'm interested in, both for sale at £7,500 each on reg transfers, one was bought for £2,400 in 2011 and the other £500 in 2019!
Least I won't feel bad when I make a low offer!
Fair to say that number plates have not been immune to the rampant inflation between 2011 and today, although perhaps less so since 2019! Just looked up two registrations I'm interested in, both for sale at £7,500 each on reg transfers, one was bought for £2,400 in 2011 and the other £500 in 2019!
Least I won't feel bad when I make a low offer!
There was a plate I was after that was offered for £11k ish that had sold around 2011 for £2.5k. There weren't interested in offers that were not very close to asking. Highlighting the purchase cost fell on deaf ears.
QuattroDave said:
Thank you for that.
Just looked up two registrations I'm interested in, both for sale at £7,500 each on reg transfers, one was bought for £2,400 in 2011 and the other £500 in 2019!
Least I won't feel bad when I make a low offer!
Bear in mind the first actually cost the buyer £3160 after fees, and in the last 10 years the demand and values have gone rather crazy. Depends what kind of plate it is but to be asking over £5k isn’t a surprise.Just looked up two registrations I'm interested in, both for sale at £7,500 each on reg transfers, one was bought for £2,400 in 2011 and the other £500 in 2019!
Least I won't feel bad when I make a low offer!
The other one does sound rather ambitious though. I’m assuming from its sale price it’s not a dateless plate at all.
CRA1G said:
JRFrench said:
The Devil is in the detail.....? Definitely seems a strange one.....?Pat H said:
My in laws are past masters at having cars worth less than their number plates.
For the last 45 years, one of them has been on nothing more exotic than a Mini.
What's the story? Did they buy the registrations fairly cheaply or inherit them or just have money but choose to have fairly ordinary cars?For the last 45 years, one of them has been on nothing more exotic than a Mini.
Edited by Blakewater on Tuesday 28th June 23:11
My MiL has a 50s austin that is on its original staffordshire plate. She's owned it for about 50yrs.
Car is maybe worth less than the plate as its 4 numbers and one letter. People have asked to buy the car in the past but I think they're only interested in splitting and selling the plate/car separately.
Imo they're worth more together
Car is maybe worth less than the plate as its 4 numbers and one letter. People have asked to buy the car in the past but I think they're only interested in splitting and selling the plate/car separately.
Imo they're worth more together
Blakewater said:
What's the story? Did they buy the registrations fairly cheaply or inherit them or just have money but choose to have fairly ordinary cars?
A bit of both.My father in law's Dad acquired the plates about 50 years ago. In those days they were pretty much worthless. He paid £15 for one of them.
Since then, they have been on a succession of fairly modest cars, the most exotic of which was a MINI Cooper S. They are just not sufficiently interested in cars to squander money on them.
They have had plenty of people wanting to buy, including an offer comfortably into six figures for one of the plates. But they don't need the cash and they have been a successful, if unintended, investment.
And now, of course, they have developed some sentimental value, which is a little absurd. Quite how can you get sentimental over a bloody number plate is beyond me.
texukgal said:
Oh yes, that sentimental attachment!
Just decided to look into selling our 3 letter 1 number plate (the 1 number is number 1)
We'll see how that goes!
I have a three letter number 1 too.Just decided to look into selling our 3 letter 1 number plate (the 1 number is number 1)
We'll see how that goes!
I'm genuinely torn between keeping it or selling it as well, because on the one hand it's been in the family since the '30s so it's got plenty of history and weddings and funerals and sentimental attachment but on the other hand I'm not at all comfortable with the whole concept of vanity plates and feel rather too much like a narcissistic attention-we on the very few occasions I drive the car it's allocated to.
Neither of my kids wanted it when offered and both have told me if or when it does eventually come their way they'll flog it as soon as they can so any decision could well up being theirs and not mine.
Not uncommon. Where I used to live (Tynemouth) there were a lot of older wealthy local folk. The area used to be a borough in its own right but was made part of a bigger authority in the 1970s. One thing it lost, was its registration letters, FT which became a mark which represented the bigger area with other letters.
There was, and still is a lot of snobbery about Tynemouth not being a borough and being lumped in with some of the roughest parts of Tyneside for the purposes of local government.
Well into the 20th Century, there were FT and a single number plates in the area usually on inexpensive small cars - Fiestas and the like driven by retired people.
Castellet said:
A dealer recently told me that, because so many cars are now ubiquitous EVs - smart and efficient but clinically similar - owners are buying/investing in distinctive cherished plates to give themselves a bit more individual identity.
A car dealer or a number plate dealer?..... Ambleton said:
My MiL has a 50s austin that is on its original staffordshire plate. She's owned it for about 50yrs.
Car is maybe worth less than the plate as its 4 numbers and one letter. People have asked to buy the car in the past but I think they're only interested in splitting and selling the plate/car separately.
Imo they're worth more together
Is she aware of the potential value, or does she have plans to sell it / pass it down in the future?Car is maybe worth less than the plate as its 4 numbers and one letter. People have asked to buy the car in the past but I think they're only interested in splitting and selling the plate/car separately.
Imo they're worth more together
I often wonder if people with old and potentially valuable plates like those realise the value and are holding onto it, or not
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