Number plates worth more than cars?!

Number plates worth more than cars?!

Author
Discussion

simonrockman

6,857 posts

256 months

Tuesday 28th June 2022
quotequote all
lowdrag said:
A bit off topic, but I know a couple of people here who have cars worth more than their houses!
There is a thread for that.

QuattroDave

1,467 posts

129 months

Tuesday 28th June 2022
quotequote all
sxmwht said:
Gavin0478 said:
Where do you find out the purchase prices of the numberplates please as curious cheers.
here

Edited by sxmwht on Tuesday 10th May 14:54
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!

Shnozz

27,487 posts

272 months

Tuesday 28th June 2022
quotequote all
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!

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.

JRFrench

1,051 posts

99 months

Tuesday 28th June 2022
quotequote all
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.

The other one does sound rather ambitious though. I’m assuming from its sale price it’s not a dateless plate at all.

Blakewater

4,310 posts

158 months

Tuesday 28th June 2022
quotequote all
CRA1G said:
JRFrench said:
CRA1G said:
Now " DEV 1L " has sold last week for £300K I wonder what it will end up on.? I suspect something still worth more....!
Just been assigned to a Fiesta worth probably less than £5k…..love it biggrin

The Devil is in the detail.....? Definitely seems a strange one.....?confused
I saw this car a few weeks ago coming out of the Windy Harbour Holiday Park near Poulton-le-Fylde.

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?

Edited by Blakewater on Tuesday 28th June 23:11

Ambleton

6,660 posts

193 months

Tuesday 28th June 2022
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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

Pat H

8,056 posts

257 months

Wednesday 29th June 2022
quotequote all
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

1 posts

22 months

Thursday 4th August 2022
quotequote all
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!

Jaguar steve

9,232 posts

211 months

Thursday 4th August 2022
quotequote all
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.

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. smile

NumBMW

789 posts

130 months

Saturday 15th October 2022
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A180 spec, very well looked after but definitely cheaper than the plate

GMac1

199 posts

42 months

Saturday 15th October 2022
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[url]
|https://thumbsnap.com/rnuyT37y[/url]
One of my plates on my daily Volvo, probably 4 times the car value.

Wildcat45

8,075 posts

190 months

Saturday 15th October 2022
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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

158 posts

19 months

Saturday 15th October 2022
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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.

NomduJour

19,131 posts

260 months

Sunday 16th October 2022
quotequote all
NumBMW said:


A180 spec, very well looked after but definitely cheaper than the plate


That has lived there for years (as has the SC430 that’s usually next to it).

A.J.M

7,917 posts

187 months

Sunday 16th October 2022
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Got to be worth a couple of quid.


Muddle238

3,904 posts

114 months

Sunday 16th October 2022
quotequote all
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?..... scratchchin

sxmwht

1,565 posts

60 months

Monday 17th October 2022
quotequote all
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.
Sounds like total bullst

P5BNij

15,875 posts

107 months

Monday 17th October 2022
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'67 GT' on a black Bentley this morning.

ChocolateFrog

25,442 posts

174 months

Tuesday 18th October 2022
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I assume KEN 7 is worth more than the van.


smithyithy

7,258 posts

119 months

Tuesday 18th October 2022
quotequote all
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?

I often wonder if people with old and potentially valuable plates like those realise the value and are holding onto it, or not