Personalised Plates
A survey published by the Daily Telegraph in 2003 reported between 10% and 20% appreciation in value for personalised number plates within the UK.
With this in mind it is fair to say that providing you select your personalised number plate carefully there will be a healthy return should you wish to sell the number plate at a future point in time.
The advice we would offer in this instance is to always set your budget realistically and to consider all the alternative car registrations available within this budget. Your choice of format will influence price and always remember that there are usually several ways of achieving the desired result.
The rarety of a personalised number plate will determine its value to a significant degree although other factors play a part. Remember exclusivity relates directly to desireability and to value within the personal number plates market
If you are unsure about the value of a car registration then ask the experts by requesting a number plate valuation. This will remove any uncertainty before you make your investment decision.
A personalised number plate is by definition a personalised item but in many cases the personalisation will apply to other people. The popularity of the association with others will always be a factor in determining future values and we would recommend you consider this when selecting your personal number plate.
As an example of how personalised number plates increase in value we have referenced a small selection of personalised registrations with their purchase values and their current market values.
