Hi
I am thinking about buying some personal number plates as I have heard they increase approx 15% in value per year, does anyone have any knowledge of this, is this value a fair one or over the top?
Thanks in advance.

I have never heard that

The only thing I have heard when people want to sell plates they have bought is they lost money, they either don't sell as the personal thing the plate represents doesn't mean anything to anyone else, apart from those whose initials they represent, so few and fair between

or they get contact buy registration sales companies who pay peanuts and sell them with 2 or 3 extra zeros on the end

the only person i know who could have made money is Tim, FA57 RRS was bought for something like £300 off the DVLA before they realised FA57 spelt FAST and he was offered something like £10K by a bloke who owned a Ford Focus RS, but he didn't sell it Former Mod/Member, with the most post & Chicken George Arch nemesis

Ta
It's not just initials, I am looking at some that have ROB in them, and affordable

if you like it buy it, don't buy it as an investment though

I always wanted my initials, NJP born of the 5th so 5 NJP was what i found but at £5k i thought not a chance and nothing else quite fits the bill Former Mod/Member, with the most post & Chicken George Arch nemesis

A11 EEX was mine. Bought for £200 sold or £800 15 years later. I was quoted £3,000 but surprise surprise no buyers at that price... 2 years later I had that offer but I had already sold it

It's only worth whatever someone is prepared to pay for it and even then it may take some time to sell.

Last edited by AiiEEX on 12th Aug 2013 2:45 pm. Edited 1 time in total

Hi Mr K!

I bought 3 cherished number plates roughly 10 years ago, one for me and the others for my brothers. None of them have gone up or down in value as far as I know.

Prefix style number plates are still available direct through the DVLA website and other plates which are similar to mine are still selling at exactly the same price as what I bought mine for.

As stated previously a number plate is only worth as much as what someone else is willing to pay for it, but I wouldn't agree that general plates go up 15% each year unless they are really rare/special.

Hope that helps

That's a first for me that they go up in value 15% each year
Had mine a while now, and ill be lucky if its gone up 1.5. %

If this was the case ill buy one every week  BETTER looking half of the famous Twinlanders
The wanna be other half - http://www.freel2.com/forum/member-carriec.html

Sounds like a load of old BO11OKS to me.  Past: FL2 TD4 HSE Auto
Evoque SD4 Dynamic Lux Auto
Present: Audi A3 S Line.

My plate, including the paperwork cost about £300, I've had it since I was 18 and its now worth a grand total of £400

There goes my retirement fund, back to the drawing board. 21MY Defender 90 S 3.0 D200

Steve D wrote:

Sounds like a load of old BO11OKS to me.

Nice reply why didn't I think of that  BETTER looking half of the famous Twinlanders
The wanna be other half - http://www.freel2.com/forum/member-carriec.html

I own 3 private number plates and if its true they go up in value by 15% a year then I'd own a lot more than just the 3!! Black FL2
L200 Warrior

my plates cost me £600 and been offered on a specialist plate selling site for £1000 so must be worth more fore them to sell on for a profit. Needless to say my B3 DOG plate is not for sale Ex 2010 Freelander2 GS-e Diesel manual Silver owner

Slaneydore wrote:

Steve D wrote:

Sounds like a load of old BO11OKS to me.

Nice reply why didn't I think of that

You were too busy playing with your PEN1S  Former Mod/Member, with the most post & Chicken George Arch nemesis

Saw ORG45M on an Aston Vanquish a while ago. Not sure I would want that plate on when visiting the mother in law ! _________________
Gone - 2010 Rimini XS

AiiEEX wrote:

A11 EEX was mine