Do all private number plates go up in value? And if they do, does that mean that all number plates are a good investment?
The truth is that not all number plates are an investment. If you want to buy a number plate with investment in mind, here are 5 tips to help you along your way…..
- Choose carefully. Buy the best ‘quality’ registration number you can afford.
- Consider who might want to buy your number plate. Choose one that will appeal to the widest possible audience.
- Compare prices with other number plates similar to the one you are considering investing in.
- Your number plate may drop in value initially, particularly if you bought from a dealer.
- Allow for DVLA fees, which apply when transferring or renewing your registration number.
Number plates are not suited to everyone’s investment portfolio. So you need to be sure it’s right for you!
Read more about investing in number plates….
January 7, 2008 at 12:55 am
[...] my earlier post on investing in private number plates for more [...]
May 10, 2008 at 8:02 am
[...] Unfortunately, not all number plates go up in value. I’ve blogged previously about buying a personal number plate for investment so I won’t repeat myself here. Save to say that a little careful thought can make a [...]