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1 The World of Personal Number Plates Issue 29 - Regtransfers.co.uk

1 The World of Personal Number Plates Issue 29 - Regtransfers.co.uk

1 The World of Personal Number Plates Issue 29 - Regtransfers.co.uk

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<strong>The</strong> Alternative Investment<br />

SM 7<br />

28 JC<br />

23 D<br />

“Cherished numbers<br />

are a great investment<br />

these days.”<br />

Stirling Moss<br />

“If you look back over<br />

the last ten years, the<br />

value <strong>of</strong> number<br />

plates has gone up<br />

quite a lot.”<br />

James Caan<br />

“It’s the easiest thing<br />

in the world to sell<br />

and buy a number<br />

plate through<br />

<strong>Regtransfers</strong>.”<br />

Duncan Bannatyne<br />

Some examples <strong>of</strong> return on investment*<br />

Registration Date 1 Price Date 2 Price Increase<br />

OBR 133N Feb 2011 £650 Sep 2011 £3,500 438%<br />

1 PEY Feb 2004 £5,200 Jan 2010 £20,681 <strong>29</strong>8%<br />

HEN 2Y Jun 2005 £6,300 Jan 2010 £20,000 217%<br />

HLS 6 Mar 2011 £1,900 May 2011 £5,600 195%<br />

7 GAG Dec 2010 £1,900 Jan 2012 £5,250 176%<br />

3 HDA Feb 2011 £1,900 May 2011 £5,100 168%<br />

11 EEE Oct 2009 £2,100 Feb 2012 £4,500 114%<br />

79 PB Sep 2008 £5,600 Jan 2010 £11,830 111%<br />

3 GFS Mar 2011 £1,900 May 2011 £3,800 100%<br />

3 NSJ Jun 2010 £1,900 Feb 2012 £3,750 97%<br />

110 PS Oct 2009 £2,600 Jan 2010 £4,823 86%<br />

4 SSA Mar 2011 £1,900 Sep 2011 £3,500 84%<br />

3 CHS Mar 2011 £1,900 Sep 2011 £3,200 68%<br />

2 LEJ Oct 2007 £2,733 Jan 2010 £4,236 55%<br />

2 RRD Feb 2007 £3,238 Jan 2010 £4,710 45%<br />

*Some prices may have been subject to fees and/or taxes<br />

£82,814 June 2010 Partly inspired by<br />

the growing<br />

number <strong>of</strong><br />

spectacular<br />

prices that have<br />

hit the headlines<br />

in recent years,<br />

more and more<br />

purchasers<br />

seem to be<br />

selecting their<br />

car registration purchases with a<br />

speculative eye.<br />

For some buyers future pr<strong>of</strong>it is<br />

be<strong>co</strong>ming as important, or more<br />

important, a <strong>co</strong>nsideration than<br />

immediate amusement or enjoyment.<br />

Business people and entrepreneurs<br />

have joined the celebrity ranks thanks<br />

to TV programmes such as Dragons’<br />

Den and <strong>The</strong> Apprentice, and it is<br />

striking how many <strong>of</strong> these successful<br />

and astute individuals are private plate<br />

owners.<br />

Of <strong>co</strong>urse, it takes knowledge <strong>of</strong> the<br />

marketplace to get the most out <strong>of</strong><br />

buying and selling number plates.<br />

<strong>The</strong>re are many factors that can<br />

influence the value <strong>of</strong> a registration<br />

number, including:<br />

Popularity <strong>of</strong> names and initials<br />

<strong>The</strong> potential demand for registrations<br />

suitable for John Smith is significantly<br />

larger than the potential demand for<br />

numbers suitable for Winston<br />

Aardvark. Prices reflect the difference<br />

in scale <strong>of</strong> the potential market.<br />

Scarcity, exclusivity and quality<br />

<strong>The</strong> large sums paid for ‘number 1’<br />

plates such as F 1, G 1, 1 RH, 1 HRH<br />

and 1 O reflect the relative scarcity <strong>of</strong><br />

such registrations. Not only is the<br />

number <strong>of</strong> these plates limited, but<br />

owners are <strong>of</strong>ten reluctant to part with<br />

them.<br />

Visual effectiveness<br />

<strong>The</strong> more closely a registration<br />

number resembles a name or word,<br />

the more desirable it is and,<br />

<strong>co</strong>nsequently, the more valuable.<br />

For many words and names there are<br />

several possible ways to represent<br />

them on a car registration. <strong>The</strong> best<br />

approximation will be the<br />

most valuable.<br />

<strong>The</strong>re are many more aspects to<br />

<strong>co</strong>nsider. It can take a lot <strong>of</strong> time and<br />

study to get a good grasp <strong>of</strong> how<br />

number plates are valued.<br />

While some people enjoy the exercise,<br />

in the same way as some study the<br />

stock markets and others follow racing<br />

form, for most the guidance <strong>of</strong> a<br />

specialist, pr<strong>of</strong>essional <strong>co</strong>mpany<br />

is preferable.<br />

No number plates <strong>co</strong>mpany can<br />

predict or guarantee the future<br />

performance <strong>of</strong> a car registration’s<br />

value, but <strong>Regtransfers</strong> can provide<br />

information that may help the buyer to<br />

make an informed decision.<br />

To find out more, please call:<br />

Donna Allen on 01582 969395 or<br />

email: donna@regtransfers.<strong>co</strong>.<strong>uk</strong>

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