Even in the early days, people recognised the significance and enjoyment brought by owning a prestigious or personalised number plate and often kept them within the family for many years. Their significance is often highly personalised to their owners. Some like to have a registration that originated in their local area, some are attracted to owning their own initials and others enjoy the fun of a word based registration mark.

The number plate 1D was bought for a record £352,000 at auction yesterday.

Tycoon Nabil Bishara won it in fierce bidding and plans to put it on his wife’s Bentley.

His £352,411 offer beats the previous £254,000 best for a DVLA sale, set by 51NGH in 2006. The DVLA’s Damian Lawson said after the auction in Claverdon, Warks: “We’re absolutely over the moon.”

Britain’s priciest car reg is F1, bought privately for £440,625 in 2008 by Afzal Kahn of Bradford, West Yorks.

Potential investors in registration plates often consider private purchases, via newspaper ads, or classified ads from owners looking for a quick sale. However, this can be somewhat time consuming.

At the other end of the scale, when the time comes to get rid of your personalised registration plate there are numerous avenues to explore. Many sought-after registration plates have been known to sell for thousands of pounds. As long as your registration plate has retail or sentimental value to others, it is quite possible that you can make a profit on your initial investment.

Potential investors in registration plates often consider private purchases, via newspaper ads, or classified ads from owners looking for a quick sale. However, this can be somewhat time consuming.

At the other end of the scale, when the time comes to get rid of your personalised registration plate there are numerous avenues to explore. Many sought-after registration plates have been known to sell for thousands of pounds. As long as your registration plate has retail or sentimental value to others, it is quite possible that you can make a profit on your initial investment.

http://www.image-reg.com

The UK’s most expensive number plate to date is the F1 registration number purchased by a British businessman for £440,625 in 2008, though that’s just small change compared to the £7m spent by Abu Dhabi-based Saeed Khouri on the 1 number plate – officially the largest sum of money ever spent on a registration number.

Cherished Number Auction Listing Now Online

The cherished registration auction listing is now available online at the Image Reg website.

Prices are still subdued so its a perfect time to invest in cherished plates.

We also offer a bidding service so why not let us take the strain for you and have over 13 years of experience at hand.

Contact us now to find our more, 01482 627 628.