Since their humble begining in 1903, cherished numbers have continued to increase in popularity often adding the finishing touch to our prized posessions and very often prove to be a valuable investment.

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.

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

2010 Car Number Plates

We’re now just over a month away from the introduction of the 2010 number plate on all new cars hitting the road after the beginning of March.

While the excitement surrounding the introduction of new number plates may go over some people’s heads, during the past few years a real demand has grown for personalised plates, with some selling for an absolute fortune at auction.

Music legend Elton John’s former number plate ELT 70N recently went up for auction for just under £1,000, but that’s nothing compared to the £113,815 one crazy person (in the nicest sense) shelled out on a 1 HRH number plate auctioned by the DVLA at the beginning of 2009. And even that has some way to go to surpass £254,000 paid to take ownership of the 51 NGH plate.

For your protection and to ensure a fair and professional service, we are members of The Institute of Registration Agents and Dealers (MIRAD).

Our office can be contacted by email or by telephone on 01482 628 628 or by pOst to Image Registration Marks, PO Box 123, Hessle, HU13 0YJ.

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.