NUMBER PLATE FACTS:Number Plates as an alternative investment
Investing in car registration plates may seem like an unorthodox way of making money and a considerable statement in the process. Nevertheless, hundreds of investors and drivers now choose to purchase car registration plates with significant future returns available. The most obvious reason for purchasing car registration plates is to personalise your vehicle, to make you stand out from the crowd.
Even a mere decade ago, drivers with personalised registration plates were seen as wealthy and successful. In the present day, car registration plates are now more accessible and economical for the everyday working man to purchase. Drivers looking for a potential investment must keep in mind that the registration plate they purchase must be easy to sell on in the future.
Unique Number Plates
Y B-ZAR?
Because his license plate is APRIST — short for apiarist, a fancy word for beekeeper.
“Lots of people don’t get it, because it’s not a very common word,” said Clark, who keeps honeybees in the backyard of his Old Louisville home. “Every once in a while, somebody sees is and asks me about beekeeping and honey. But the whole point of a vanity plate is to create a word which is just like the real words but is itself a puzzle, so when you’re driving down the road, it’s ‘Oh, yeah, I got it!’”
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.
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Number Plate Suppliers, do they have to be registered?
The short answer to the question is YES.
If you are buying a cherished plate through a registered (MIRAD) dealer who is also a registered number plate supplier (RNPS) with the DVLA then they can supply the plates for you.
Sales manager at Image Registrations Bruno Morris said “if we are supplying the cherished number to the client and transferring it onto the vehicle for them then we already have established proof of ownership and identity during the transfer procedure. It saves the customer a lot of hassle by enabling us to supply the registration plates with the completed paperwork”.