Thread: Personal Plates
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Old 26-Apr-2005, 10:21
Bungi Bungi is offline
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i have dealt with personalised plate as a bit of a hobby for a number of years,

DVLA are certainly increasing their prices on the personalised registrations they have available, it was easier to make money buying direct from DVLA and selling private o few years ago, the real problem is it is a very limited market in terms of sale and if you choose to invest you must invest money you dont need to get back as thay can take an enourmous amount of time to sell, its not a quick turnover type thing,

the DVLA release the pending registartion plate ie **55*** for sale some months before you can put them on a car, this is the time when you need to think up the combination of letter that will make you your small fortune and on the day they are released you need to get on the phone at 9 am an try to beat every other bugger to it, you can view prices prior to this online but as i said DVLA are getting more wised up to what is desireable and the prices reflect this more now,

for eg i purchased GE02GYS for £399 when it was released and sold it via an agent to a "Georgina" for a substantial proffit 2 years later. however I would say proceed with caution, if you want to advertise the plates yourself this can be very expensive.

i would suggest that the 3 number and 3 letter plates 123ABC ABC123 are worth investing in at the right price, just take a look at all the car adverts on tv and you generally see this style, they are not age related and desireable for that reason, many can be bought for around £500, and i would expect that to increase steadily in the long term.

if your looking to make money you will need to be lucky, i would suugest you dont invest too much in one registration unless of course its a real corker. and aviod too many alterations to the plate, the police get very difficult about the spacing and font regs and size of letters etc.
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