Buying personalised number plates for investment
Buying number plates as an investment - a good idea?
Have you ever wondered whether number plates are a good investment? We hear stories of big profits on number plates. But what's the reality?
Investing in a registration number has its risks. Before you decide whether number plates are the right type of investment for you, take a look at our list of things you should think about:
| Like any other investment, the value of your registration number could go down, as well as up. | ||
| Number plates often drop in value in the short term, especially if you've bought it from a dealer. See Why buy a number plate privately? | ||
| Your number plate is unlikely to increase in value quickly. Think long term. | ||
| Number plates are not an asset that can be 'cashed in' quickly. Your registration numbers could take many months to sell. | ||
| There are millions of number plates for sale at any time, which means a lot of competition. | ||
| Number plates carry extra costs. DVLA fees apply whenever you transfer or renew your registration number. | ||
| Personalised number plates are a luxury purchase, so the value can be affected by economic conditions. | ||
| There's no guarantee personalised number plates will continue to be popular. | ||
More about investing in number plates....
| Tips for investing in personalised number plates | |
| Choosing a number plate as an investment | |
| Why buy a number plate privately | |
| How much is my number plate worth |
What to do now....
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Disclaimer
This information is provided for guidance only. It is not intended to be definitive, and does not constitute financial advice. The Plate Market Ltd will not be held responsible for any omissions or errors in the above information. |
