Investing in Number Plates
Industry: Business
With the property markets hard to get into, and people worried about how safe their money will be in banks, lots of people are looking for alternative investment opportunities. There aren’t many alternatives that increase in value over time, and those that do are often obscenely expensive to purchase. Luckily, Speedy Registrations have an alternative: Number Plates.
UK (PRUnderground) January 29th, 2010
With the property markets hard to get into, and people worried about how safe their money will be in banks, lots of people are looking for alternative investment opportunities. There aren’t many alternatives that increase in value over time, and those that do are often obscenely expensive to purchase.
Luckily, Speedy Registrations have an alternative: Number Plates.
Easy to hold on to year after year, personalised number plates offer something that you can actually make use of whilst it gains value. If you buy a cherished number plate and attach it to your car, you don’t have to pay anything. If you decide to have the car registrations number attached to your vehicle the only cost you will incur are the physical plates which can cost as little as £20 inclusive.
Once you’ve decided your personalised number plate has spent long enough on your car, or have decided that an offer you have received for it is enough, then you can sell it off, either through private sale or through auction, and then decide what to do with your new found wealth.
Speedy Registrations have plenty of number plates on offer at the moment, and all are of the high quality that would be expected to increase in value over time. The plate “CAT 55S” can be bought for only £6900! “DAV 135B” is available for just £3500, and “EVA 77T” is up for grabs at £990!
In the latest DVLA auction held on the 29th of January, the plate “1 000” went for £80000 including auction fees. These prices are not uncommon at DVLA auctions and show the potential sale value that can be achieved.
The signs of an economic recovery are increasing. Figures released by the office of National Statistics show a positive 0.1% growth. The price achieved for “1 000” can be a reflection of the increase in confidence within the market, as Britain finally goes out of recession.
Speedy Registrations are a supplier of personalised number plates in a variety of ranges. Current style, prefix style, suffix style and Irish number plates are all available for purchase from them. For more information, visit www.speedyreg.co.uk, or call 0845 346 4343.
