Motoring

Number Plates

Are personal number plates an investment? Im trying to justify buying one! Thanks in advance.

fideldyfee Mon 15/09/08 14:11

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chas2008
Mon 15/09/08
15:36

unless its really special it will never be an investment, not sure what its costs now but it was over £100 to put on retention or transfer vehicle to vehicle.
I have one for my wife, paid over £500 from DVLC over 12 years ago, the costs over this time has probably doubled the price but i doubt if i would get £250 if i tried to sell now. But its unique and looks good on the car and also makes it difficult to age the vehicle...

NORMANTHEDOG
Mon 15/09/08
15:47

i have owned several over the yrs,and have never lost money when re sold,but have not made a fortune on them,only a hundred pounds or so.

fideldyfee
Mon 15/09/08
16:13

Question Author

Thanks guys. So im not going to lose money then? Do you know how much it is to change it to a different vehicle?

chas2008
Mon 15/09/08
16:22

oops, got it wrong , its £80 to tranfer or £105 to put on retention,but once on retention its free to transfer to another vehicle..The last time i transfered it was fairly quick remembering that you also need the tax disc changing to the new number, only 4-5 days.

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