The UK's Most Expensive Number Plate?
25 O, bought at auction in 2014 by Ferrari dealer John Collins for his Ferrari 250, holds the record as the most expensive number sold at a UK public auction. John has stated in interviews that he would have paid £1 million for 25 O if it had been necessary. The Ferrari itself is worth many times that.
Visitors to our website may have seen our video coverage of the auctions of 1 HRH and 1 O, which sold for £113,815 and £210,242 respectively. However, even those fine performers were upstaged by 1 RH, which hogged the limelight at £247,952. Here are a few more examples of people who have recognised the value of their personal plates.
3 S sold for £94,000
While I have no immediate plans to sell it, I am confident 3 S will give me a healthy return on my investment.
1 HRH sold for £113,815
In my mind, there aren't many registrations that can better 1 HRH. While bought as an investment, it will be placed on one of my cars.
Better than money in the bank?
This historic registration was sold on 19th September 2008 at Bonhams in Chichester for an auction record price of £404,000.
1 D Sells for £352,000
With fees and taxes, 1 D's total cost will be £352,411, a sum that puts it at number 3 in the table of the UK's most expensive private number plates ever.
Investing in Business Plates
Celebrity customers that use us, in the paper, everybody seems to mention the vans, everybody mentions the number plates.
S 5 sold for £270,300
The registration S 5 was the fifth registration issued in Edinburgh and was sold on 20th March 2016 at the Goodwood Members Meeting in Chichester for an £270,300."
Recent Number Plate Sales
Sales of number plates in recent years have seen a new milestone with some plates reaching over the £200,000 mark in auction. These plates can make great investments as the demand for personalised number plates increases.
- Great investment opportunity
- Personal and flexible
- Scarcity, exclusivity and quality
Plates may also contain numbers and letters which are related to or even match the exact car make and model. For example the registration 250 L would be perfect for a lucky Ferrari enthusiast who owns a 250 GTO or even a Mercedes-Benz 250 owner. There are endless possibilities.
Price: £518,480 - Date Sold: November 2014
Price: £233,360 - Date Sold: May 2015
Price: £233,360 - Date Sold: May 2015
Price: £98.576 - Date Sold: May 2015
Of course, no number plates company can predict or guarantee the future performance of a car registration's value, but Regtransfers.co.uk can provide experience-based information that may help the buyer to make an informed decision. It can take a lot of time and study to get a good grasp of how number plates are valued. While some people enjoy the exercise, in the same way as some study the stock markets and others follow racing form, for most the guidance of a specialist, professional company is preferable.
Number plates which contain names, surnames or nicknames are valuable. They are unique and very personal which means they can fetch thousands of pounds depending upon the buyer. A recent plate which spelt the name Krishna (KRI5 HNA) sold for £233,360 in auction.
Price: £90,800 - Date Sold: May 2015
Price: £45,440 - Date Sold: February 2015
Sit back and watch your plates soar in value..
As you may have read in our free magazine, the last few weeks and months have seen some very impressive number plate sales. Visitors to our website may have seen our video coverage of the auctions of 1 HRH and 1 O, which sold for £113,815 and £210,242 respectively. However, even those fine performers were upstaged by 1 RH, which hogged the limelight at £247,952.
Business people and entrepreneurs have joined the celebrity ranks thanks to TV programmes such as Dragons’ Den and The Apprentice, and it is striking how many of these successful and astute individuals are private plate owners.
Partly inspired by the growing number of spectacular prices that have hit the headlines in recent years, more and more purchasers seem to be selecting their car registration purchases with a speculative eye. For some buyers future profit is becoming as important, or more important, a consideration than immediate amusement or enjoyment.
What Dictates Price?
The main factors affecting the price of cherished registration numbers are:
Let's use initials as our example. There is a larger potential market, and thus more demand, for registrations containing the initials JS than for those containing UY. There are many John and Jane Smiths competing for each JS number, but very few Ulysses Youngs looking for UY plates
The large sums paid for 'number 1' plates such as F 1, 1 RH, 1 HRH and 1 O reflect the relative scarcity of such registrations. Not only is the number of these plates limited, but owners are often reluctant to part with them
The more closely a registration number resembles a name or word, the more desirable it is and,consequently, the more valuable. For many words and names there are several possible ways to represent them on a car registration. The best approximation will be the most valuable.
Plates such as the one pictured on the classic Jaguar above can fetch considerable amounts in auction. These plates are much sought after and can make an attractive portfolio for keen investors.
Return On Investments
Partly inspired by the growing number of spectacular prices that have hit the headlines in recent years, more and more purchasers seem to be selecting their car registration purchases with a speculative eye.
- Bought for £1,728 in November 2015
- Sold for £5000 in Feb 2016
ROI - 189.35%
- Bought for £600 in February 2016
- Sold for £5696.20 in June 2016
ROI - 849.37%
- Bought for £1,944 in July 2015
- Sold for £5,000 in April 2016
ROI - 157.20%
- Bought for £2,376 in July 2015
- Sold for £6,396 in December 2015
ROI - 169.19%
If you would like to discuss investing in personal registrations, please, in the first instance, contact us at firstname.lastname@example.org.