When thinking about where to invest, people tend to think first of property or the stock market, but as one item in a diversified strategy buying a number plate can be an excellent investment.

Demand for cherished registrations is increasing as their availability diminishes, and the DVLA continues to promote public interest with their regular auctions. To date, the highest price realised for a registration at auction has been £231,000, for which the plate K1 NGS was sold in December 1993!

Other plates that achieved high auction sales were P1 LOT, which reached £82,500 in September 1996, and 1 RR, knocked down for £106,000 in December 1994. The value of both these plates has increased significantly since these sales.

A registration purchased as an investment can either be allocated to a vehicle, or held on a Certificate of Entitlement. Allocating the registration to a vehicle means that you’re able to enjoy the plate itself, as well as benefiting from its increasing value.

Should you wish to purchase registrations as a means of investment, please telephone us, on 0845 346 4339.

As well as working with you to select plates in private hands, we can act on your behalf at DVLA auctions to obtain selected registrations identified by the DVLA as likely to command high values.