What is my number plate worth ?

Whether you have purchased a personalised number plate or not you may be surprised to learn that ALL number plates have a value.

Now, some number plates are clearly worth more than others but as a numberplate valuation is based upon the meaning and relevance of a numberplate- it can be an objective and complex topic.

These are the main areas to consider

§ Does it spell a word

§ The meaning of the plate

§ Is it a short / neat combination

§ Does it need modification

§ How much did you pay for it

§ The value of similar plates

Words

First things first- does your plate immediately “read” a word? Do the letters and numbers together make a word- say V3RSE or Y4CHT for example. This is autonumerology- click here to find out how it works.

Meaning

What is the meaning of your plate? If you have obscure letters and numbers together it pays to Google them- a C2 numberplate would appeal to both Citroen and Porsche owners- for example.

Short and Neat

Short and neat combinations- think 11,22,333 or CCC,ABC etc. Short and neat combinations although with no specific meaning- attract buyers as the plates are attractive and neat in themselves.

Modification

Does your plate need modifying to read? Does it use illegal spacing or bolts? If it does then the value will be adversely affected- the DVLA are cracking down heavily on such number plate crime.

What did you pay for it

Clearly if you have bought a number plate for thousands of pounds- you would hope the value would maintain or increase over time. You may be hoping for a big increase if the purchase was a numberplate investment.

Value of similar plates

As with most valuations- market sentiment is key- if similar number plates are fetching a certain value- then this will affect the value of your number plate in the shorter term.

Number plate valuation

If you’re really not sure what your private plate is worth then its worth applying for a numberplate valuation- let a professional do the legwork for you(!)

Get a number plate valuation from Smashing Plates.

See also What’s my number plate worth

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