Archive for number plate valuation

Is my number plate worth anything

Is my number plate worth anything ? - comparative pricing

The quickest and simplest way to establish if your number plate has any value at all is to visit some number plate dealers or number plate classifieds websites.

What to do

Search for your number plate – or at least part of it – and then look at the results.

If you are able to find number plates which are near to the combination you own then you can gauge the value of your plate comparatively.

For example

You own the prefix number plate A2 ABC

Having searched the numberplate dealers you have found the following number plates for sale

A1 ABC £4,500

A22 ABC £800

Quite simply for an example like this you know that A1 ABC will be worth more than A2 ABC (the number one adds value) and likewise A22 ABC will be worth less as it has more digits.

So in this example we could approximately value the plate at £3000.

Where to search

Number plate dealers

Quick and easy- check the dealer’s websites for similar number plates. Remember that the same plate may be advertised for different prices at different dealers….

Number plate classifieds

Private sellers now utilise specialist number plate websites to sell their plates- so it’s a worthy place to continue the search.

DVLA Registrations

The DVLA may have a multitude of unsold combinations for sale from as little as £250. If this is the case then the potential of your plate could be affected.

DVLA Auctions

Some number plates never make it to the dealers or the classifieds and are sold via DVLA auction and never seen again. The DVLA log all sale prices for all lots and make this information available on their website to search – handy!

How to compare – brief guidelines

The brief rules for comparatively pricing your plate are:

Less is more

Less digits generally mean a higher number plate value

Number one’s

A premium is attached to “number 1” number plates

Short and Neat

Short and neat plates (222,333 etc are worth more than less neat plats (323, 342 etc)

Meaning

Regardless of all other factors- your plate is unique. Research the combination and what it could read using Autonumerology – numberplates which spell words or names are worth considerably more.

See also

what is my numberplate worth

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numberplate valuation

Smashing Plates provide numberplate valuations

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How much is my number plate worth?

Are you curious as to how much your number plate could be worth?

With an increasing demand for quality number plate combinations- you could find that your plate is of particular value to certain potential buyers.

It all depends upon what’s on your plate – great deals of very valuable number plates are in the hands of those who perhaps do not realise their true value.

So what’s my number plate worth? – Something is only ever worth what someone else will pay for it- goes the old adage- and never is this truer than with number pates.

There are some key factors which will affect a number plate’s value – we explore them in another WordPress number plate valuations article.

From what the plate says, to what it means, to how much similar plates sell for – there’s a multitude of variables to consider

If all that sounds complicated you can pay Smashing Plates just £5 for a number plate valuation and have them do the investigative work for you.

See What is my number plate worth for an explanation of the factors affecting the value of your number plate.

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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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