The DVLA held its penultimate auction of 2009 at Dormy House in Worcestershire a couple of weeks ago.
Top Hammer Prices:
5 O - £71,000
2 X - £44,000
1 LJE - £25,400
RON 4K - £21,000
161 LL - £20,000
1 TJL - £16,900
1 PWF - £15,000
1 KKD - £13,500
1 RRN - £13,100
1 WSH - £12,100
1 KLK - £12,000
1 GNC - £12,000
1 CVG - £11,700
91 H - £11,200
68 M - £11,000
2 SLO - £10,500
There is a clear pattern emerging with demand for 'number ones' pushing prices higher and higher.
Only one hundred and forty one registrations remained unsold. Compare that to the three hundred and eleven registrations that failed to receive an opening bid at Tankersley Manor around this time last year.
Again, there were bargains to be had with three hundred and forty nine registrations selling at the opening bid or reserve price. The dealers were happy to pick up any unwanted registrations for their own stock and took full advantage of any opportunities that were presented to them.
With interest rates at historic lows and no sign of any upturn in the coming months, the investment appeal of personalised number plates remains as strong as ever. What else can you own, get pleasure from seeing on your car everyday and then sell on for a tidy profit in the future?
Have a look at http://www.simplyreg.com/cherished-number-plate/stock to see if there is a personalised number plate waiting for you.
21 October 2009
17 September 2009
DVLA Personalised Registrations Web Referral Scheme
The DVLA caught a few people off guard recently when it announced plans to offer cherished number plate dealers a complimentary referral link from the DVLA Personalised Registrations website. This radical proposal put forward by the DVLA is part of the Agency’s bigger plans to establish fairer trading practices throughout the industry and to provide additional protection for consumers.
One major concern for the DVLA is the number of companies that misuse the DVLA trade mark. Visitors to certain commercial websites are often duped into believing they are dealing direct with the DVLA, or the company is in some way affiliated with the government agency.
To qualify for the website referral link from the DVLA, cherished number plate dealers must first agree to a detailed set of terms and conditions. One such condition involves a disclaimer being placed on the company’s home page stating clearly that DVLA is a registered trademark and the company is in no way affiliated to the DVLA. Failure to comply with this, or any of the terms and conditions means the dealer missing out on the valuable referral link, or having an existing link removed.
By first incentivising the dealers, the DVLA is effectively gaining greater control over the personalised registrations industry and the way that business is conducted. Over time this greater control should create a much safer and fairer trading environment for all concerned.
To see a full list of participating number plate dealers who have signed up and been approved for the web referral scheme, please click on the following link:
http://dvlaregistrations.direct.gov.uk/home/en/dealers/
James
One major concern for the DVLA is the number of companies that misuse the DVLA trade mark. Visitors to certain commercial websites are often duped into believing they are dealing direct with the DVLA, or the company is in some way affiliated with the government agency.
To qualify for the website referral link from the DVLA, cherished number plate dealers must first agree to a detailed set of terms and conditions. One such condition involves a disclaimer being placed on the company’s home page stating clearly that DVLA is a registered trademark and the company is in no way affiliated to the DVLA. Failure to comply with this, or any of the terms and conditions means the dealer missing out on the valuable referral link, or having an existing link removed.
By first incentivising the dealers, the DVLA is effectively gaining greater control over the personalised registrations industry and the way that business is conducted. Over time this greater control should create a much safer and fairer trading environment for all concerned.
To see a full list of participating number plate dealers who have signed up and been approved for the web referral scheme, please click on the following link:
http://dvlaregistrations.direct.gov.uk/home/en/dealers/
James
31 August 2009
New DVLA Local Office for Leeds
The DVLA Local Office in Leeds will be relocating to new premises in November 2009. Construction work is in progress at the new building located at Temple Point in the Colton district on the east side of Leeds. The move will bring the Leeds Local Office into line with the majority of the other DVLA Local Offices; being situated outside of the city centre.
Anyone who has ever had to visit the DVLA Local Office, currently situated on the first floor of 42 Eastgate, Leeds, will be aware of the problems associated with the current location. Being sited slap bang in the middle of the city centre is not necessarily advantageous.
The large number of vehicles travelling in and out of Leeds city centre on a daily basis creates the first problem. When you have managed to fight your way through the high volume of traffic, you then have the challenge of parking your car. Public transport is often the better option when heading into the city centre. However, if you are taking a vehicle along to the DVLA Local Office to be inspected prior to a number plate transfer being authorised, driving can not be avoided.
Finding a parking space in the centre of Leeds during working hours is not an easy task. You then have to buy a ticket from the pay & display machine having remembered to bring plenty of coins with you. Trying to predict how long it will take to be served at the DVLA counter is not as straightforward as it sounds. You must take a guess and buy a ticket for the length of time you feel is required for your visit.
Parking is not cheap either, one hour costs £2.50 and depending on the time of the month, one hour may not be long enough. On a couple of occasions I waited one hour and forty minutes to be served. Running back to the pay & display machine to buy extra time, narrowly avoiding missing your turn when your queuing number is called is best avoided.
Thankfully there are plenty of free parking spaces at the new Temple Point Business Park. You could also tie in your trip to the DVLA with the weekly grocery shop. There is a big supermarket with a huge car park just a short walk away.
More good news is that you can kiss those city centre traffic jams goodbye. The new DVLA Leeds Office is two minutes away from junction 46 of the M1, just off the A63 Selby Road on the east side of Leeds. This makes it so much easier for anyone travelling by car, whilst also being convenient for those who prefer public transport. The area is well served by local busses with a regular service running along Selby Road.
There are bound to be opponents to the relocation of the Leeds DVLA Local Office. As someone somewhere once said, you can’t please all of the people all of the time. However, at Simply Registrations we think the move can’t come soon enough and we look forward to making our regular trips when the new DVLA Local Office opens for business at Temple Point in November.
Anyone who has ever had to visit the DVLA Local Office, currently situated on the first floor of 42 Eastgate, Leeds, will be aware of the problems associated with the current location. Being sited slap bang in the middle of the city centre is not necessarily advantageous.
The large number of vehicles travelling in and out of Leeds city centre on a daily basis creates the first problem. When you have managed to fight your way through the high volume of traffic, you then have the challenge of parking your car. Public transport is often the better option when heading into the city centre. However, if you are taking a vehicle along to the DVLA Local Office to be inspected prior to a number plate transfer being authorised, driving can not be avoided.
Finding a parking space in the centre of Leeds during working hours is not an easy task. You then have to buy a ticket from the pay & display machine having remembered to bring plenty of coins with you. Trying to predict how long it will take to be served at the DVLA counter is not as straightforward as it sounds. You must take a guess and buy a ticket for the length of time you feel is required for your visit.
Parking is not cheap either, one hour costs £2.50 and depending on the time of the month, one hour may not be long enough. On a couple of occasions I waited one hour and forty minutes to be served. Running back to the pay & display machine to buy extra time, narrowly avoiding missing your turn when your queuing number is called is best avoided.
Thankfully there are plenty of free parking spaces at the new Temple Point Business Park. You could also tie in your trip to the DVLA with the weekly grocery shop. There is a big supermarket with a huge car park just a short walk away.
More good news is that you can kiss those city centre traffic jams goodbye. The new DVLA Leeds Office is two minutes away from junction 46 of the M1, just off the A63 Selby Road on the east side of Leeds. This makes it so much easier for anyone travelling by car, whilst also being convenient for those who prefer public transport. The area is well served by local busses with a regular service running along Selby Road.
There are bound to be opponents to the relocation of the Leeds DVLA Local Office. As someone somewhere once said, you can’t please all of the people all of the time. However, at Simply Registrations we think the move can’t come soon enough and we look forward to making our regular trips when the new DVLA Local Office opens for business at Temple Point in November.
17 August 2009
Why Does the Same Number Plate Show Up in Different Adverts?
One of the most popular questions we get asked is "How come I sometimes see the same registration number being offered for sale by two or three different companies?"
We have covered this subject before on the Simply Registrations blog, but as it is such a common question we are happy to assist once again.
There are two possible explanations as to why the same number plate shows up in more than one advertisement or website. Let us use Gary Taylor as an example. Gary owns the number plate 72 GT and plans to emigrate to Australia in a few months time. He contacts several number plate dealers and asks them to offer 72 GT for sale on his behalf.
The dealers will offer 72 GT for sale on their websites and some may include it in their newspaper or magazine advertisements. This is one reason why you may see 72 GT being offered for sale by more than one dealer and quite often at varying prices.
It is a bit like offering your house for sale, but rather than just opting for just one estate agent, you ask several estate agents to find you a buyer. Each agent will have an opinion on what your house is worth and will advertise it according to their individual valuations.
The second scenario is that 72 GT has been bought in for stock by a number plate dealer. It is common practice for number plate dealers to circulate details of their stock registration numbers amongst the trade. This is the second reason why you may see 72 GT for sale on more than one dealer’s website.
Incidentally 72 GT is being offered for sale by Simply Registrations at a price of £7,200 plus v.a.t. – Call James on 01924 823781 for more information.
12 August 2009
DVLA Auction - August 2009
DVLA held its Summer auction last week.
Top Hammer Prices:
1 PNE - £70,000
6 W - £55,000
4 O - £51,000
ST08 ART - £35,000
1 NWS - £17,000
1 RRG - £16,200
PAL 4S - £16,600
11 TCS - £15,100
L1 CKS - £15,000
1 MFR - £14,600
1 RNB - £14,500
1 HRP - £14,000
TSL 1 - £13,100
1 WRJ - £13,000
TUR 80D - £13,000
1 ESB - £12,300
Once again 'number ones' are very well represented in the list of highest sale prices achieved. I ask myself are we underselling 1 JWU which is available at £6,400 plus v.a.t. direct from our own stock?
The £70,000 hammer price paid for 1 PNE shows what can happen when two people are determined to own a particular registration. The next highest price paid for a 'number one' was £17,000 for 1 NWS. I wonder if the new owner of 1 PNE had a limit in mind before the auction began?
Two hundred and three registrations remained unsold after failing to receive an opening bid. That is a big improvement on the large number of unsold lots at the previous auction. Three hundred and ninety one registrations were purchased at the opening bid or reserve price, showing once again there were selected bargains to be had.
There was a very obvious difference at the auction last week. Dealers who have been reluctant to buy stock registrations during the past twelve months were back in attendance and they weren't just there for the scenery. Number plate prices are definitely on the up and I am sure a few dealers will be revising their prices upwards in the next few weeks.
Top Hammer Prices:
1 PNE - £70,000
6 W - £55,000
4 O - £51,000
ST08 ART - £35,000
1 NWS - £17,000
1 RRG - £16,200
PAL 4S - £16,600
11 TCS - £15,100
L1 CKS - £15,000
1 MFR - £14,600
1 RNB - £14,500
1 HRP - £14,000
TSL 1 - £13,100
1 WRJ - £13,000
TUR 80D - £13,000
1 ESB - £12,300
Once again 'number ones' are very well represented in the list of highest sale prices achieved. I ask myself are we underselling 1 JWU which is available at £6,400 plus v.a.t. direct from our own stock?
The £70,000 hammer price paid for 1 PNE shows what can happen when two people are determined to own a particular registration. The next highest price paid for a 'number one' was £17,000 for 1 NWS. I wonder if the new owner of 1 PNE had a limit in mind before the auction began?
Two hundred and three registrations remained unsold after failing to receive an opening bid. That is a big improvement on the large number of unsold lots at the previous auction. Three hundred and ninety one registrations were purchased at the opening bid or reserve price, showing once again there were selected bargains to be had.
There was a very obvious difference at the auction last week. Dealers who have been reluctant to buy stock registrations during the past twelve months were back in attendance and they weren't just there for the scenery. Number plate prices are definitely on the up and I am sure a few dealers will be revising their prices upwards in the next few weeks.
22 June 2009
DVLA Auction - June 2009
DVLA held its third auction of 2009 earlier this month.
The top hammer prices were:
7 T - £65,600
3 O - £51,000
MRV 1P - £20,500
80 TR - £19,000
1 RSF - £13,600
1 RHP - £13,000
1 KRG - £12,600
1 TDF - £12,000
1 FEF - £11,800
46 S - £11,500
1 GGL - £11,500
1 EHP - £11,500
1 HRJ - £11,200
WSJ 1 - £11,000
85 L - £11,000
52 P - £11,000
Looking at the top prices paid it is clear to see that number ones are still very much sought after. At Simply Registrations we have 1 JWU for sale at a very reasonable £6400 plus v.a.t.
The buyer of 3 O looks to have got a bargain at £51,000. 2 O sold in March for £115,000 which just goes to show that there are always opportunities for shrewd buyers.
Two hundred and seventy eight registrations remained unsold after failing to receive an opening bid. Looking at some of the ambitious starting prices for certain registrations it is hardly surprising that there were so many unsold lots. Three hundred and eighty nine registrations were purchased at the opening bid or reserve price.
The majority of dealers in attendance were fairly upbeat with some stating the worst is definitely over. One or two also regretted not being prepared to buy more stock when some registrations were being sold at bargain prices at the end of 2008 when some thought the world was going to end. "We are not yet back at full speed, but we are certainly moving up through the gears" one dealer commented.
The top hammer prices were:
7 T - £65,600
3 O - £51,000
MRV 1P - £20,500
80 TR - £19,000
1 RSF - £13,600
1 RHP - £13,000
1 KRG - £12,600
1 TDF - £12,000
1 FEF - £11,800
46 S - £11,500
1 GGL - £11,500
1 EHP - £11,500
1 HRJ - £11,200
WSJ 1 - £11,000
85 L - £11,000
52 P - £11,000
Looking at the top prices paid it is clear to see that number ones are still very much sought after. At Simply Registrations we have 1 JWU for sale at a very reasonable £6400 plus v.a.t.
The buyer of 3 O looks to have got a bargain at £51,000. 2 O sold in March for £115,000 which just goes to show that there are always opportunities for shrewd buyers.
Two hundred and seventy eight registrations remained unsold after failing to receive an opening bid. Looking at some of the ambitious starting prices for certain registrations it is hardly surprising that there were so many unsold lots. Three hundred and eighty nine registrations were purchased at the opening bid or reserve price.
The majority of dealers in attendance were fairly upbeat with some stating the worst is definitely over. One or two also regretted not being prepared to buy more stock when some registrations were being sold at bargain prices at the end of 2008 when some thought the world was going to end. "We are not yet back at full speed, but we are certainly moving up through the gears" one dealer commented.
24 May 2009
Number Plates For Sale
We are pleased to offer you a selection of our very best number plates for sale. Welcome to the executive collection.
92 BM - £4,600
81 CW - £6,800
72 GT - £7,200
59 JD - £7,000
78 LT - £5,800
7 ARD - £5,600
9 CAG - £6,200
9 HAN - £7,800
9 JGR - £6,200
6 MAK - £7,800
7 MLC - £5,400
9 MPS - £7,200
9 MSC - £7,800
5 NAM - £6,200
6 SAA - £6,200
8 SMJ - £5,600
All registrations are plus v.a.t. and are offered subject to availability. Don't hang about if you are interested in any of the featured registrations. There is nothing worse than telling someone the registration they intended to buy sold only a few hours earlier.
Call James on 01924 823781 if you have any questions.
92 BM - £4,600
81 CW - £6,800
72 GT - £7,200
59 JD - £7,000
78 LT - £5,800
7 ARD - £5,600
9 CAG - £6,200
9 HAN - £7,800
9 JGR - £6,200
6 MAK - £7,800
7 MLC - £5,400
9 MPS - £7,200
9 MSC - £7,800
5 NAM - £6,200
6 SAA - £6,200
8 SMJ - £5,600
All registrations are plus v.a.t. and are offered subject to availability. Don't hang about if you are interested in any of the featured registrations. There is nothing worse than telling someone the registration they intended to buy sold only a few hours earlier.
Call James on 01924 823781 if you have any questions.
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