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.
22 June 2009
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.
10 April 2009
Number Plates for Ben, Lucy, Ray, Emy & Nev
If you are looking to add the personal touch to your car, one of these fantastic number plates could be for you. All of the number plates featured are our own stock registrations and there is a chance any one of them could be on your car in as little as seven days.
6 NEV - £8,000
6 NEV - £8,000
997 EMY - £1,800
RAY 919 - £3,500
L111 UCY - £6,000
BEN 962 - £4,000
All registrations are offered on a first come first served basis, so please act quickly to avoid disappointment. The price shown is fully inclusive of all DVLA costs and transfer fees. Please tell James you have seen the blog to qualify for this offer.
Call James on 01924 823781 to see if we can get your number plate on your car in the next seven days.
01 April 2009
DVLA Auction - March 2009
The second DVLA Auction of 2009 was held last week.
The top hammer prices were:
1 D - £285,000
2 O - £115,000
HU57 LER - £30,000
11 MRN - £20,400
11 SSS - £17,000
84 SH - £15,000
1 KLD - £13,200
G80 RGE - £13,100
90 A - £12,500
1 PFF - £12,200
PHF 1 - £12,200
82 S - £12,000
151 S - £12,000
LUC 1Y - £11,500
1 TCP - £11,200
1 WRH - £11,100
The record hammer price at a DVLA Auction was smashed as 1 D sold for £285,000. 51 NGH now sits quite a way back in second place at £201,000.
HU57 LER which sold in June 2008 was re-offered due to the original winning bidder not completing the purchase. This time it sold for an amazing £30,000 a real sign of how number plates are increasingly being seen as a fantastic investment.
It was great to see LUC 1Y making £11,500. At Simply Registrations we have L111 UCY for sale at a very reasonable £6,000.
One hundred and ninety five registrations remained unsold after failing to receive an opening bid. That is a big improvement on the two hundred and seventy two registrations that failed to receive a bid at the last DVLA auction in January. Once again three hundred and eighty three registrations were snapped up at the opening bid or reserve price.
The number of unsold registrations at each auction is a good indicator of the strength of the industry. This number has drastically reduced over the past two auctions indicating that we are definitely in an upward trend. With the stock market also showing early signs of recovery a few people are being brave enough to suggest that the worst may be over. Time will tell.
The top hammer prices were:
1 D - £285,000
2 O - £115,000
HU57 LER - £30,000
11 MRN - £20,400
11 SSS - £17,000
84 SH - £15,000
1 KLD - £13,200
G80 RGE - £13,100
90 A - £12,500
1 PFF - £12,200
PHF 1 - £12,200
82 S - £12,000
151 S - £12,000
LUC 1Y - £11,500
1 TCP - £11,200
1 WRH - £11,100
The record hammer price at a DVLA Auction was smashed as 1 D sold for £285,000. 51 NGH now sits quite a way back in second place at £201,000.
HU57 LER which sold in June 2008 was re-offered due to the original winning bidder not completing the purchase. This time it sold for an amazing £30,000 a real sign of how number plates are increasingly being seen as a fantastic investment.
It was great to see LUC 1Y making £11,500. At Simply Registrations we have L111 UCY for sale at a very reasonable £6,000.
One hundred and ninety five registrations remained unsold after failing to receive an opening bid. That is a big improvement on the two hundred and seventy two registrations that failed to receive a bid at the last DVLA auction in January. Once again three hundred and eighty three registrations were snapped up at the opening bid or reserve price.
The number of unsold registrations at each auction is a good indicator of the strength of the industry. This number has drastically reduced over the past two auctions indicating that we are definitely in an upward trend. With the stock market also showing early signs of recovery a few people are being brave enough to suggest that the worst may be over. Time will tell.
25 March 2009
1 D Sets New Number Plate Record
A new record was set at The DVLA Number Plate Auction today. The attractive registration 1 D sold for a staggering (hammer) price of £285,000. This beats the record of £201,000 set by 51 NGH which sold in April 2006.
All the top prices acheived at this auction will be added shortly.
If you are looking for a personalised number plate, click over to www.simplyreg.com
05 March 2009
Interest Rates Cut Again
The Bank of England has reduced the interest rate today to just 0.5%. Okay, what has this got to do with numbers plates you may ask?
If you have money in a savings account with a bank or building society, the amount of interest you receive is generally determined by the base rate. The base rate is set by the Bank of England. Interest rates are used to either encourage you to spend money , or save money. The idea being that if you are getting a poor return on your savings, you are more likely to think about buying that new car, new house, or whatever else it is that takes your fancy.
If you have a meaningful amount of money on deposit and rely on the return from your investment, the cut in interest rates may cause you to look at alternatives. The three main options are property, equities (stocks and shares) or some form of savings scheme. However, it now seems people are willing to look at other options outside the traditional three with fine art, collectible watches and gold receiving higher levels of attention since interest rates began to tumble.
So I will now present the investment case for personalised number plates. You may see an attractive number plate on a nice car and think the owner has more money than sense. In some cases you would be absolutely right, but not in every case. I could pick any one of thousands of registrations as an example, but it is the 5th day of March so lets use the registration 5 M.
The registration 5 M was sold in May 1995 at auction for a hammer price of £13,700. The price would have been subject to v.a.t. and various other costs, so in the interest of fairness let's round it up to £20,000. If 5 M was offered for sale today and the buyer was looking for a fast completion, £60,000 would probably get the job done. If the seller was in no particular rush to sell, he or she could easily slap a price tag of £100,000 on it. Just to show I have not been over optimistic with my estimates, I note that M 2 is currently being offered for sale at £150,000+.
I am not going to do the sums for you, but if you had put £20,000 into property, equities or a savings account in 1996 I am sure you would be happy to walk away in the next month with £60,000 in your pocket. Do consider that you would also have had the pleasure of displaying a fine number plate on your car for the past fourteen years.
The choice is yours of course and whatever you decide will be right for you. I can only make you aware of what others, including myself are choosing to invest in right now.
If you are interested in having a look at our current stock then click over to http://www.simplyreg.com/cherished-number-plate/stock
To discuss this article further call James on 01924 823781 or email james@simplyreg.com
If you have money in a savings account with a bank or building society, the amount of interest you receive is generally determined by the base rate. The base rate is set by the Bank of England. Interest rates are used to either encourage you to spend money , or save money. The idea being that if you are getting a poor return on your savings, you are more likely to think about buying that new car, new house, or whatever else it is that takes your fancy.
If you have a meaningful amount of money on deposit and rely on the return from your investment, the cut in interest rates may cause you to look at alternatives. The three main options are property, equities (stocks and shares) or some form of savings scheme. However, it now seems people are willing to look at other options outside the traditional three with fine art, collectible watches and gold receiving higher levels of attention since interest rates began to tumble.
So I will now present the investment case for personalised number plates. You may see an attractive number plate on a nice car and think the owner has more money than sense. In some cases you would be absolutely right, but not in every case. I could pick any one of thousands of registrations as an example, but it is the 5th day of March so lets use the registration 5 M.
The registration 5 M was sold in May 1995 at auction for a hammer price of £13,700. The price would have been subject to v.a.t. and various other costs, so in the interest of fairness let's round it up to £20,000. If 5 M was offered for sale today and the buyer was looking for a fast completion, £60,000 would probably get the job done. If the seller was in no particular rush to sell, he or she could easily slap a price tag of £100,000 on it. Just to show I have not been over optimistic with my estimates, I note that M 2 is currently being offered for sale at £150,000+.
I am not going to do the sums for you, but if you had put £20,000 into property, equities or a savings account in 1996 I am sure you would be happy to walk away in the next month with £60,000 in your pocket. Do consider that you would also have had the pleasure of displaying a fine number plate on your car for the past fourteen years.
The choice is yours of course and whatever you decide will be right for you. I can only make you aware of what others, including myself are choosing to invest in right now.
If you are interested in having a look at our current stock then click over to http://www.simplyreg.com/cherished-number-plate/stock
To discuss this article further call James on 01924 823781 or email james@simplyreg.com
11 February 2009
DVLA Auction - January 2009
DVLA held the first of six scheduled auctions for 2009 in Northamptonshire last month.
The top hammer prices were:
1 O - £170,000
1 HRH - £92,000
3 S - £76,000
18 OY - £15,000
11 MCR - £14,000
85 J - £13,200
1 RGF - £12,600
11 FTY - £12,500
64 SH - £11,300
1 TWG - £11,000
888 M - £10,800
321 G - £10,200
MAL 1X - £10,100
The record hammer price of £201,000 the highest ever at a DVLA auction, still belongs to 51 NGH which sold in April 2006. It was suggested that either 1 O or 1 HRH could challenge the record, but the £170,000 achieved for 1 O only ranks fourth in the top prices ever paid at DVLA auction.
Two hundred and seventy two registrations remained unsold after failing to receive an opening bid. That is quite a lot less than the three hundred and eleven that failed to receive a bid at the final DVLA auction of 2008 in Barnsley. Three hundred and eighty three registrations were snapped up at the opening bid or reserve price.
Whilst some commentators were telling us last year that the bottom could fall out of the market, money continues to flow into personalised number plates. When you consider the alternatives it isn't too surprising. Cash on deposit is giving a very low return and The Bank of England cut interest rates again last week. Property prices are not expected to recover any time soon and the stock market is incredibly volatile with huge swings up and down on a daily basis.
Okay, a personalised number plate may be seen as a bit of a flash purchase to the uneducated, but consider it this way. You buy something which gives you pleasure every day when you look at it. Your only ongoing cost or maintenance fee is £80 to transfer your number plate from your old car to your new car. Even better, providing you bought well you should see the value of your investment increase as the years go by! Compare that to your car which needs fuel, servicing, insurance, road tax etc.
In our biased opinion, there has never been a better time to invest in a personalised number plate.
The top hammer prices were:
1 O - £170,000
1 HRH - £92,000
3 S - £76,000
18 OY - £15,000
11 MCR - £14,000
85 J - £13,200
1 RGF - £12,600
11 FTY - £12,500
64 SH - £11,300
1 TWG - £11,000
888 M - £10,800
321 G - £10,200
MAL 1X - £10,100
The record hammer price of £201,000 the highest ever at a DVLA auction, still belongs to 51 NGH which sold in April 2006. It was suggested that either 1 O or 1 HRH could challenge the record, but the £170,000 achieved for 1 O only ranks fourth in the top prices ever paid at DVLA auction.
Two hundred and seventy two registrations remained unsold after failing to receive an opening bid. That is quite a lot less than the three hundred and eleven that failed to receive a bid at the final DVLA auction of 2008 in Barnsley. Three hundred and eighty three registrations were snapped up at the opening bid or reserve price.
Whilst some commentators were telling us last year that the bottom could fall out of the market, money continues to flow into personalised number plates. When you consider the alternatives it isn't too surprising. Cash on deposit is giving a very low return and The Bank of England cut interest rates again last week. Property prices are not expected to recover any time soon and the stock market is incredibly volatile with huge swings up and down on a daily basis.
Okay, a personalised number plate may be seen as a bit of a flash purchase to the uneducated, but consider it this way. You buy something which gives you pleasure every day when you look at it. Your only ongoing cost or maintenance fee is £80 to transfer your number plate from your old car to your new car. Even better, providing you bought well you should see the value of your investment increase as the years go by! Compare that to your car which needs fuel, servicing, insurance, road tax etc.
In our biased opinion, there has never been a better time to invest in a personalised number plate.
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