Personalised Number Plates Information

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Personalised number plates do not appeal to everyone. So why do some individuals pay vast amounts of money for the right to attach what are essentially a couple of bits of plastic to their treasured vehicles? For some it is the desire to be instantly recognisable wherever they go. Others want to have a bit of harmless fun and cause fellow motorists to turn and stare. A humorous or cheeky word resemblance on a number plate can bring a smile to the sternest of faces on an otherwise uneventful or mundane journey. Whatever the reason, you cannot ignore the fact that private number plate ownership is becoming increasingly popular. There are now over a million motorists with cherished registration numbers in the United Kingdom.

Regular viewers of the BBC's highly addictive television programme, The Apprentice, cannot have failed to have noticed the exclusive number plate proudly displayed on the front of Sir Alan Sugar's gleaming Rolls Royce. So was it a good decision by the typically shrewd businessman to shell out his hard earned cash on a unique registration plate? Let us examine the facts.

In this example we are introduced to Ben who decided to purchase a nice new sporty coupe four years ago. He wanted to add the finishing touch to his new car so he purchased the registration number BEN 962 from a private number plate dealer. Ben has enjoyed the last four years driving around in his prized possession and has often received complimentary remarks about his attractive registration. However, Ben now wants to treat himself to the latest model on offer from his local dealership and asks for the trade in value of his current car. He reluctantly accepts that his car is now worth less than half what he paid for it four years ago.

What about his eye catching number plate? Has it also halved in value? Ben is pleased to learn that he could still get back what he originally paid for it and possibly ask for more on the open market. He decides not to sell and instructs the friendly car salesman at the dealership to handle the transfer of his personalised plate onto his new car. He will soon be driving a different colour car around town, but his friends will still know to wave when they see the number plate BEN 962 pass them by.