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Private Number Plates Investment Popularity Grows Worldwide, Notes Regtransfers.Co.Uk
Dunstable, Beds (PRWEB) May 18, 2007 -- Private number plates investment popularity grows worldwide, notes Regtransfers.Co.Uk
They are called "vanity plates" in the USA. In the UK they go by many names, including "private number plates" or "cherished registrations". Whatever the label, personal registration number plates on cars are a growing fashion, and a growing business. Across the world, prices paid for outstanding examples have been reaching record-breaking heights.
At a recent sale in the United Arab Emirates, the registration number "5" was sold for the equivalent of £3.5 million, which makes it the most expensive car registration ever sold. Several top-notch registrations currently for sale in the UK bear price tags of over half a million pounds.
Just a few years ago, private number plates in the UK were something only the rich and famous would display on their cars, and in most other countries the concept was utterly alien and simply didn't take off. The situation now has changed enormously. In the UK the fashion for displaying private number plates on cars has spread very rapidly, and there is no longer a specific demographic that represents the typical owner. People from all walks of life, from celebrities and top business executives to manual factory workers, experience the urge to add a little extra individuality to their cars, and with prices ranging between £49 and £500,000 there is clearly a wide enough choice to cater to any budget.
The popularity of this form of self-expression has even given rise to enthusiast communities such as www.numberplates.com, the Number Plates Club.
Even relatively inexpensive plates can appreciate significantly in value, and former BBC Top Gear presenter Quentin Willson stated that a good number plate could be "better than money in the bank".
Advice on buying number plates for investment is available from the UK's leading personal registrations supplier, www.regtransfers.co.uk, on 01582 477333.
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