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Number plates - A good investment?

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johnte:
A long story, but when my Dad passed away last year he left me some money for my children (or buy them something) now rather than put it in the bank I thought I would try and buy something that might appreciate in value as my children are too young to have the money at the moment (and when they're old enough it will be worth a lot less than it is at the moment) Now, when browsing eBay, as you do.. I came across a number that spells my daughters name exactly (with no doctoring, miss spacing or adjusting)  The question is......

Do we think plates hold there value, or maybe even go up..  :-k

Yoshi:
Even if it doesnt hold its value its the kind of gift and memory that is priceless.

dxmedia:
Plates are only worth what someone is willing to pay (can be said for anything). There's a lot of people selling cars claiming that a single letter a single number and three letters

eg

a 1 bcd

is a personalised plate that's been valued at £700 - it's not, it's just the first number of that batch.

Also claims of 4 letters and 3 numbers being personalised plates, nope again, NI plates.

<actual> personalised plates can be had from the DVLA for £250 upwards, the same plates can be found on retention sites for triple the money.

IMO - and it's just MO, plates are great for de-aging a vehicle, but for making money, go with an ISA or speak to a financial advisor. May be you can make that money work hard enough to get your daughter through uni?

JumboBeef:
I have two 3x3 plates (which for me are a good investment, because they both cost me nowt!) and I love them.

Generally though, I would agree that something borning like an ISA would perform better, but on the other hand a nice plate would be something very nice for your daughter to remember her Granddad by.

muddyjames:
My plate didnt cost me anything as it came off my previous car but it is nice to have a memory of my Dad where ever I go. My previous car was my first car and was previously my dads and I do miss that car! Cuningly it makes my car look younger (people think the L507 is LS 07 and ask if it is an 07 reg which even tricked my local garage when taking it i for an mot (I didnt plan for it to do this)) and the JJB at the end is pure chance too that my dads name was John and my name is James Butler making it John and James Butler!

Moral is, that even if it goes up, down sideways it will be something that your kids will have that will last a very long time and a memory that can go everywhere with them.

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