Number Plates Equal Classic Cars As Investments
The message is clear the world over, number plates can make great investments. Oven our friends down under have a soft spot for quality rare old number plates with a recent auction house publishing facts showing that their number plate sales rivaled their classic car auctions providing substantial revenue and return.
The Sydney auction is expected to see around $1.5 million made from a series of classic Australian number plates.
Bidding for the plates is expected to started at around $25,000 for the higher numbers, and closer to $100,000 for the more desireable low-number plates. Last year, the Shannons Sydney Classic Auction in February saw 19 classic plates take more than $1 million in total sales.
Auctions can be a great place to pick up a rare and unique number plate with some in the UK offered by the DVLA for the very first time as they were not issued to a vehicle when they were in circulation mostly due to the low number of vehicles on our roads in those days.