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Recently a number plate fan has invested a lump sum of his pension pot on purchasing the number plate 5 UV for £51,000 from the recent DVLA auction.
The sale price represents 25 per cent of his pension pot – and he has not yet plucked up the courage to tell his wife.
He said: “I could not believe it when the other bidder dropped out at £50,000. Every manufacturer – even Bentley, Porsche and Jaguar – has an SUV to sell and here was the perfect plate. I think it’s worth at least twice that if not more. It sounds a lot but looking at it logically it’s right trusting my many years of analysis, I’m worried about telling my wife but I think I can talk her round. I bought to sell it effectively, I would love to have it on a SUV but I haven’t got an SUV. It’s an investment rather than anything else.”
The 5 UV plate will be back on the market soon.
Jon Cherry is a Director of leading personalised number plate dealer Regplates.com. Jon has over 25 years industry experience handling some of the most expensive plates ever sold with many high profile and celebrity clients. Active since 1991 in the number plate industry, Jon is currently Chairman of the Cherished Numbers Guild, a trade body representing number plate dealers in the UK. Jon has written many articles on the industry and insight into the future of numberplates and the market as a whole.
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