Reg Plates Auction Rules And Securing Your Plates
A Rhode Island couple is pushing for an exception to state law that would allow them to raise money for charity by selling their prized family heirloom -- number plate No. 11.
Low-numbered number plates could once fetch high prices in the state, but now owners can only transfer them to relatives. Otherwise, a lottery is held to award it to someone else.
The Pawtucket Times reported that David and Carol Anne Hayes, both in their 70s, won't be able to pass their number plate to their children, who live out of state. Instead, they asked a state House committee last week to create an exception for charitable auctions.
David told the panel he was offered $25,000 cash for the plate 40 years ago, and imagines it would be much more valuable now.
THEFT of number plates in Echuca-Moama is rising by 20 per cent annually.
Which is why Echuca West Neighbourhood Watch and Echuca police are on a mission to stop the increase or at least slow it down.
Neighbourhood Watch will be holding its second Safe Plate Day for the year at Bunnings, Echuca on Saturday, May 6 from 9am until 2pm.
Interested people can have special theft proof number plate one-way screws fitted to their vehicles.
Echuca West Neighbourhood Watch co-ordinator Len Wills said fitting the screws was an easy crime prevention measure.
‘‘We can protect vehicle owners from the inconvenience and cost that stolen number plates cause,’’ Mr Wills said.
He said Victoria police, through Neighbourhood Watch, had taken these measures to reduce crime in the community.
On May 6 Neighbourhood Watch will be offering a new service — ‘‘park and shop’’.
‘‘For those who want to have safe plate screws fitted while they visit Bunnings,’’ Mr Wills said.
‘‘There will be signs to direct drivers to the park and shop area.’’
The day is sponsored by Bunnings and safe plate screws are supplied at no cost.
Mr Wills said Neighbourhood Watch would appreciate any donations on the day to go towards community activities.
The UK in particular has a relationship with personalised number plates. According to estimates by the DVLA (Driver and Vehicle Licensing Agency), the UK reported an excess of two billion pounds in tax revenue from tax auctions over the past 25 years. As they are keen to state, an expression of interest in a particular plate by three people or more is enough to push the price of that Reg plate through the roof. It has also been documented that the buyers let their hearts take control of their heads when they bid for these plates.
Personalised number plate auctions are constantly rewriting the record books with regard to the highest price paid for a plate. The record currently stands at £518,000 which is quite impressive. The prices of these Regplates does not seem to be slowing down either.
Of particular interest is the recent auction of the highly-hyped 250 C Reg plate which sold for £21,500. This is a clear indication that the expectations for the prices of personalised number plates will continue to increase.
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