Royal Themed Number Plate 500,000 Reg
LOVE IS in the air for Prince Harry and Meghan Markle but could some of it rub off on wealthy drivers who might fancy pairing up with a royal-themed private number plate?
Fitted to a bespoke British 4×4 built to celebrate the royal wedding, ‘4 HRH’ is being advertised for £269,999 but its owner hopes that the growing hysteria around Harry and Meghan could see it sell for a record-breaking sum of more than £500,000.
Custom car kings, Kahn Design, have created a special edition Chelsea Truck Company Flying Huntsman version of the Land Rover Defender.
The four-seat, four-wheel drive Flying Huntsman features a regal-red, leather-lined interior and is available to buy separately from the number plate, for £79,999.
Company founder, Afzal Kahn, 44, said: “As a proud Englishman, this is our way of wishing Prince Harry and Meghan Markle many happy years together.”
The most paid for a private registration in Britain was more than half a million pounds, after John Collins, a dealer of classic Ferraris, bought ’25 0′ to fit to a rare, £10m Ferrari 250 GT SWB, in 2014.
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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