Special High Value Personalised Number Plates
Another week, another special number plate series. This time it’s the G series, of which you have until September 29 to submit your bids for, with results set to be published on October 9.
The G 1 to G 9999 number plate series is one approved by the Road Transport Department (JPJ) for the Lee Chong Wei Foundation, set up by national badminton player Datuk Lee Chong Wei.
Funds raised from the sale of the plates will be for the benefit of “amongst others, sports associations and programmes which are designed to support potential and promising athletes in their endeavour to help Malaysia in its quest for the first gold medal at the Tokyo Olympics 2020,” according to Yakin Emas Sdn Bhd, the exclusive agent.
The vendor has set minimum bidding prices for various categories, depending on how “special” the number is. Minimum bids range from RM2,500 for regular numbers to RM250,000 for ‘G 2’ to ‘G 10’. The top ‘G 1’ plate will sell for a minimum of RM500,000 or whatever figure reached by a bidding war.
There has been a raft of fancy plate offerings lately. We’ve seen ‘A1M‘, ‘U’, ‘US’, ‘SMS‘, ‘RIMAU‘, ‘PERFECT’, ‘NAAM’, ‘VIP’, ‘GT’ and ‘PATRIOT’, on top of unique regular series plates such as ‘AKU‘ and ‘RR‘ and ‘DDD‘.
AB 1 Update
A CALL to examine the controversial sale of an historic number plate to a former West Mercia Police chief constable has been thrown out by county councillors.
Conservative county council chiefs rubbished the move by the Labour group for an examination into the sale of ‘AB1’ – the first vehicle registration number plate issued to the county in 1903.
Police and Crime Commissioner John Campion agreed to sell it to former West Mercia Police Chief Constable Paul West for £160,000 despite initially putting it for up auction.
And Labour leader Coun Peter McDonald said the sale had left ‘nasty question marks hanging over the Police and Crime Commissoner’s office.
“The public, I believe, see this as the selling off of the family jewels and gives off the perception of not being quite right,” he said.
“What cannot be disputed is this was public property therefore the person selling the goods should have ensured the best price was obtained and be seen to do so.
“There is no doubt public confidence in the Police and Crime Commissoner’s office has been damaged by this process.
“Who authorised it, why was it allowed, what other offers were received and what evidence exists to ensure the best price was achieved?
Coun McDonald called for Mr Campion to appear before the Police and Crime Commission Panel for the sale to be scrutinised.
However, Coun Marcus Hart, cabinet member for Education and Skills rubbished the claims and said the Conservative group disassociated itself from Coun McDonald’s views.
“It’s amazing to know how two letters and a number can generate such a debate,” he said.
“This is nothing more than a deliberate attempt by the Labour opposition to smear a former Conservative county councillor and current Conservative Police and Crime Commissoner.
“If Coun McDonald was serious about his concerns he would go through the proper channels and speak to the Police and Crime Commisioner himself. Something I know he hasn’t done because I spoke to the Commisioner himself to get the facts.
Coun Hart said Mr Campion confirmed the number plate had been put up for auction but when Mr West saw the item was on sale he made a direct offer to Mr Campion.
“I am no expert in numberplates but I am confident the Commissoner will be able to demonstrate title and best value for money,” he added.
Coun McDonald’s proposals were supported by the Labour group with the Conservatives and other parties either voting against or abstaining.
Remember that, despite valuations and estimates, a private number plate is only worth as much as someone will pay for it. You may have loved your personalised number plate because it contains your initials, for example, but if there aren’t many other people with your initials, the plate’s value may be minimal. On the other hand, if you have a plate whose letters contain common or popular names, you may well find that it is in high demand on the market.
Some criteria to consider when valuing a personalised car number plate
Take into account the following criteria when trying to come up with a valuation for your private number plate. You need to look at them all together if you want a realistic price, so you can’t just pick and choose the factors that favour your number plate!
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