Private number plates are considered by many drivers to be overpriced and unnecessary. People often remark that they would not be willing to spend thousands of pounds for the privilege of having their initials or nickname showcased on private number plate at the front and rear of their car.
Maybe the idea of personalising a vehicle so that it stands out from the rest does not appeal to everyone. However, what if you had a burning ambition to own a private number plate and it was solely the cost that was putting you off?
There is a hidden benefit to owning private number plates. Surprisingly lots of individuals fail to understand this very important feature. Several well informed buyers uncovered this hidden benefit a long time ago and as a consequence have profited handsomely from their shrewd purchases. It depends on how exactly you view the action you are taking when you buy your private number plates. Are you spending your hard-earned cash, or are you strategically investing it?
Think about the closest associated product to the cherished number plate; the motor car. There are not many cars which are considered investments. I accept there are certain vintage models and some exclusive special editions which do appreciate in value over time. However, in the majority of cases when you buy a car, you accept it is a depreciating asset. Everyone seems to accept that a brand new luxury saloon costing thirty thousand pounds will be worth much less than that amount after two or three short years.
Now let us consider a carefully chosen private number plate which could be yours for the sum of five thousand pounds. In three years time the private number plate will be worth at least what you paid for it. The good news is that over a longer period of time the carefully selected private registration will gradually increase in value.
So to put it in context you buy a car, pay road tax, pay motor insurance, buy fuel to make it go and all the time the car is depreciating. Many motorists happily spend many thousands of pounds on a motor car, but dismiss the thought of investing a small percentage of that amount on private number plates.
The moral here is that if you do wish to own a special personal number plate; do not dismiss the idea on the grounds of cost. If you choose wisely your private number plates could reward you financially if you hold on them long enough.
Maybe the idea of personalising a vehicle so that it stands out from the rest does not appeal to everyone. However, what if you had a burning ambition to own a private number plate and it was solely the cost that was putting you off?
There is a hidden benefit to owning private number plates. Surprisingly lots of individuals fail to understand this very important feature. Several well informed buyers uncovered this hidden benefit a long time ago and as a consequence have profited handsomely from their shrewd purchases. It depends on how exactly you view the action you are taking when you buy your private number plates. Are you spending your hard-earned cash, or are you strategically investing it?
Think about the closest associated product to the cherished number plate; the motor car. There are not many cars which are considered investments. I accept there are certain vintage models and some exclusive special editions which do appreciate in value over time. However, in the majority of cases when you buy a car, you accept it is a depreciating asset. Everyone seems to accept that a brand new luxury saloon costing thirty thousand pounds will be worth much less than that amount after two or three short years.
Now let us consider a carefully chosen private number plate which could be yours for the sum of five thousand pounds. In three years time the private number plate will be worth at least what you paid for it. The good news is that over a longer period of time the carefully selected private registration will gradually increase in value.
So to put it in context you buy a car, pay road tax, pay motor insurance, buy fuel to make it go and all the time the car is depreciating. Many motorists happily spend many thousands of pounds on a motor car, but dismiss the thought of investing a small percentage of that amount on private number plates.
The moral here is that if you do wish to own a special personal number plate; do not dismiss the idea on the grounds of cost. If you choose wisely your private number plates could reward you financially if you hold on them long enough.
About the Author:
There is some fantastic inside information on private number plates at the privatenumberplates4u.co.uk website.
