number plate valuation - what's my number plate worth ?

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Number plate valuation - what's my number plate worth?

It's true that all number plates have a value - but truer still not all number plates were created equal - some are worth far more than others.

But how to know what is worth what and is your number plate a valuable piece of automotive art or is it a low budget number plate of no significance?

Read on young reader - we will do our best to demysitfy !

Personal number plates homepage

before you read on - introducing............Our lovely number plate blog 

well one of them at least - we do write a LOT about reg plates!

In addition to numberplate values and valuations we know about a lot of number plate stuff - why not check out our blog sometime? go on - you know you want to!

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Valuing your number plate isn't as hard as you might think 

A little thought, a little homework and you'll get there

Ok so you want to know how much your Personalised number plate is worth - whether you choose to sell the plate or are just curious - you've come to the right place.

There really are only a handful of things to think about - we'll explore them here and hopefully keep things as jargon free as possible.

If you have any questions or need any help then email us and I'll lend a hand where I can

James@smashing-plates.com

What did you pay for the reg plate? 

A good starting point

It makes sense to think how much you paid for the Cherished number plate and how long ago you made the purchase.

Number plate values dont fluctuate too much over time and in a majority of cases there is a small increase in value each year.

So how much did you pay for your plate? and where did you buy it from? If it was bought via a dealer then there might be a slight premium which inflated the price you paid.

Either way - how much you paid for your Private plate is a good starting point.

How much are similar number plates selling for? 

Take a look around - the market will largely dictate value.

If you are selling a BEN number plate and know there are many BEN number plates for sale at varying prices - then it's best to trawl the number plate dealers and number plate classifieds to find the most similar plate(s) to yours and see how much they go for.

Averaging the value of 3 or 4 similar plates is a good move - it's also worth checking more than 2 or 3 websites as number plate prices can vary from site to site as different number plate dealers load different amounts of commission onto their sales.

check out these links:
number plate dealer
number plate classifieds

"Number plate valuation takes a keen eye, lots or homework, and a pinch of guesswork"

What is the meaning of the plate? 

This bit takes a little homework.

If your number plate will only appeal to a small niche group of people - think Porsche owners called Kevin - then you stand less chance of selling your plate than if it appealed to any Kevin or any Porsche owner.

Porsche number plates

Try to keep the meaning of your number plate as broad as possible as the more potential buyers you have - the higher the potential value of your number plate.

Sit down - with a cup of tea and a dictionary (or a coffee- it doesnt matter..) and spend some quality time working out who your private plate will appeal to and why.

what does my number plate say about me?

Is yours an illegal number plate? 

Be honest - this could cost you

If your number plate requires modification in any way shape or form - then in the eyes of the law it is an illegal number plate.

As the DVLA and the police are cracking down on such things it stands to reason that if your number plate requires illegal spacing or fonts then in time it will be worth less as less people want to run the risk of being caught.

We hate to preach - but steer clear of illegal number plates - there's always a better alternative - it just may take a little homework.

illegal number plates

If in doubt - seek professional help 

Hey -we all need it from time to time

Many Number plate dealers offer number plate valuations - and we do too at Smashing Plates. It's wise to get 3-4 number plate valuations in addition to doing your homework - this was you can be sure you've done all you can to get a ballpark valuation for your number plate.

number plate valuation

dont forget!

Smashing Plates can value your number plate for you

click here:

Number plate valuation links 

Links about private number plate valuation...

We've written a LOT about number plates on the internet- here are some of our pieces relating to valuing personalised number plates.
what's my personal number plate worth?
A few pointers to start you off on the value of your car registration number plate.
Number plate valuation
For a small fee we will use all our expertise to value YOUR cherished number plate

Tell us what you think - good or bad :-) 

...but if it's bad - try to be nice :-)

We like to talk write and dream about number plates - if you're not quite at our level of "enthusiasm" and have a question then ask us- we'd be happy to help:-)
james@smashing-plates.com

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