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With the World going mad for celebrity gossip and the 'Bling' culture, it only seemed natural that private plates would increase in popularity. With image playing a more important role in people’s lives than ever before private plates have recently seen a spike in interest and desire is at an all time high for the best of the best.
There are many reasons to buy private plates; to hide the age of the receiving vehicle, to reflect the initials of the owner or to reflect ones personality, but never before has interest in the highest value ‘top shelf’ private plates been as apparent. In the last 8 weeks New Reg has bought and sold more plates for ‘six figure’ sums than in the 8 months before. Private plates such as B1 and Y1 have been traded, setting new records for values on this type of private plates.
For years certain plates have caught the eye of the discerned buyer and the ultimate number 1 private plate was the goal for many. In the second quarter of 2006 interest levels in what the trade call ‘single singles’ have soared. A single single is a private number plate with only one letter and one number; e.g. Y1, K5 or 2L. Once considered a ‘dealer commodity’ in that they had a ‘steady investment value’ due to their low availability these plates are now being sought as alternative investments by smart people, and rightly so.
This category of private number plates is the most historic of all DVLC registrations, with the first ones being issued in 1903, many are now technically antiques! New Reg currently own more of these plates than any other number plates dealer in the world and if we don’t own the one that you want, we probably know who does. Call New Reg on 01772 566400