When it comes to number plates, some people will pull out all the stops and pay thousands of pounds just to get their hands on a rare one, which can sit on the front of their car and get covered in bug splatter when they go out for a drive… but which ones are the most expensive?
£7.25million - 1
Purchased by an Abu Dhabi businessman in 2008, this number plate with just the letter 1 fetched more than Posh and Becks’ Beckingham Palace when they first bought it. It’s such a rare plate the price will more than likely double by the time it is sold again.
£518,000 - 25 O
Ferrari dealer John Collins purchased this plate back in 2004 and it now sits in pride of place on a Ferrari 250 that was once owned by Eric Clapton – that should help its value rise considerably!
£440,625 - F1
You’d think a racing driver such as Jenson Button or Lewis Hamilton would have made a bid for this racing themed number plate, but a Bradford businessman actually got his hands on the plate for an eye watering £440,625. He has since been offered £6million for the plate but turned the offer down!
£404,000 - S1
Considered to be the first number plate produced in Scotland, it was first sold in 1903 and in 2008 was sold again for £404,000. The new owner has apparently secured the plate to an old Skoda, which could be considered a bit of a downgrade after once being owned by the lord Justice Clerk of Scotland, John H. A. MacDonald.
£352,000 – 1D
Surprisingly this plate wasn’t purchased by a band member of One Direction, but a London based property developer who picked it up for his wife’s Bentley in 2009.
When it comes to purchasing a new number plate or creating a private one, there are a few things to bear in mind:
- The average cost of a personalised plate is estimated at £387.
- If you haven’t bought your vehicle but are instead using a company such as Lease Car to ensure you drive a high spec car without the initial costs, you won’t be able to change the number plate.
- The cost will likely be higher the fewer numbers and letters there are on the plate.
- You cannot have anything rude or offensive on your number plate – although naughty plates have apparently sneaked past DVLA checks in recent years.
- Number plates are great for investors, as they usually increase in value over the years.