Private number plates are considered by many drivers to be extravagant and unnecessary. Many people often remark that they would not be willing to spend thousands of pounds for the benefit of having their name or initials exhibited on a number plate at the front and rear of their car.
I accept the idea of displaying private number plates on a vehicle does not interest everyone. However, what if you had a secret desire to own private number plates and it was only the price that was putting you off?
There is a hidden advantage to owning a personalised number plate. Unfortunately lots of individuals fail to understand this very important benefit. Some well informed buyers realised this additional advantage many years ago and as a result have profited handsomely from their canny purchases. It all comes down to how you view the action you are taking when you acquire your private plates. Are you purchasing for pleasure, or are you investing for profit?
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 selected personalised number plate which could be yours for the sum of five thousand pounds. In three years time the personalised number plate will be worth at least its original price. The good news is that over a longer period of time the carefully chosen personalised registration will steadily 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 lesson here is that if you do long to own a special cherished registration; do not decide against it on the grounds of cost. If you choose wisely your private number plates may not actually 'cost' you anything at all in the long run.
I accept the idea of displaying private number plates on a vehicle does not interest everyone. However, what if you had a secret desire to own private number plates and it was only the price that was putting you off?
There is a hidden advantage to owning a personalised number plate. Unfortunately lots of individuals fail to understand this very important benefit. Some well informed buyers realised this additional advantage many years ago and as a result have profited handsomely from their canny purchases. It all comes down to how you view the action you are taking when you acquire your private plates. Are you purchasing for pleasure, or are you investing for profit?
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 selected personalised number plate which could be yours for the sum of five thousand pounds. In three years time the personalised number plate will be worth at least its original price. The good news is that over a longer period of time the carefully chosen personalised registration will steadily 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 lesson here is that if you do long to own a special cherished registration; do not decide against it on the grounds of cost. If you choose wisely your private number plates may not actually 'cost' you anything at all in the long run.
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For more details on the subject of private number plates click over to the privatenumberplates4u.co.uk website.
