Cherished Number Plates News

Ever increasing value of top end cherished number plates

02 September 2008

Cherished number plate M 1

Personal or cherished number plates can now sell for more than the average priced house.

In January 2008 the business man Afzal Khan paid £440,625 for the cherished number plate 'F 1'. Other cherished registrations which sold for impressive prices are 'M 1' which went for £331,000, 'K1 NGS' which sold for £235,000; '1 A' for £202,000; 'S1 NGH' for £108,000; '1 RR' for £106,000; 'G1 LLY' for £87,500; 'P1 LOT' for £82,500 and 'ELV 1S' for £75,000.

This trend is not restricted to the UK. Earlier this year the number plate '1', that's right just the number '1' sold for an astonishing £7.1 million pounds in the United Arab Emirates!

Thankfully, few car registrations are so expensive. Many start from as little as £160, so it isn't surprising that personal number plates are becoming increasingly popular investments. Visit http://www.cherished-number-plates.co.uk now to find yours.