Cherished Number Plate Information
Information about cherished number plate J12 GYM.
This registration can only be assigned to a 'J' registered or newer vehicle. (Registered after 01/08/1991)
The popularity of personalized car numbers has spawned a very healthy marketplace. Whereas the majority of owners buy their numbers for pleasure, there are an increasing number of investment-conscious purchasers who acquire their plates with a view to selling them later at a profit. A former BBC Top Gear presenter is widely quoted as having said that a well chosen private number can be better than money in the bank. Certainly some of Britain's most astute business people are converted to the personal registrations cause. Sir Alan Sugar, Duncan Bannatyne, Theo Paphitis - they all own carefully chosen cherished numbers.
Private registrations can be a great investment, with esteemed low number, dateless plates being the most popular. The most expensive plate bought so far in the UK is F 1, which was purchased in February 2008 from Essex County Council by businessman, Afzal Kahn, for £440, 625. This may seem like an huge amount of money, but it should be noted that Mr Kahn’s F 1 could actually hold its value better than the Ferrari that carries it. In September, the plate S 1 was bought for &opund;404,062.50, which shows that the popularity for number plates continues.
The popularity of private car registrations is increasing in many ways. The number of people buying personal number plates is higher than ever before, and the prices they are paying for top examples are reaching record levels. There is simply no question that we are seeing a real boom in the appeal of cherished numbers, both as an investment and as a fun aspect to car customisation.