Cherished Number Plate Information
Information about cherished number plate M50 HOT.
This registration can only be assigned to a 'M' registered or newer vehicle. (Registered after 01/08/1994)
This registration was first made available on the 01 August 1994 and is currently not available.
Cherished number plates, such as M50 HOT, consist of a string of letters and numbers which provide a unique identifying mark for each vehicle licensed to use the roads in the United Kingdom. The number plates used to display this identifying registration number have to conform to strict standards and specifications to ensure clarity and visibility. Recently the regulations pertaining to the display of DVLA registrations have become more and more strict as the authorities attempt to combat crime and traffic offences.
Private registrations can be a great investment, with esteemed low number, dateless plates being the most attractive. 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 extortionate 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 personalized car numbers has created a very healthy marketplace. Whereas the majority of owners acquire their numbers for pleasure, there are an increasing number of investment-conscious buyers 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.