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Car Registrations


Car registrations Which Have Hit The Headlines

While the UK car registrations market is one of the more active in the world, do you know what kind of price the premium number plates are selling for? Read on, you might be surprised!

Car plate - M 1

Prior to February 2008, the cherished number plate M 1 held the record as the most expensive ever sold in the UK. The plate was sold for a massive £331,000, which was a car egistrations record. This stood for some time until the F 1 plate appeared on the 4th February 2008.

Private plate - F 1

As far as car registrations go there can be few which can attract as such interest as the F1 plate with its obvious reference to Formula One motor racing - as well as being an attractive premium registration plate in its own right. Would you believe that this cherished plate went for a massive £375,000 when car designer Afzal Kahn decided he just had to have it!

Registration plate - CEO 1

While the car registrations market has always attracted a great number of wealthy business people, there can be few more apt car registrations than CEO 1 (Chief Executive Officer 1). This premium plate was presented for sale in 2007 and went for a very impressive £154,000. However, it was recently announced that the plate CEO 7 is to be sold on the open market after the owner of 40 years came forward. While maybe not as exclusive as CEO 1, there is sure to be some interest in CEO 7 which is currently on a Volvo V70 with the plate worth many more times the value of the car.

Who actually values these Car Registrations?

The UK car registrations market is no different from any other market where buyers and sellers come together – it is simply a case of market forces. While there will be an intrinsic value to any of the millions of potential car registrations, when you get to the top end of the market it is very much a case of promoting the sale and trying to attract as much interest as possible.

The premium cherished number plates are very rare and this is often the reason why you see prices rocket up to the price paid for the F1 registration plate. The chances of that plate appearing on the market again in the short term are very small indeed, hence the reason why the bidding was so hot and the price so high.

That is not to say that what may be the perfect cherished plate for you will actually have the same appeal to others. You might be surprised what is on offer so why not check out our unique number plates clever search and treat yourself.

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