It would seem that before the credit crunch UK drivers spent £87 million on private number plates last year. There were some single number plates which cost as much as £250,000. But mainly the number plates were personal to the buyers.
In a report issued by the Lib Dem transport spokesman, Norman Baker, who was wondering who would be spending so much money on number plates. He suggested that it would be very interesting to find out how many of the countries MP’s actually have a private number plate on their own cars. He also added that the government are not too bothered as to who the people are that can spend huge amounts of cash on a private or personalised number plate, so long as they are raising cash for the government’s treasury.
In 1997 the amount of money raised by the DVLA was £36 million, a huge difference to the £87 million raised by the DVLA last year by selling such number plates as 51 NGH (Singh) which was sold for an amazing £245,000.
However what will be interesting are the figures for 2008, this will be a gauge as to if there is any affect by the credit crunch, or maybe people will still buy a private number plate no matter what the cost!
Source [Thai Indian News]
Personallyyours.co.uk has been in the personalised number plate industry for twenty years. They provide private number plates, rare number plates, attend number plate auctions and buy cherished number plates.
http://www.personallyyours.co.uk/
