Where is the value in private number plates.
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People ask how do you value private number plates ,and it must be remembered that the initial figure is zero as all cars gave a registration number so why go and buy another? The answer of course is desirability. drivers crave a registration number which reflects their image and they are prepared to pay whatever it takes to achieve that. There are tangible factors to consider such as rarity and demand as in how many people would be interested in it. Rarity is governed by how many of that type of number were issued and demand is governed by how many people have those initials or that name.