THE UK’s most expensive personalised plates of 2023 have been revealed with the priciest fetching over £120,000.
Drivers of prestige cars are now prepared to spend obscene sums on private registration plates that stand out from the crowd.
Some owners are happy to pay six figure sums for plates that match their car or own name.
Now private number plate retailer Absolute Reg has shared the most expensive vehicle registration plates that UK motorists bought in 2023.
The most expensive plate of the year so far is H1NDU which went for £112,010. This was followed by £106,090 paid for 1DEO.
The most expensive plate in the UK is 25 0, which went for £518,480. The owner was thought to have bought the licence plate to go on his Ferrari 250 GT SWB.
This was followed by X 1 -which went for £502,500, and then G 1 which was sold for £500,000.
Absolute Reg has shared the most expensive vehicle registration plates that UK motorists bought in 2023.
H1NDU – £112,010
1DEO – £106,090
42O – £96,670
DEO1S – £80,010
5PS – £73,010
67O – £72,910
82O – £70,000
46O – £58,500
51O – £57,000
BSK1 – £53,010
Jake Smith, Director of Absolute Reg, said:“Sales of personalised number plates in the UK are booming, and the DVLA auctions mean British motorists are contributing millions of pounds of additional revenue each year to the taxman.
“Unique and ultra-flashy plates come at a high cost, with many motorists willing to spend over the odds for the most sought-after mix of numbers and letters.”
If you’re wondering how much your private number plate is worth, it is easy to find out.
The Guide to the Value of Car Registrations in the UK uses a series of tables and star ratings to calculate the value of almost every combination of number plate there is.
The most expensive number plates represent rare and exotic cars and typically have very few characters.
Some private plates are worth so much money that they actually cost more than the car they are attached to.
The DVLA states that you can sell or give a private (personalised) number plate to another person but the number must be assigned to their vehicle before they can use it.
You can use a private number dealer or sell your number yourself.
If you choose to use a private number dealer, most will find a buyer, arrange payment and transfer the number to the buyer’s vehicle.
If you have made the decision to sell your private number plate yourself, you will need to find a buyer and assign your number to their vehicle.
Motorists looking to assign their private number to someone else are advised to follow the steps provided on the DVLA website.
It is also important to note that if you’re selling your private number online, you should not share a scan or photograph of the V750 or V778 document, as someone other than the buyer might use it to put the private number on another vehicle.
