You can drive into profit as number plate prices boom
There has been a surge in demand for personalised car number plates during the pandemic – turning many of them into shrewd investments. The increase in sales has helped the value of the most sought-after plates rise in price, creating a multi-million pound industry where they can change hands for anything from £150 to £200,000 – or more. Russell Palmer is a director at plate trader CarReg. He says: 'With so many people forced to work from home, there has been a boom in business – with people discovering that personalised number plates can prove shrewd investments. Thanks to regular on...