Once a simple form of registration, number plates are now the ultimate accessory for your car. Be it a word, business name, catch phrase or a simple combination of favourite letters & numbers. Personalised plates have become a hot commodity, a collectible. -9News
Alborz Fallah has spent $30,000 on 7 personalised plates, 3 of which are now up for sale on PlateSales.com -9News
Alborz: “I bought my first plate back in 2009 and it was the combination “STOP ME” which still embarrasses me but I still love them”
New personalised plates range in price from $200 up to several thousand, but how do you Guarantee a return on investment. Experts say a popular word spelt correctly without abbreviation could be worth over $10,000. Plates using only numbers are considered collectibles and topics based around current events could earn you cash. -9News
Once you buy a personalised plate you then own the rights to that specific combination for life or until sold. The department of transport has a limit (cap) on the amount of characters you can use to display as a plate. With majority of character combinations unavailable (taken) they become highly sought-after & people are looking for innovative ways to create a plate of value.