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Does a cherished numberplate add extra value to a classic car?
I have a 1932 Morris Cowley, two seater tourer with dickey seat, which has an agreed value of £12,000. Its registration is two letters and a repetitive number pair (eg XX3535). When sold off separately, such numbers appear to have quite a significant value. Can such an 'added' value ever be realised on sale and how does one go about it?
Asked on 15 June 2018 by Patrick
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Separating the car from the numberplate will devalue your vehicle - so you need to be sure that the plate is worth enough for you to come out ahead. There are plenty of online numberplate sellers who will give you a valuation, but it's worth taking with a pinch of salt. You also need to remember that it can take a very, very long time to sell a numberplate. If you're convinced it's the right way to go, contact the DVLA and put your existing numberplate on retention, your Cowley will then be given an age-related numberplate. For what it's worth, I always think it's a shame to separate a car from its numberplate - in this case, it's worn it for 86 years.
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