Cherished numbers are better than private plates. Private plates is the term most people use today to describe a special registration number bought for a car to depict a name or initials or similar. However they used to be called cherished numbers and usually had no age identifier i.e. they were ageless. Although private plates can be fun cherished numbers are still more valuable.

Private plates can be had at bargain prices now. Due to the economic downturn, house price crash and credit crunch, many people are looking around to see what they can sell. Many are offloading the personalised number plates they bought when the economy was buoyant leading to a glut in the market which in turn reduces prices as low offers are accepted.

Bob Lewis paid ?50k for the private plates bearing the registration number LEW 1S a year ago and was quite happy with his purchase until Lewis Hamilton offered him ?200k for it. It was originally auctioned by the DVLA in 1990 where it achieved ?36000 at the hammer and a total of approx ?45000 with vat etc. Bob was reluctant to sell at first but the offer was just too good to miss.