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- Jun 24, 2008
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- 50,383
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- London
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- 2022 Hyundai IONIQ 5 RWD / 2016 Suzuki Vitara AWD
Plates can be a very good investment but only if the plate you buy is (or will be) in demand by others.
As long as there are other people who would be willing to pay £££ for F4LAH then it's fine.
The obvious risk is in spending silly money on a plate that no one else wants - or at least not as much as you did.
I have a plate which I bought for relatively little money some years ago, I bought it because I liked it - it is questionable if I could turn a profit on it, or even recoup the buying price in full, but that's besides the point as I did not buy it as an investment in the first place.
As long as there are other people who would be willing to pay £££ for F4LAH then it's fine.
The obvious risk is in spending silly money on a plate that no one else wants - or at least not as much as you did.
I have a plate which I bought for relatively little money some years ago, I bought it because I liked it - it is questionable if I could turn a profit on it, or even recoup the buying price in full, but that's besides the point as I did not buy it as an investment in the first place.