Hi
Anyone tried bidding for a auspicious car licence plate e.g. SGL88P as a form of capital gain investment? Do licence plate prices appreciate over time?
Yes, some license plates command very high premiums, go sgcarmart see. New plates even with auspicious numbers like 88 are unlikely to command high prices, unless its single digit and a unique combi with the alphabets
but mostly are vintage plates, like single S, E, Sx (where X is the next alphabet), or some unique combinations. Most of these plates are in the hands of rich families who probably intend to pass down the generations, so it is very hard to come across a rare plate for sale.
combinations which form words are rejected