Number plates as investments

The DVLA held the first of this year's six personalised number plate auctions last week. The auction for 1600 private registrations took place at Whittlebury Hall, Towcester, Northamptonshire.

The top 3 best sellers of the auction were:

1 O - £210,242
1 HRH - £113,815
3 S - £94,035

1 O was sold to an phone bidder who wishes to remain anonymous.

1 HRH was bought by a Berkshire-based businessman. He said, “In my mind, there aren’t many registrations that can better 1 HRH. While bought as an investment, it will be placed on one of my cars.”

And venture capitalist, Spencer Day bought 3 S. He said, “There’s no better time than at present to invest money in personalised registrations. While I have no immediate plans to sell it, I am confident 3 S will give me a healthy return on my investment.”

Don't know where to invest your money? It seems number plates are a good bet.