The Impressive Sale of Private Registration ‘NA74 SHA’ for over £45,000!
The private registration ‘NA74 SHA’ has just made headlines, selling at auction for an impressive hammer price of £35,010. When factoring in additional fees, the total cost for the buyer came to £45,032.84, a substantial increase of 28.63%. Here's how that breaks down:
- £7,002.00 VAT on the hammer price (20%)
- £2,450.70 Buyer’s Premium (7%)
- £490.14 VAT on the buyer’s premium (20%)
- £80.00 assignment fee
This adds up to a total price just over £45,000, a significant sum for a current style, dated number plate. The appeal of this registration clearly lies in its perfect resemblance to the popular name Natasha.
Why ‘NA74 SHA’ is So Desirable
Current style registrations, especially those with a dated suffix like ‘74’, don’t usually attract this level of spending, but the combination of letters and numbers in ‘NA74 SHA’ is what has driven its value so high. It’s a personalised registration that perfectly spells out the name Natasha, making it a coveted choice for anyone looking to create a truly personalised touch for their vehicle. Such name-related plates are always in demand, especially when they are so recognisable and easy to read.
What Does the '74' Mean?
The ‘74’ in the registration indicates that this plate is suited for vehicles first registered from September 2024 onwards. So, the buyer might have either a brand new car lined up, or plans to hold onto the plate until they acquire one that meets the registration’s requirements.
Is It Worth It?
Considering that private registrations are often seen as a status symbol or a long-term investment, the hefty price tag is understandable in this case. Personalised number plates, especially those that clearly spell a name or word, can hold their value well or even appreciate over time, depending on market trends and demand.
For those interested in owning a personalised number plate, it’s essential to factor in the additional fees beyond the hammer price at auction. In this case, the buyer ended up paying an extra 28.63% above the initial £35,010 due to VAT, buyer's premium, and other costs.
Conclusion
The sale of ‘NA74 SHA’ demonstrates the continued appeal and value of personalised registrations, particularly those with recognisable names. Whether as an investment or for personal use, this registration is a standout example of how desirable these plates can be. At Utopia Plates, we make the process of securing and assigning private number plates simple, offering a wide range of options to suit your style and preferences.
Number Plates Made Simple – Explore our collection of private registrations today and discover the perfect plate for your vehicle.