Number plates confuse car buyers
There was a time when buying a car was simple as anything and even easier to tell the year of the year by the letter on the end on the registration number. But it appears despite being out for nearly eight years the new style number plates are confusing the buyers of second hand cars.
The problem lies with the number plates year number, this is fairly clear when the year is stated as 02, 03, 04, 05 etc, but it is the middle of the year registration number that is causing all of the confusion, for example 52, 53, 54, 55, these numbers are actually affecting the value of some second hand cars.
According to certain car valuation guides, when they are pricing a vehicle it would seem that the number first registered in the March to August period that will have a zero for the year are on average worth £300 more than the cars first registered in the later of the same year.
The crazy situation is a clear indication that the car buyers of today cannot get their heads around the new number plate system. But yet it only takes a little bit of education and this would be sorted out once and for all.
Source [Auto Express]
