De-value

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Cornishcath
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De-value

Post by Cornishcath »

My Dad has a 1956 split screen Morris Minor that has been in the family for 35 years. It is in beautiful condition and has an original Cornish plate. If we take the plate off it, will it de-value the car as we want to sell it?
OHP 900
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Re: De-value

Post by OHP 900 »

Your average classic car buyer may not be able to tell the difference, however, the people who are in the market for early cars like your Series 2 will probably be more interested and focused on originality and authenticity.

Certainly an original registration does have some value, especially if the car has the physically original plates whose style and age gives more authenticity.

I personally would never transfer a plate. It's part of the cars individual history, story and identity! It also makes it harder and more frustrating for possible future owners to trace its history.
'49 saloon - LMM 982
‘52 4 door saloon - KWP 463
'53 van - OHP 900
‘54 Traveller - LVJ 184
'56 4 door saloon - 656 BPK
Million #281 - 1620 MY
'63 2 door saloon - KGH 680A (was 936 STX)
‘65 2 door saloon - CYD 315C
'66 Traveller - FHW 952D
'66 2 door saloon - KUD 108D
'66 Convertible - GKE 885D
'68 2 door saloon - TUW 453F
'68 4 door saloon - TYA 501G
'69 2 door saloon - RKJ 882G
'69 2 door saloon - ROU 979G
‘69 Traveller - LWL 835G

POMMReg
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Re: De-value

Post by POMMReg »

OHP 900 wrote:Your average classic car buyer may not be able to tell the difference, however, the people who are in the market for early cars like your Series 2 will probably be more interested and focused on originality and authenticity.

Certainly an original registration does have some value, especially if the car has the physically original plates whose style and age gives more authenticity.

I personally would never transfer a plate. It's part of the cars individual history, story and identity! It also makes it harder and more frustrating for possible future owners to trace its history.
I TOTALLY agree, well done OHP for answering so eloquently!!
Further investigations uncovered it was an inside job!!
tysonn
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Re: De-value

Post by tysonn »

To answer the OPs question I don't think removing the plate will affect the price you get for the car.If you've made up your mind to sell and its original plate has a value to you whether its financial or sentimental just do it.
Mick
LouiseM
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Re: De-value

Post by LouiseM »

Just be aware that quotes given for registration number values are often over inflated so you might find it is not worth as much as you think when you try to sell it.


Eric - 1971 Traveller
bmcecosse
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Re: De-value

Post by bmcecosse »

Old plates are VERY over inflated in value....don't be sucked in. Unless the letters and figures spell out a good name eg (ROY 666 ??) :evil: it will not sell all that well. Keep it on the car - or perhaps - transfer it to your 'modern' car as a memory of what you had. The transfer age related plate on the Minor will certainly reduce it's value for a specialist buyer.
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tysonn
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Re: De-value

Post by tysonn »

The reason they want to remove it may be nothing to do with money.
Mick
faversham999
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Re: De-value

Post by faversham999 »

Then u find the next owner sells the plate to fund repairs

POMMReg
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Re: De-value

Post by POMMReg »

tysonn wrote:The reason they want to remove it may be nothing to do with money.
Mick
We live in a fast buck society!
Further investigations uncovered it was an inside job!!
tysonn
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Re: De-value

Post by tysonn »

If that's a point you're making Chris it went over my head.
Mick
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