I'm not so keen on the current format, unless its very clever and obvious that it says something. I much prefer the last format as they instantly stand out more, just by having less digits in them.
I think having your initials with a standard 7 digit plate doesn't show up to anybody who doesn't know you. I've noticed a few recently where for instance John F Brown goes for something like JB65JFB but it's not really eye catching is it ? Or the first two letters may be the Wife and the last three the husband (or vice Versa,) but this is usually with an 04 plate (i.e. AC04ABC ), like people used to write John 4 Julie !! K155 --- and M155 --- are frequent ones too
Current plates are ok if Mr Bagshot can get BA65HOT, or RH14NNA, etc but they've got to be obvious that they aren't standard. I've also seen a few plates for the ladies on the current format with MR5- for Mrs .... i.e. MR58RAY would be Mrs Bray
I'd much prefer the old style of M2JFB its short and sweet.. Alternatively I'd rather have something irrelevant but distinctively short like II XYZ. These are often available cheap at the DVLA auctions as apart from being irrelevant they come alphabetically last in the sales, when everybody has run out of money !
I once bought S1EAT and had it on my Seat Alhambra for a few years before selling it at a £1k profit to Mr Sleat. I've never lost money on any plate so think they are a good investment long term.
My son's initials are O.J. so years back I saw and bought 111 OJX (111 OJ x) and have been keeping it for him ever since, so I plonked it on the Zed to save on the retention fees, (before they changed it). Before that I had HAT55S on my last zed, which is now on retention for my daughter Harriet who's nearly 17 , as that's her nickname. I have one on my DD and so does my Wife.
I work on ANPR systems and I just find it all interesting for some reason ! I detect about 80,000 vehicles a day and can search them all, (but not without just reason - before you ask !)
