About to sell a number plate?

Whether you actually have a personalised number plate or not, it's fair to say that every numberplate on the road has a value- of sorts.

OK so you may not have JAN 1 on your car but C765JAN will be worth something and it's always worth investigating.

Selling number plates can be expensive- but we've got the answer

FACT - Depending on where you advertise you will incur costs advertising your numberplate.

Even if you register with a dealer who advertises your number plate for FREE - their commission is loaded into your number plate valuation so if someone purchases your numberplate for £10k but the dealer has told you it’s worth £8k then surely that’s £2k you’ve missed out on?

The cost of advertising in the classifieds can mount up as you have to pay to relist your
advert(s) every week or month - this can chip away at the return on selling your number plate.

So what is the answer?

Smashing Plates of course! (But we would say that, wouldn't we!)

As the leading number plate classifieds website on the internet we don't charge to relist adverts so you pay once to advertise and that's it - AND there's no commission when the plate sells- you keep every penny.

What is my number plate worth?

One of the areas which requires care and attention is the valuation of your number plate. Different people will give you different figures (much like house valuation) so you need to get a broad view of valuations and average the figure.

It's also worth looking at the DVLA auctions website and on the internet to see how much money similar number plates may have sold for previously.

Get a number plate valuation

Selling number plates can be long winded

There's a peg for every hole - so the saying goes- and this is true for personalised number plates- somewhere out there someone really wants to buy your number plate.

The trouble is actually finding them (!)

With so many different combinations and because all number plates are unique and an objective subject- it can take on average up to 12 months to sell a number plate.

How long to sell my number plate

Selling numberplates is NOT difficult!

Don't believe everything you hear- With the advent of the Smashing Plates website- buying and selling number plates privately is being rediscovered as something anyone can do- here are the basic myths:

  • You DON'T need a number plate dealer to sell your number plate.
  • Advertising with number plate dealers is NEVER 100% free.
  • Not all number plates cost thousands of pounds.
  • It DOESN'T take months to transfer a number plate.
  • NOT all number plates are transferable
  • It IS illegal to mis-space or mis-represent your registration number.

 

 

Baffled by Jargon? Try our number plate glossary

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