Top Tips for Selling Your Number Plate in the UK: Maximise Your Profits

 

Top Tips for Selling Your Number Plate in the UK: Maximise Your Profits

If you are selling a private number plate there are lots of different options you can chose and we will try and guide you into how you can get the best price for your plate.

Firstly, you need to check that your certificate does not have the words Non-Transferable as these plates are not able to be sold on.

DVLA do not buy any private plates back, they only issue and sell them.

 

How do I value what my plate is worth?

Lots of different factors determine the value of your plate, such as age, length, desirability etc. Make sure to do your own research to gauge a realistic valuation search the internet for similar plates, fewer similar plates that are available will increase the value.

 

Where should I sell my personalised number plate UK ?

Before the internet was born, people sold their plates in the Classified sections of newspapers and Magazines (some do still offer this service), but with limited numbers of readership the exposure your plate receives will be minimal.

Back in the early 90’s the World Wide Web was introduced into the public domain and this revolutionised how private plates could be bought and sold, as it was now so much easier to search online databases and platforms which significantly expanded the Private Number Plate market.

There are hundreds of different brokers and dealers that will assist you with selling a private number plate and their fees will vary to do so. Here at Moonstone Plates, it is a completely free of charge service for us to sell your plate, the price you agree is the price you will receive. We do add a 10% commission to your plate but this is ultimately paid by the buyer.

 

Why chose us?

As a reputable dealer that has been trading for over 5 years, outstanding customer service is our number one priority and with consistent 5 Star Reviews, you can be assured you will receive help and guidance through every step of the process to ensure you get the best deal possible on your plate. We can also assist you with a realistic value for your plate. Once the price has been set we can list your number plate for sale on our website www.moonstoneplates.com, where we have thousands of people looking for new personalised plates daily, we also send it to many other brokers enabling  your plate to be put to the right target audience of potential buyers with absolutely no cost to yourself.

 

Want to sell yourself?

When selling a private number plate we would recommend joining social media groups and posting the plates in there as most groups are free to do so!

You can choose to advertise your plate on one of the many selling sites like eBay, gumtree, your own media platforms or by using a broker or a professional private number plate selling service such as us to facilitate the transaction.

 

Several key things need to be kept in mind when selling it yourself:

The transfer of the plate to the new owner will need to be handled using the appropriate DVLA forms to assign the plate correctly.

Exercise caution to avoid falling victim to fraudulent buyers.

Never disclose the Certificate number from your private plate unless you are completely confident the buyer is genuine.

Ensure you are getting a fair price by assessing the market.

If selling private, you can also use us to broker the deal (this happens when the seller has already found a buyer but there are trust issues or they can’t meet up in person etc etc). Prices start at £50+VAT and scale up depending on the reg. This is like an escrow service where we hold the funds until the number plate either gets assigned to a car or until a new certificate is issued. The client will then get paid out in full.

 

Looking to buy a private number plate?

Take a look on our website at the thousands and thousands of private number plates to suit all budgets with prices starting at just £275, it is a perfect & unique gift for everybody.

Click the link www.moonstoneplates.com/buy or press our logo to go back to the home page to begin your number plate journey!

Or if you would like to speak to someone you can call our team Mon-Fri 9am to 6pm at 01995 213112 or click here to contact us!

 

Looking to sell a private number plate?

Alternatively, if you have a registration plate and are looking to sell or know someone who might you can click here to go to our sell page or give our team a call on 01995 213112.

 

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