The DVLA issues new registrations for vehicles and also holds and sells the stock of all cherished registrations that have never been issued to vehicles. They simply don’t buy private number plates so don’t even ask.

Where You Can Sell Your Personalised Number Plate

Now that you know the DVLA won’t buy your personalised number plate, you’re probably wondering how you can get rid of it and make some money. Here are the two best options you have for selling your private plate.

Go Through a Dealer

You can easily find a private number plate dealer online that lets you advertise your plate for free. However, once your plate is sold, the dealer will get a nice chunk of your profit which may be around 30 percent. This is called a commission and it’s perfectly legal. So if you won’t mind selling to someone that will make a commission off the sale of your private plate, go ahead and use a dealer.

Sell Your Number Plate on Your Own

When you sell your private number plate on your own, you’ll get the full asking price. You will also enjoy the fact that you’ll be in full control. For instance, it will be you who sets the asking price and makes the arrangements with the buyer, not a dealer. You can sell your plate privately in several ways like:

• Listing your plate on Ebay
• 
  Advertising your plate in newspapers and auto magazines

• Making social media posts advertising your private plate

Of the three options above, the Ebay option does come with a catch or two. You will have to pay a listing fee and then a final value fee of around 10 percent once your plate is sold. So you won’t walk away with the full amount you sold your plate for. However, since Ebay is large and very popular, you have a good chance of getting your plate sold quickly and at a fair price.

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If you happen to have a private number plate that many people would love to own, it could be worth a whole lot of money. Some of the most sought-after private number plates are worth hundreds of thousands. That’s why you should consider selling your number plate if it’s nothing you necessarily want to hold onto. Who knows? That private number plate could end up making you a rich individual!

Check Your Options for Selling Your Private Number Plate

If you do decide to part with your private number plate, there are several ways you can go about selling it including:

• In a newspaper or auto magazine ad

• In an online auction

• Via a direct sale with an acquaintance

• Through a licensed number plate dealer

Of all the options above, the easiest method for selling private reg plates is through number plate dealers. A top-notch dealer won’t just let your plate sit on a shelf and gather dust. Rather he/she will actively promote your plate in order to get it sold. You also can expect a great dealer to price your plate correctly so that you end up getting the most money you can.

Find Out What the Value Is

When you’re about to sell your private reg plate, you should first find out what your plate is worth. This way, you won’t be swindled by a dodgy private buyer or conned by an unscrupulous dealer. To get a good idea of your plate’s value, look around the web for a private number plate valuation service. Just be prepared for a surprise. Your number plate could be of very little value if it features many characters. This is because the fewer characters on a plate, the higher the value, generally speaking. On the other hand, if your reg plate has only a few meaningful characters, it could be a real money-maker for sure!

Now that you know your private number plate could fatten your wallet, it’s time to get out there and advertise your plate so you can get it sold!

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There are some personalised plates that have sold for hundreds of thousands of pounds, believe it or not! For example, in 2014, “25 O’ was sold to Ferrari dealer John Collins for a cool £518,000. Wow!

If you’re the curious type, maybe you’ve wondered why some of these plates are so valuable. Here’s a quick run-down to help you understand why some of these plates fetch big money.

Several Factors Raise the Value of Personalised Plates

There are several factors that push up the value of personalised number plates including:

• Manufacturing dates before 1963; older plates are worth far more than newer plates

• Plates with popular first names

• Plates with popular initials

• Plates with clear replicates of words as opposed to plates that are hard to figure out what is being stated

• Plates with few meaningful characters as opposed to plates with many characters

Private Plates Will Continue to Be Popular

Considering how wildly popular personalised number plates are, it’s more than likely that these plates will continue to be popular for many years to come. Drivers love pimping out their vehicles with private personalised plates that turn heads wherever they go. People in the UK are crazy about their vehicles and enjoy customising them. There’s no better way to put a classic customised look on a car than by adding an eye-catching personalised number plate.

It’s Easy to Find Private Number Plates for Sale

If you’re considering buying a personalised number plate, you can find these plates for sale online at sites like Ebay and from licensed private plate dealers. You can also find plates for sale in local newspapers and in special automotive magazines.  When you find the personalised plate you’d love to own, it’s just a matter of paying for it and filing out some paperwork, then the plate’s all yours to cherish and show off!

The post What Makes Personalised Number Plates So Valuable? appeared first on Keighley Family History.

The personalised number plate not cost a lot of money and with thousands of such number plates which can be procured for a very cheap price; it becomes important for people to secure a number plate of their needs. Of course, there is also going to be a lot of demand for rare numbers like the ones starting with the number one or a reputation of certain numbers which is very much sought after. So, if you would want to be bidding for those personalised number plates, be sure to have a lot of money as a backup. However, if you are going to create your own personalised number that is synonymous with your own struggles in your life, then chances are that you would be able to get them for a very cheap price.

Although there are a lot of things that go into personalisation of your car, there is no such aspect which goes into creating your personalised number plate. All you need to do is to go into the database of the DVLA, find out if somebody else has already used that particular combination to create a number plate, and if they haven’t, use it for your own personalised number plate. Get it registered, and then you would be allowed to put it in your car and drive away in the roads of the United Kingdom. There would be no inspection failure, and you would not have to worry about any problems pertaining to the use of the personalised number plate if it comes from the right authorities.

The post What makes people get personalised number plates? appeared first on Keighley Family History.

Get a Number Plate Valuation

Knowing how much your registration plate is worth can seem like a daunting task. There are actually a few factors that are taken into account to determine a plate’s value like:

• How many number or characters it has

• Age of the plate

• The style of the plate

You can get a number plate valuation quite easily online as there are websites out there that offer the service for free.  On such a site, you typically just have to enter your registration number and fill in a few details. It’s good to know that the typical sites that offer free private number plate valuations are dealers who in the business of buying and/or selling these plates. This means you may end up seeing an offer from a website once you’ve completed the valuation process.

Know the Regulations

If you’re not familiar with the laws and regulations regarding the sale of private reg plates, here’s a quick run-down. You’re allowed to transfer a private number plate if it’s on a vehicle that’s taxed and tested or on a valid retention certificate. It can also be transferred to a SORN vehicle if it’s been on that vehicle for under one year.

Decide How to Sell the Plate

Assuming that the number plate you have is on a valid retention certificate and not a vehicle, you have a few options for selling your plate including:

• Selling it yourself by advertising it in a local newspaper ad
• Listing it for sale at an online marketplace like Ebay
• Working with a private number plate dealer

The easiest selling method is through a dealer.  Sure, the dealer will earn a commission, but they’ll also do all the advertising and transfer work for you.

It’s difficult to sell your private number plate. Just play by the rules and choose the selling method that’s right for you!

The post Want to Sell Your Private Number Plate? Here’s What to Do appeared first on Keighley Family History.