Looking to buy a plate - SA51 PNK

Looking to buy a plate - SA51 PNK

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Discussion

Baryonyx

17,997 posts

160 months

Wednesday 22nd April 2015
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andburg said:
Seller shortly received a better offer from elsewhere and sold the plate.
This is the one thing I don't believe. Lets be fair to the plate, it's a load of crap. It very vaguely fits a strange nickname which had some relevance to the OP. To anyone else, it's just a crap old plate. I can imagine the owner of the plate not wanting to get off his arse and sell it for £200 plus fees, especially greed seems to have been his primary motivator from the off. What stretches credulity is the assertion that there was a sudden bidding war between numerous interested parties trying to buy the plate. The fact the one person it has some relevance to made a thread about it on here doesn't mean it's not a crap plate if you're trying to make out it says something.

R11ysf

1,936 posts

183 months

Wednesday 22nd April 2015
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new666uk said:
R11ysf said:
Or he thought your offer was derisory. When I've had cars for sale in the past advertised if I got an offer of 80% of the value I would respond to the inquiry saying it wasn't enough in hope of establishing a bid/offer haggle. When people offered 50% I didn't even bother replying. I'm guessing if the vendor wasn't even tempted to ask you to up your offer then it was one of the latter group.
Well my initial offer was £200 and I fully expected to haggle and would have gone to around £400. Bear in mind aside from the £80 DVLA fee there's ~£300 for a minor amount of effort and it's £££ he'd never have had in the first place until I kicked this all off.

I didn't come into this with my rose tints on expecting a gushing response from the seller and steal a valuable asset from him. I still maintain the plate isn't worth all that much and selling it would probably net a quarter to a third of the value the Freelander is worth.

Long story short, seller has accepted another offer apparently so that's the end of the story.
So I think I hit nail firmly on head. Your offer was so derisory that the reason he didn't think it was worth haggling was because you weren't in the same ball park.

To be honest if I had any plate, even if it was worth literally zero pounds, I wouldn't bother with any of that hassle for £500 let alone £200.

Anyway, I'm glad you put a number on it so that all of those people who slagged off the seller can now eat some humble pie.

sjc

13,968 posts

271 months

Wednesday 22nd April 2015
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new666uk said:
Well my initial offer was £200 and I fully expected to haggle and would have gone to around £400. Bear in mind aside from the £80 DVLA fee there's ~£300 for a minor amount of effort and it's £££ he'd never have had in the first place until I kicked this all off.

I didn't come into this with my rose tints on expecting a gushing response from the seller and steal a valuable asset from him. I still maintain the plate isn't worth all that much and selling it would probably net a quarter to a third of the value the Freelander is worth.

Long story short, seller has accepted another offer apparently so that's the end of the story.
200 quid........ ( no doubt less the 80 quid transfer fee rofl)
Thanks for elevating this thread to legendary status.

AyBee

10,535 posts

203 months

Wednesday 22nd April 2015
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£200? No wonder he said no, you have to be in the right ball park to haggle. Even if he said a straight no, surely you go back immediately with "£300" or "what's it worth to you" - sounds like you weren't that interested in it to me?

new666uk said:
Plates one letter removed are in the £250 mark so it's more than likely nothing special to the Freelander owner.
You even stated the above yourself so £250 + £125 costs should have been your minimum offer if you were serious about it.

Still doubt the OP has actually sold it though tongue out If he has, it would be someone on here - shout Own up! wink

andyps

7,817 posts

283 months

Wednesday 22nd April 2015
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Baryonyx said:
This is the one thing I don't believe. Lets be fair to the plate, it's a load of crap. It very vaguely fits a strange nickname which had some relevance to the OP. To anyone else, it's just a crap old plate. I can imagine the owner of the plate not wanting to get off his arse and sell it for £200 plus fees, especially greed seems to have been his primary motivator from the off. What stretches credulity is the assertion that there was a sudden bidding war between numerous interested parties trying to buy the plate. The fact the one person it has some relevance to made a thread about it on here doesn't mean it's not a crap plate if you're trying to make out it says something.
AyBee said:
You even stated the above yourself so £250 + £125 costs should have been your minimum offer if you were serious about it.

Still doubt the OP has actually sold it though tongue out If he has, it would be someone on here - shout Own up! wink
Pretty sure there was a post from someone here in addition to the OP who expressed interest in the plate so there is quite a chance it sold. Whilst it might not be anything of interest/value to most people it does, on a quick glance, resemble some words that I can understand has some meaning for some people.

Offering £200 seems like extracting the Michael to me, if someone chased down my plate and made an offer of less than one which they don't want, not saying something recognisable to anyone, and available from the DVLA I would think they were joking. I have a car with the originally issued plate which is meaningless, I doubt I could be bothered selling it for £200 with the effort I would then be involved in (and for the record it is on a car with a value probably lower than that of the Freelander currently sporting the plate in discussion), especially if someone had shown the level of desire for it to post on a motoring forum asking if anyone knew of it. Had I been the OP I would have thought an opening bid of £500 would be reasonable, but I'm not so each to their own.

thelawnet

1,539 posts

156 months

Wednesday 22nd April 2015
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Baryonyx said:
This is the one thing I don't believe. Lets be fair to the plate, it's a load of crap. It very vaguely fits a strange nickname which had some relevance to the OP. To anyone else, it's just a crap old plate. I can imagine the owner of the plate not wanting to get off his arse and sell it for £200 plus fees, especially greed seems to have been his primary motivator from the off. What stretches credulity is the assertion that there was a sudden bidding war between numerous interested parties trying to buy the plate. The fact the one person it has some relevance to made a thread about it on here doesn't mean it's not a crap plate if you're trying to make out it says something.
Well it's still showing as on a Land Rover Freelander today on the various databases today. If that hasn't changed in the next few weeks, we'll know the seller was talking bks.

mgtony

4,020 posts

191 months

Wednesday 22nd April 2015
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thelawnet said:
Baryonyx said:
This is the one thing I don't believe. Lets be fair to the plate, it's a load of crap. It very vaguely fits a strange nickname which had some relevance to the OP. To anyone else, it's just a crap old plate. I can imagine the owner of the plate not wanting to get off his arse and sell it for £200 plus fees, especially greed seems to have been his primary motivator from the off. What stretches credulity is the assertion that there was a sudden bidding war between numerous interested parties trying to buy the plate. The fact the one person it has some relevance to made a thread about it on here doesn't mean it's not a crap plate if you're trying to make out it says something.
Well it's still showing as on a Land Rover Freelander today on the various databases today. If that hasn't changed in the next few weeks, we'll know the seller was talking bks.
With some of the figures being bandied around, perhaps the owner sold the car with the plate. biggrin

new666uk

Original Poster:

184 posts

119 months

Wednesday 22nd April 2015
quotequote all
AyBee said:
£200? No wonder he said no, you have to be in the right ball park to haggle. Even if he said a straight no, surely you go back immediately with "£300" or "what's it worth to you" - sounds like you weren't that interested in it to me?

new666uk said:
Plates one letter removed are in the £250 mark so it's more than likely nothing special to the Freelander owner.
You even stated the above yourself so £250 + £125 costs should have been your minimum offer if you were serious about it.

Still doubt the OP has actually sold it though tongue out If he has, it would be someone on here - shout Own up! wink
Well I had already asked the seller what he wanted but in lieu of any feedback I have to start somewhere. No-one starts a buy negotiation high, that's just not how one goes about a negotiation. The offer was made having loosely benchmarked similarly random plates and not some blind finger in the air.

If Nick had told me he wanted £500 for it we'd haggle till we found a number comfortable to us both.

Plenty of folks have commented that there should be some compensation for the sellers trouble. Fair enough but let's not imagine we're all on million pound salaries (although I'm not discounting the fact Nick's could be).

£2 - 300 for half a days work (being generous) would mean valuing the sellers time at the equivalent of £100k+ a year.

thelawnet

1,539 posts

156 months

Wednesday 22nd April 2015
quotequote all
new666uk said:
Plenty of folks have commented that there should be some compensation for the sellers trouble. Fair enough but let's not imagine we're all on million pound salaries (although I'm not discounting the fact Nick's could be).

£2 - 300 for half a days work (being generous) would mean valuing the sellers time at the equivalent of £100k+ a year.
That's not right.

New set of plates - £50 (yes, you can get them cheaper, but that's what I paid for my plates, they are 3D)
Half-a-day's work - £250 (not unusual, to be frank)
DVLA Transfer fee - £80

And that's without taking into account the asset value of the plate. Arguably not very much, but certainly something - you were not paying him for work that he could do again, but for a one off sale. So you need to include that in your calculations.

Muzzer79

10,024 posts

188 months

Wednesday 22nd April 2015
quotequote all
£200 is a cheeky bid of that there is no doubt but I don't blame the OP for starting low.

It's a plate with no value to anyone else and the seller could just have been looking to make a fast buck.

There's no point in starting at £500 and wondering if you could have got it cheaper......

I would have expected the seller to respond with some feedback on the bid - be that good or bad and gauge it from there. If he wants £1k then the OP would've known to walk, if he'd wanted £500 then the fine art of negotiation begins.

If the seller is rejecting this bid because it's "derisory" then all he had to do was say what he wanted. Maybe the OP could have been persuaded to come up more. Maybe the seller is in dreamland and wants a grand.....

HQ2

2,305 posts

138 months

Wednesday 22nd April 2015
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£200 isn't cheeky it's a piss-take. The internet throws up a remarkable scenario and then the OP hits him with that!

Dog Star

16,142 posts

169 months

Wednesday 22nd April 2015
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Has anyone actually called "custard" on any of this? (I have neither the time nor the inclination to read the entire thread).

I think the whole thing is a particularly crap windup on behalf of the "seller".

new666uk

Original Poster:

184 posts

119 months

Wednesday 22nd April 2015
quotequote all
Dog Star said:
Has anyone actually called "custard" on any of this? (I have neither the time nor the inclination to read the entire thread).

I think the whole thing is a particularly crap windup on behalf of the "seller".
In fairness the seller sent me a pic before we started (briefly) talking £.

Shaoxter

4,081 posts

125 months

Wednesday 22nd April 2015
quotequote all
new666uk said:
Dog Star said:
Has anyone actually called "custard" on any of this? (I have neither the time nor the inclination to read the entire thread).

I think the whole thing is a particularly crap windup on behalf of the "seller".
In fairness the seller sent me a pic before we started (briefly) talking £.
I think he's inferring that you (the OP) and the seller are one and the same...

AyBee

10,535 posts

203 months

Wednesday 22nd April 2015
quotequote all
new666uk said:
Well I had already asked the seller what he wanted but in lieu of any feedback I have to start somewhere. No-one starts a buy negotiation high, that's just not how one goes about a negotiation. The offer was made having loosely benchmarked similarly random plates and not some blind finger in the air.

If Nick had told me he wanted £500 for it we'd haggle till we found a number comfortable to us both.

Plenty of folks have commented that there should be some compensation for the sellers trouble. Fair enough but let's not imagine we're all on million pound salaries (although I'm not discounting the fact Nick's could be).

£2 - 300 for half a days work (being generous) would mean valuing the sellers time at the equivalent of £100k+ a year.
You didn't offer him £2-300 for half a days work though, you offered him £75! You said yourself that similar plates were £250 - then take into account the £80 transfer fee, the £20 insurance change fee, the £25 to get new plates made up, that leaves £75 for the owner. Like I said, a 'fair' offer would have been the total of the above (£375), maybe slightly less if you're planning on negotiating, and the seller would have knocked you up a bit because he knew you wanted it. Negotiation usually starts slightly below what you think it's worth to the other person, not half!!

new666uk

Original Poster:

184 posts

119 months

Wednesday 22nd April 2015
quotequote all
Shaoxter said:
new666uk said:
Dog Star said:
Has anyone actually called "custard" on any of this? (I have neither the time nor the inclination to read the entire thread).

I think the whole thing is a particularly crap windup on behalf of the "seller".
In fairness the seller sent me a pic before we started (briefly) talking £.
I think he's inferring that you (the OP) and the seller are one and the same...
Well that stumped me - I couldn't even start to think of a reason that I'd initiate a conversation with myself like this. I might talk to myself from time to time when I think no-ones looking but this would be a whole order of magnitude of weirdness.

It's like a conspiracy theory, all the evidence is circumstantial and no-one can post anything to prove Nick (seller) and me (buyer) are completely unrelated.

Muzzer79

10,024 posts

188 months

Wednesday 22nd April 2015
quotequote all
AyBee said:
new666uk said:
Well I had already asked the seller what he wanted but in lieu of any feedback I have to start somewhere. No-one starts a buy negotiation high, that's just not how one goes about a negotiation. The offer was made having loosely benchmarked similarly random plates and not some blind finger in the air.

If Nick had told me he wanted £500 for it we'd haggle till we found a number comfortable to us both.

Plenty of folks have commented that there should be some compensation for the sellers trouble. Fair enough but let's not imagine we're all on million pound salaries (although I'm not discounting the fact Nick's could be).

£2 - 300 for half a days work (being generous) would mean valuing the sellers time at the equivalent of £100k+ a year.
You didn't offer him £2-300 for half a days work though, you offered him £75! You said yourself that similar plates were £250 - then take into account the £80 transfer fee, the £20 insurance change fee, the £25 to get new plates made up, that leaves £75 for the owner. Like I said, a 'fair' offer would have been the total of the above (£375), maybe slightly less if you're planning on negotiating, and the seller would have knocked you up a bit because he knew you wanted it. Negotiation usually starts slightly below what you think it's worth to the other person, not half!!
What would you have started at then?

Valuing a plate that has a material value to the sum total of about 2 people is very hard.

A chap has come online to a forum saying that he has it, with little other info other than to make an offer.

He could be anyone, in any position.

Why offer him more than a couple of hundred quid if there's a chance he'll take less? A sensible person would want a decent wedge for the hassle, transfer fee, etc but not everyone selling something is a sensible person.....

It's not like the OP has offered £10k for a Renoir painting. There is a tiny market for this.

The seller, in reality, is clearly a little savvy and wants to get more for it so it's worth his while. More power to him.
It's then up to him to say what it will cost to own it.


Yiliterate

3,786 posts

207 months

Wednesday 22nd April 2015
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Surprised so many people think £200 is such a derisory opening offer; that's what I paid for my M5*** plate and I didn't feel like I'd stolen it off the seller. Fair enough if it was something like 'ABC 1' or 'S1MON', then the bid would obviously have been a time-waste, but I can't see it would be beyond the realms of possibility for a plate like SA51 PNK to have gone for somewhere around a 'standard DVLA' price. On this occasion it didn't, so congrats to the seller for getting a price he was happy with, but if that plate had sold for somewhere in the price range the OP stated, I doubt it would have sent shockwaves through the cherished plates market...

AyBee

10,535 posts

203 months

Wednesday 22nd April 2015
quotequote all
Muzzer79 said:
What would you have started at then?

Valuing a plate that has a material value to the sum total of about 2 people is very hard.

A chap has come online to a forum saying that he has it, with little other info other than to make an offer.
The OP stated himself in his original post:
new666uk said:
Plates one letter removed are in the £250 mark so it's more than likely nothing special to the Freelander owner.
Given this information, I'd have provided the seller with examples of this (he'd probably have had a look himself anyway), added £125 for the seller's costs and offered £375, maybe £350 if I was feeling cheeky. I have no idea whether the seller would have accepted this, but at least he'd have understood why I offered that and hopefully have countered with something that he would have been happy with.

sue20

1,092 posts

148 months

Wednesday 22nd April 2015
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£200 is very generous for that plate.