Selling a "chersished plate"

[whatnow]

I bought a scooter with a personal plate on and as it has no meaning to me, I made a few enquiries on the net and, subsequently had an offer.
I was offered £400. Thats the fiure I would receive, all transfer costs, including a new plate on my scoot were covered, and I would receive £400.
I asked for more, and was then offered £450. The guy at the company told me he has the buyer waiting, and has sent me the paperwork.
My realy question is how much commission will this company be adding on top?
Cheers

[Number 5]

What is the number?

[tim2100]

Does it matter? They have offered you a value for the plate that you are happy with. Only fair they get a decent commission. They have to earn a wage.

[whatnow]

Number 5 said:

What is the number?

R13 MOD

[whatnow]

tim2100 said:

Does it matter? They have offered you a value for the plate that you are happy with. Only fair they get a decent commission. They have to earn a wage.

I dont begrudge anyone earning a fair wage.
Just wondering if they are offering a fair price and whats their mark-up

[Number 5]

whatnow said:

R13 MOD

Snap their hands off, thats a good bid!

[VX Foxy]

Bite their hand off...up to the shoulder ! Seriously.

[Gretchen]

whatnow said:

Number 5 said:

What is the number?

R13 MOD

Take the money.

[Jem0911]

Gretchen said:

Take the money.

This I would value that plate at less.
Will be butchered to RB MOD

[whatnow]

Wow, thanks for all the quick replies!
Really helpful, and I'll take the offer.
Cheers all

[VX Foxy]

What's the betting that this 'offer' turns out to be a "we'll advertise it for you" ?

[whatnow]

VX Foxy said:

What's the betting that this 'offer' turns out to be a "we'll advertise it for you" ?

I've had the contract through saying they have a buyer. All I need to do is sign and return it. Apparently??

[Number 5]

I dont want to offend you but the plate is realistically worth about as much as it would cost to transfer it (on a very good day) hence the reason the previous keeper did not bother retaining it. But i hope you get the £450 for it as that would be a real bonus, a bit like the tax rebate i got through the post unexpectedly this morning!

[Ari]

whatnow said:

I've had the contract through saying they have a buyer. All I need to do is sign and return it. Apparently??

[i]Dear Mr. Whatnow. I'm sorry to inform you that our buyer has pulled out of the purchase of your number plate.

However we will continue to market the plate for you in the hope of securing another buyer in due course. [/i]

Or am I just a cynic?

Best of luck, and let us know how it turns out.

(And why doesn't formatting work on this site anymore!? )

[VX Foxy]

whatnow said:

I've had the contract through saying they have a buyer. All I need to do is sign and return it. Apparently??

Let us know what the contract says!

[Ari]

So, what happened?

[Pug 1]

Welcome to the the world of flogging personal numbers, a blind transation to beat them all . I have sold plates for many thousands of pounds. Simple really, irrespective of the sale price from the dealer to the purchaser, are you happy with the return, if so, sell, if not dont sell. Good Luck

[Phil Dicky]

Just check whos paying the retention fee..currently £125 i recall.

[Gretchen]

Phil Dicky said:

Just check whos paying the retention fee..currently £125 i recall.

It's £105 maximum. £80 of which is the transfer fee, £25 the retention fee. I have a plate on retention, the transfer fee was paid upon purchase from the DVLA, the retention fee due in February will be £25.

[Hot1]

Interesting topic , I have a nice personalised plate on my TVR that would appeal to another TVR owner, I was offered £1250, but I wondered how easy it would be to sell privately and how much more money I could potentially get for it!