Selling a registration number - good/bad experiences?

Selling a registration number - good/bad experiences?

Author
Discussion

Benjaminpalma

Original Poster:

1,214 posts

183 months

Monday 2nd April 2012
quotequote all
I've just bought an old car, dating from 1955. It's number plate (MSU 707) is original, so I've decided to sell the registration.

I asked the first ten companies I found on Google for a valuation, but received all sorts of responses, from buying it now for 350, to selling it on my behalf with 1,000 net to me.

I've not done this before. Has anyone had any particularly good or bad experiences doing this? Can anyone recommend me a company? Seems like a business likely to attract all sorts of charlatans...

Cheers.

LeeThr

3,122 posts

172 months

Monday 2nd April 2012
quotequote all
Im in the middle of trying to do this myself. Bought a 206 GTi in december with a private plate on it. Not had much luck yet. Even tried sticking it on ebay to no joy :/ But I havent given up yet.

Benjaminpalma

Original Poster:

1,214 posts

183 months

Monday 2nd April 2012
quotequote all
FYI, it was Elite Registrations who offered to buy it - if you need money quickly.

xPOW

1,014 posts

164 months

Monday 2nd April 2012
quotequote all
it can take ages - I've had 4 or 5 plates for sale for many years and rarely get a sniff - and that's with 'relatively good' letters like POW. You could find a buyer in a month, but it could also take 10 years. I've never had any success with ebay for plates.

Try contacting Primo Reg as he tends to give a genuine appraisal on price and liklihood of sale.

Edited by xPOW on Monday 2nd April 15:44

Benjaminpalma

Original Poster:

1,214 posts

183 months

Monday 2nd April 2012
quotequote all
xPOW said:
it can take ages - I've had 4 or 5 plates for sale for many years and rarely get a sniff - and that's with 'relatively good' letters like POW. Yu could find a buyer in a month, but it could also take 10 years. I've never had any success with ebay for plates.

Try contacting Primo Reg as he tends to give a genuine appraisal on price and liklihood of sale.
Thanks. Hadn't come across them before. Just asked them for a valuation.

LeeThr

3,122 posts

172 months

Monday 2nd April 2012
quotequote all
Benjaminpalma said:
FYI, it was Elite Registrations who offered to buy it - if you need money quickly.
I tried them before but they just wanted to advertise the plate and only offered me £400 for it but I had to pay them £80 in fee's first. Or if I wanted them to cover the fees I would only get £230 if they sold it.

300bhp/ton

41,030 posts

191 months

Monday 2nd April 2012
quotequote all
I guess logic suggest two options:

1. If you aren't in a hurry find someone offering a good deal and high £££ rate (checking all the clauses). Give it a whirl for a month or two and see if you get anything.

2. If the above fails or you just want done with it, sod the email route, pick up the phone and have a phone around and find the highest offering you can in a couple of hours and take it.

MrReg

1,930 posts

223 months

Monday 2nd April 2012
quotequote all
Hi Guys,

Ben I've sent you an email back.

No dealer should ever charge you to advertise a plate. That's just plain wrong. We only make money when we sell it.

Thanks xPOW for the recommendation.

Any probs don't hesitate to PM me.

Cheers
P

sim16v

2,177 posts

202 months

Monday 2nd April 2012
quotequote all
I've sold a few over the years, but with the exception of two plates, they have all been advertised for a number of years!


MSU isn't a particularly valuable sequence, so i'd think it would be advertised for a long while, unless you were happy to sell it cheaply.

I had a four digit plate advertised for about 2 weeks and it sold and a cheapy Irish plate sold after a week on ebay.

But I just wanted the Irish plate off the car, so took £100 for it, plus the transfer fees.

I've had similar plates to yours advertised for 15 years plus!

Benjaminpalma

Original Poster:

1,214 posts

183 months

Monday 2nd April 2012
quotequote all
MrReg said:
Hi Guys,

Ben I've sent you an email back.

No dealer should ever charge you to advertise a plate. That's just plain wrong. We only make money when we sell it.

Thanks xPOW for the recommendation.

Any probs don't hesitate to PM me.

Cheers
P
Hi Peter

That was quick! Thanks for the email.

Ben

Sir Bagalot

6,481 posts

182 months

Monday 2nd April 2012
quotequote all
If you want to sell it put it on eBay with \a starting price of 99p. Make it clear that the buyer will have to pay £80 assignment fee and £25 to put it on a retention certificate.

I would say it was worth £350-500

k-ink

9,070 posts

180 months

Monday 2nd April 2012
quotequote all
Which is why you never want to spend more then a few hundred quid on a plate. You will never sell them, unless you give them away to a stealer. Total waste of time.

Benjaminpalma

Original Poster:

1,214 posts

183 months

Monday 2nd April 2012
quotequote all
k-ink said:
Which is why you never want to spend more then a few hundred quid on a plate. You will never sell them, unless you give them away to a stealer. Total waste of time.
I'd never spend one quid on one - just not my thing. My TVR's got a very good "TVR" plate which came with the car. I'm just waiting to put an MOT back on it so's I can sell it.

k-ink

9,070 posts

180 months

Monday 2nd April 2012
quotequote all
Also if you must have a plate make sure it can go on many different cars, ie: V6 something, V8 something, etc.

gazchap

1,523 posts

184 months

Monday 2nd April 2012
quotequote all
I've just sold GAZ 5855 on eBay for £360 on a 5 day auction, was pleasantly surprised that it sold given that others on eBay don't seem to shift (from looking at completed listings searches)

Started it at £174.99 with a Buy It Now of £400.

HON2A

446 posts

172 months

Monday 2nd April 2012
quotequote all
Ooooh, I'm just looking for a cheap dateless plate for the wife's new car ... pm sent

LeeThr

3,122 posts

172 months

Monday 2nd April 2012
quotequote all
HON2A said:
Ooooh, I'm just looking for a cheap dateless plate for the wife's new car ... pm sent
Make me an offer on K16 DEW if you want. wink

HON2A

446 posts

172 months

Monday 2nd April 2012
quotequote all
LeeThr said:
Make me an offer on K16 DEW if you want. wink
Sorry...

HON2A said:
cheap dateless plate
You might want to contact the person below, they'd love it!

http://th-th.facebook.com/people/Kib-Dew/100002896...

LeeThr

3,122 posts

172 months

Monday 2nd April 2012
quotequote all
It is dateless & as I said make me an offer, I dont know what your thinking of as cheap.

Benjaminpalma

Original Poster:

1,214 posts

183 months

Monday 2nd April 2012
quotequote all
HON2A said:
Ooooh, I'm just looking for a cheap dateless plate for the wife's new car ... pm sent
Thanks. PM sent back!