Private plates £££
Discussion
HI ive just recently decided to sell my car which has private plates on. the other night i thought id run them through a plate valuation site, well actually two of them. The first came back with an offer of £700 and that would be the final figure i would recieve all the sellers fees and leg work would be done by there website. I also entered my details on another site same deal these guys took alittle longer to get back to me but when they did they came back with a figure of £1750. can anyone give me some advice as to the sale of private plates of shed some light on up to vales of plates in general so i can get a rough idear of what the true value is? any info on private plate sales would be good to cheers are the values going up or down ?
I had a private plate selling company tell me that if I wanted to sell my plate (which I paid £500 for, albeit that was perhaps slightly underpriced) they could get me £25k. Er, no, I don't think you could. I haven't really trusted anything these outfits say since.
And your offer - is that for them to buy it from you, or for them to broker it and sit back and wait until someone comes along who wants it?
And your offer - is that for them to buy it from you, or for them to broker it and sit back and wait until someone comes along who wants it?
First up, it can take 3 weeks for your new V5 to come back from DVLA so get started soonest removing the plate from the car. Yes, I know the registration changes almost immediately, and yes I know the v5 isn't proof of ownership, but would you buy a car from someone who didn't have a V5?
As for the value, how long's a piece of string? And how desperate are you for the cash?
If not despaerate, put it with the higher £ guys for a while and see if there are any offers. Make sure the contract allows you to move elsewhere if they don't shift it. You can try the other guys later.
If you are desperate for cash, stick it on ebay with asuitable reserve.
The world is full of private plates so don't expect a rush....
As for the value, how long's a piece of string? And how desperate are you for the cash?
If not despaerate, put it with the higher £ guys for a while and see if there are any offers. Make sure the contract allows you to move elsewhere if they don't shift it. You can try the other guys later.
If you are desperate for cash, stick it on ebay with asuitable reserve.
The world is full of private plates so don't expect a rush....
The company doesn't buy the plates off you they just advertise them. It could take several years before someone is interested and buys them and until they do you won't receive a penny.
The cheaper you sell it for the quicker it might sell. However if it's nothing special and it's a pretty specific plate (especially to you) then it's probably worthless and won't sell at all. Something like A1 DAN will obviously sell fairly quickly but something like D56 JLT is pretty much worthless and impossible to sell on.
The cheaper you sell it for the quicker it might sell. However if it's nothing special and it's a pretty specific plate (especially to you) then it's probably worthless and won't sell at all. Something like A1 DAN will obviously sell fairly quickly but something like D56 JLT is pretty much worthless and impossible to sell on.
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