How to sell a number plate
Once you have established the value of your number plate and whether you are entitled to actually sell the number plate- you need to advertise and get the word out to as many people as possible.
Where to advertise number plates
Number plate dealers are a good place to start- list with as many of them as possible for free- but beware that the asking price for your number plate will differ from dealer to dealer as each dealer will add a different commission to the deal.
Why advertise numberplates privately
Numberplate classifieds
Advertising with a number plate listings website such as Smashing Plates will give you control over things- if you sell your plate in this manner you will conduct the transfer and do the deal- ultimately selling the plate directly to the buyer means you should get more for your number plate.
Negotiating the price
Once you’ve found a buyer you need to agree on the price; remember to hold strong and hopefully you will already have a buffer in the asking price for your number plate to allow for any deals.
To get an idea of your plate’s asking price- why not get a number plate valuation.
Closing the deal
Once you have settled on a price its time to complete the transaction. With the money safely received in the form of a bank transfer or bankers draft- you need to transfer the number plate.
Transferring the plate
With the transfer complete the number plate is no longer your property and the sale has concluded.
How to transfer a number plate
Can I transfer my number plate?
Tell the insurance company
If you have transferred a number plate from your vehicle and the registration number on your vehicle is now different- you must tell your insurance company.
Baffled by Jargon? Try our number plate glossary
© 2008 Smashing Plates | How to sell a number plate.
Type a word, your name, initials, anything into the box below