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selling a private plate


cuzzy
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A lot of plates only mean anything to the actual owner, things like initials etc. I have a plate that is unrecognisable to any casual viewer but is THE plate I wanted and those that know me, know why. It cost 500 quid and i expect it would be worth nothing if I sold it but it's value to me is priceless (my dad bought it for me before he died to commemorate an achievement).

 

If lucky someone with those initials that S11 means something to might buy it???

 

I wanted F15 TER lol

 

Yes I understand that but to go out of your way to try and sell a reg number means you think it means something to enough people to ensure a sale ?!

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last owner was MIKE SMITH so it must of been as close to SMITH as he could get website said they would sell it for me and i would get £400 back but could take forever but don't know if i could be bothered with the hassle putting it on ebay

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last owner was MIKE SMITH so it must of been as close to SMITH as he could get website said they would sell it for me and i would get £400 back but could take forever but don't know if i could be bothered with the hassle putting it on ebay

 

Please accept this is no criticism of you or your wish to sell this on but wow if the previous owner thought anyone would get it, I'm surprised it impressed him enough to shell out on the transfer money etc. Plates have a simple rule, they have to have as few numbers as possible with initials such as 12MSF or 150JB or spell out a witty message or a surname in a discernible way.

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Several ways to sell a private place. Firstly ideally you need to transfer the plate off onto a retention certificate. DVLA will give the car an age related plate - usually the original plate it was issued with when it was registered. This costs you £120 if i remember rightly. You can then allocate it to another car or keep it on the certificate for a year after which you fork out £25 a year to renew it. You can, I believe, transfer the plate directly from one car to another without using the retention certificate approach, but most people recommend the retention certificate as the easiest way.

 

There are places like the regtransfers company you mention who will simply act as a broker. They will advertise your plate on their list of plates and if it sells then take a cut. This can take years and years. I tried it once before with one of my private plates and ended up just letting my retention certificate expire rather than keep forking out £25 a year to renew it.

 

Or, most people I know just stick the plate on ebay and see what it sells for. You`ll be surprised at who will buy it, but dont expect much money. A lot of plates you can get from DVLA directly for £250, so the 2nd hand value isnt much unless its something very special. My mate sold one a few months back for £120 which was something like A2 ABC with ABC being his initials. The guy who bought it didnt even have the same initials, just said he wanted a private plate!

 

One idea someone suggested to me in the past, is to find a local company who has the same initials as on your plate and approach them to see if they want to buy it.

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