If you’re the proud owner of a private number plate, you may be wondering how to go about selling it. Selling a private number plate can be a bit tricky, but with the right strategy and approach, you can sell it quickly and for a good price. In this guide, we will walk you through the process of selling your private number plate and give you some tips on how to get the best deal possible. Let’s get started!
Valuing your private number plate
The first step is to find out the value of your number plate. You can do this by visiting the DVLA website and using their valuation tool. Once you have an idea of how much your number plate is worth, you can start marketing it to potential buyers.
Marketing your private number plate
There are a few different ways to market your private number plate. One way is to list it on an online marketplace such as eBay. Another option is to use a specialist number plate selling website such as National Numbers who can help you gain the best possible price.
When you list your number plate for sale, make sure to include clear and accurate photos, as well as a detailed description of the plate. You should also set a realistic asking price that reflects the value of the plate.
Once you’ve found a buyer for your private number plate, it’s time to complete the sale. The first thing you’ll need to do is transfer the registration from your name to the buyer’s. This can be done online through the DVLA website.
Once the registration has been transferred, you’ll need to send the buyer the V750 certificate of entitlement. This document proves that the buyer is the new owner of the number plate and allows them to put it on their vehicle.
Do number plates go up in value?
Private number plates can go up in value over time, but this isn’t guaranteed. The best way to ensure that your plate retains its value is to choose a plate that is personalised and unique.
Are private number plates an investment?
Private number plates can be a good investment, especially if the combination of number and letters is unique. If you’re thinking about buying a private number plate as an investment, we recommend doing your research and speaking to an expert before making any decisions.
We hope this guide has been helpful. If you need help buying or selling a private number plate, contact National Numbers today.