How to Sell Your Private Number Plate Quickly

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How to sell your private number plate quickly
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• Before we start, let us make one thing clear
  unfortunately, it is not possible to sell your
  number plate to the DVLA.

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Introduction

• If youre looking to sell your number plate
  quickly and for instant cash, there are a number
  of options.
• We will discuss these options in this
  presentation.

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Approach a dealer and ask if theyll buy it into
stock

• Some dealers buy private plates into stock, which
  they will then look to sell on at a profit. When
  a dealer purchases a plate they are tying up
  capital and they are taking a risk on timescales
  to sell at a profit. Some dealers are reluctant
  to buy unless the balance of risk and reward is
  in their favor.
• Any that do offer you cash for your plate, will
  offer you significantly less than the market
  value of the plate. This is understandable as
  theyre taking a risk and they need to return a
  profit.

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Advertise with as many dealers as possible

• Even if dealers dont want to buy your plate into
  stock, theyll still be happy to market it for
  you at no cost and sell it on a commission basis.
  The buyer will pay their commission.
• If you want a lot of exposure, wed recommend
  registering your number plate for sale with as
  many dealers as possible. This will ensure your
  plate is seen by the majority of people who are
  actively looking to buy a number plate.

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List it on eBay with a low bid starting price

• Listing your plate on eBay with a really low
  starting price provides you with further exposure
  to the market. This can be a high risk strategy
  but it can achieve a quick sale if you dont mind
  selling it for less than its real market value.

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List it on as many free websites as possible

• There are several free listing websites where you
  can advertise at no cost. It is worth considering
  Facebook Market Place and Gumtree, but these tend
  to focus on local markets in your area.
• A further downside of these media portals is that
  they dont have a dedicated number plate sales
  category, and the audience is not going to be
  targeted so the chances of finding a buyer are
  slim.

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Conclusion

• We hope this guide has given you some useful
  ideas on how to sell your private number plate
  quickly!
• We certainly hope you have found it useful
  although we would always recommend you marketing
  with a dealer in order to achieve the best price.

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Created By

• www.premier-plates.co.uk