Selling Number Plates - A Guide
Posted by Goody on 04/12/08 in Automotive
Anyone who has sold (or tried to sell) a number plate will know that you have are 3 main options when selling a number plate. You can either
- Sell ‘on commission’ through a dealer or
- Sell directly to a dealer or
- Sell independently
Selling a number plate on commission:
Usually, there are no advertising fees when you sell through a dealer. Dealers will charge a commission fee on selling your number plate. This can be up to 60% of the advertised retail price. For instance, when a number plate is for advertised sale at around £1000, up to £600 could be dealer commission fees. For higher priced number plates, fees may come down to around 12%, which will still add up to £1000’s.
Sometimes dealers charge a fee for a ‘sponsored listing’ to make sure your number plate appears at the top of the search list for selected word(s).
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