Sell number plates
While having the personalized and private number plates may be real fun, at times, the owners of the registration plates might even need to sell them. However, there are various different reasons why an owner of number plate wishes to sell them. There are many websites that telling the truth about this aspect, if you are interested then you can go online and check. Let us discuss them.
The number plate no more applies to you
If you have closed or sold the business and registration plate which is on the personal car promotes your business, so, this is the time when you should sell it.
Bo more personal attachment
If you have broken up with the girlfriend or with your boyfriend and the registration plate has a reference which is connected with both your names, so, it is the time when you should sell.
Cost of plate rises
Yes, it is an investment to have personalized number plates - they rise up in their value. It is also a right time to sell your number plate when you wish to get some quick cash.
Let us now discuss what are the 3 things that you should know while selling the number plate?
Ensure that basics are well in order
At times, it is seen that the owners get much thrilled about worth of the registration plate and they also decide to sell to find that they will not be able to keep. To sell the personalized plate, some of the basics that should be in order prior that you sell it. It consists:
If you are the registered owner of number plate?
For Personalized registration of number plates that are usually held on the vehicles, you should either be a registered keeper or you must have written the permission from other registered keeper to sell their registration. Many of the number plates are generally registered to car and while they are sold, the plate is even sold on. When you have the personalized number plates, you should be legal owner for selling this.
If you carry the certificate for retention of Number plate?
Usually, retention certificate is generally valid for about 12 months. After this, it should get renewed on yearly basis. You should also get named as a Grantee that owns this certificate, or even have received the written permission from Grantee for the purpose of registration.
Is your number plate transferable?
You must be able to check the documentation of registration to ensure that it is much transferable. Some of the registrations may also get marked to be 'non-transferable', that means you can't sell registration plate.
Finally, your vehicle which recently has your number plates must have the tax, insurance and should also be perfectly fit for the purpose of road or have the tax expiry in last 12 months and recently SORN, though there should not be the break in expiry of Road Tax and date SORN was even declared.