Guide - Why sell number plates privately?
Until recently, selling a number plate has been quite a minefield and we know from experience that it has proven quite difficult, with dealers ruling the marketplace and being the only real solution. Now though, many sellers are looking to sell their number plates themselves privately to bypass the dealers and their commission, and a lot are choosing eBay to do so. However, with the increase in eBay's 'Final Value Fee' to 10% of your number plates selling price, this is no longer proving cost-effective, for sellers, and it is for that reason that we set up Plate-Trader, to offer a low cost alternative to dealers and auction sites. In this guide, we look at some of the many advantages of selling privately.
Save time & money
Selling your number plate with a dealer means the addition of their commission which will inflate the asking price of your number plate and could limit or even discourage potential purchasers.
If you contact, or are contacted by more than one dealer, and you list your number plate via them, you will find that different dealers have different commission & pricing structures, meaning the asking price for your number plate will vary from dealer to dealer, which could again possibly put off a potential purchaser.
Advertising with Plate-Trader involves a one-off, low cost advertising fee and allows your number plate to remain on our website until it sells, with unlimited free updates incase you need to make any changes to your number plates price etc.
Keep 100% of your plates selling price
When selling privately and not through a third-party or dealer it's possible to "cut out the middleman" and negotiate a better deal.
Number plate dealers act as a middleman between yourself and a buyer, and negotiate on your behalf. As such they may not have your best interests at heart, possibly even pushing for a sale at a lower price just to make a sale and earn a commission.
Don't pay dealer commission, advertising via Plate-Trader is a one-off investment to advertise your number plate, with no hidden costs or fees.
Deal direct
Dealing directly with potential buyers instead of a going through dealers means both parties know the price of the plate, and where that money is going, rather than having an unknown percentage being swallowed up in commission.
Plate-Trader can have your advert live in minutes - meaning you reach the ever growing number of visitors to Plate-Trader straight away.
Take control
Number plate dealers advertise your number plate on your behalf, they can even suggest or insist on the asking price.
Advertising with Plate-Trader allows you to upload pictures, change the asking price and add or alter keywords, instntaneously with no extra charges.
Get seen
Advanced search engine optimisation (SEO) and online and offline marketing and promotion, means that every day more and more visitors are reaching the Plate-Trader website from search results, advertisements, referrals and forums.
To get more information on selling your number plate via Plate-Trader, visit our sell your number plate page.