Why You Shouldn’t Sell Your Private Number Plate On Ebay
Hello again number plate buyers and sellers.
Just wanted to let you guys know that we’ve recently updated our eBay fees page to reflect eBay’s newest charging structure, and thought it was worth a mention on our blog for those of you that may have missed it.
Essentially, eBay charge 10% of the sale price of any number plate, so in the example we’ve used, with a starting price of £1,000, and a reserve price of £1,500, you’ll pay an Insertation Fee of £0.35, and a Listing Upgrade Fee of £59.86 (for setting a reserve price). That’s £60.21 for listing the plate regardless of whether it sells or not.
If your registration plate did then sell, you would have to then pay eBay a final value fee of £199.87 (thats around 10% of the total selling price)!
We go into more detail on our eBay fees page, so if you’re interested in seeing how much selling on eBay could cost you and looking at some other cheaper ways to sell, we suggest you head over to our eBay fees page. You can even calculate what your selling fees may be using eBay’s very own fee calculator, but make sure you’re sitting down before you do, we wouldn’t want to be responsible for you passing out and injuring yourself out of shock!
That’s it, a nice short and sweet post, we just wanted to draw your attention to the amount it could cost you if you sell your private number plate on eBay.
October 04, 2014
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