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, eBay's 'Final Value Fee' being around 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 were to advertise your plate with more than one dealer, you'd find that they all 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 low-cost advertising fee and allows your number plate to remain on our website until it sells, with unlimited free updates in case 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 an investment in protecting your number plates true value, and you won't get stung with any commission, hidden costs or fees.
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 thousands of potential buyer that visit us every week, straight away!
Number plate dealers advertise your 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, instantaneously with no extra charges.
Every month we invest thousands of pounds into advertising and marketing across search engines, social networks and on search engine optimisation (SEO). This drives thousands of visitors to the Plate Trader website every single week.
By advertising with us and paying a small monthly/annual fee, you are effectively buying into that promotion at a fraction of what it would cost you to do it yourself.