Selling DVLA Personalized Registrations

Those persons who are willing to sell their personalized number plates contact a dealer or have a direct approach to a dealer to get a quote. Quotation lines are necessary to be for selling a cherished or personalized number plate. Some of the dealers offer nominated quotes line at a premium rate while some don’t.

Website of an organization named National Numbers has a facility for free instant number plate valuation. The organization has many years of experience (almost about 30 years), and it generates computerized quote based on the statics of their database records. The free valuation sometimes does not give satisfactory results, as it is a computer generated result. Some of the special words or names are not recognized by the system, so it may generate wrong results. National Numbers also provides an expert guidance for the number plates on 09057 570011. Using free instant valuation will ask for your registration number and your contact details and also you will receive an opportunity to retrieve the valuation which will be sent by National Numbers via e-mail. This will provide you with the facility of viewing your registration as well as adjusting the value of registration either up or down. After making final decision for selling your registration number, further process will be continued when you mail back to the authorized department for further procedures.

After this process, dealers will advertise your registration, of course after adding their commissions and the quote which you will receive is usually the money that is to be returned to you after finding a buyer. The buyers will pay all the necessary fees which includes DVLA fee, cost of replacement mark and other costs related to number plates. When a buyer is found, a deal is made along with written confirmation and you (i.e., the seller) will receive its notification.

After all these processes get completed, dealer will ask you for the following details:

• V5C registration certificate (logbook)
• Current MOT
• Photocopy of your current tax disc.
OR
• Your retention certificate. (a certificate that is issued if the vehicle does not have its tax records or it is not an insured vehicle)

The fund transactions should be clear between dealers and buyers before handing over the number plate. The seller will then receive the full details of transactions along with the payment.

After these processes have been carried out, the dealers should confirm the purchase in writing, with the buyers also. They ask for security deposits for the chosen number plate, with the necessary documentation. Usually the deposit amount is nearly around 10% but not more than that. This security deposit can be refunded back if in case the transaction does not proceed for the selected number plate.

All these processes are done by a trustful dealer and so it is necessary to allow the dealers to handle everything. Let the dealers organize everything- which a particular seller and buyer pay to them. Dealers should be allowed to handle each and every task related to DVLA number plates for sale.

Author’s Bio: Peter, a DVLA number plate dealer, tried to brief out the process that are involved with buying and selling of DVLA number plates. He is having a good experience in dealing with cherished number plates.