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Thread: Advice on Private Numberplate sale

  1. #1

    Advice on Private Numberplate sale

    I’m an executor for an estate and the deceased owned a numberplate ….. 1 SJ

    About a year ago we got three (wildly different) valuations for the probate forms. Now we have Probate and want to actually sell the plate.

    I’ve never had a private plate so don’t know anything about it save that the dealers probably have their parallels in the watch trade ….. so i need to be careful.

    Would an auction be the best and if so which.

    Advice welcomed


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  2. #2
    Master mr noble's Avatar
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    Numberplates seem to sell very well on this site.

    https://collectingcars.com/

    I’m assuming that one or more of the valuations was six figures? I’d say it could fetch that much on a good day. But as you say the prices of plates can vary massively when you’re into the 2/3/4 digit stuff.

    Could certainly be worth more than £50k.

    Give Collecting cars a call and see what they think.
    Last edited by mr noble; 28th July 2023 at 08:43.

  3. #3
    Master TKH's Avatar
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    Quote Originally Posted by dandanthewatchman View Post
    I’m an executor for an estate and the deceased owned a numberplate ….. 1 SJ

    About a year ago we got three (wildly different) valuations for the probate forms. Now we have Probate and want to actually sell the plate.

    I’ve never had a private plate so don’t know anything about it save that the dealers probably have their parallels in the watch trade ….. so i need to be careful.

    Would an auction be the best and if so which.

    Advice welcomed


    Sent from my iPhone using TZ-UK mobile app

    A very very nice plate and worth considerable money.

    Dealers will want SOR or bid humble money

    Collectingcars are getting good results for good plates and a successful auction will see payment managed and no sellers fees other than relatively small listing fee.

    https://collectingcars.com/buy/?refi...onCode%5D=true
    Last edited by TKH; 28th July 2023 at 08:30.

  4. #4
    Master TKH's Avatar
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    Great minds Mr Noble we were typing in synch

    And agreed probably north of 75k or on a good day £ xxxxxx

  5. #5
    Grand Master Der Amf's Avatar
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    I just scrolled through some of their recent completed plate sales. 1 UY went for £64,500, 1 LV for £130,000, and 1 GO for £138,000.
    Last edited by Der Amf; 28th July 2023 at 08:35.

  6. #6

    Advice on Private Numberplate sale

    Quote Originally Posted by Der Amf View Post
    I just scrolled through some of their recent completed plate sales. 1 UY went for £64,500, 1 LV for £130,000, and 1 GO for £138,000.
    Is the OP’s really 1 SJ?

    He said it was .. 1 SJ.
    Last edited by Kingstepper; 28th July 2023 at 09:05.

  7. #7
    Master
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    Sign up to the Suzuki Jimny forum and find someone with deep pockets.

  8. #8
    Master IAmATeaf's Avatar
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    Quote Originally Posted by Kingstepper View Post
    Is the OP’s really 1 SJ?

    He said it was .. 1 SJ.
    This, big diff between the 2

  9. #9
    Quote Originally Posted by IAmATeaf View Post
    This, big diff between the 2
    Great minds!

  10. #10

    Advice on Private Numberplate sale

    Quote Originally Posted by Kingstepper View Post
    Is the OP’s really 1 SJ?

    He said it was .. 1 SJ.
    Sorry I’m not sure the difference ….. it is 1 SJ

    Ir the digit 1 then a gap and two letters being SJ. I have the DVLA Certificate of Entitlement

    I’m acting in a professional capacity here and unfortunately nothing to do with my family

    The valuations were from £30k to £130k but that was when things were frothy a year ago



    Thanks for the advice so far

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  11. #11

    Advice on Private Numberplate sale

    Quote Originally Posted by dandanthewatchman View Post
    Sorry I’m not sure the difference ….. it is 1 SJ

    Ir the digit 1 then a gap and two letters being SJ. I have the DVLA Certificate of Entitlement

    I’m acting in a professional capacity here and unfortunately nothing to do with my family

    The valuations were from £30k to £130k but that was when things were frothy a year ago
    Some of us thought .. represented 2 (or more) letters.

  12. #12
    Quote Originally Posted by Kingstepper View Post
    Some of us thought .. represented 2 (or more) letters.
    Ah understood

    It’s the real deal

    The deceased was a real character. Never had the plate on a car albeit those are his initials

    I will contact Collectingcars


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  13. #13
    I read about https://www.carreg.co.uk/

    I have not used them but may be worthwhile contacting.

  14. #14
    Craftsman DONGinsler's Avatar
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    Curious, but what makes these plates so expensive. In Canada. For $310. You can order anything on a plate that fits and not obscene (though people try to get away with it)

    Not a number, but persons name was Grabber. Was OK'd, but then not

    2 to 8 characters (letters and/or numbers) as long as not taken

    I think some early numbered plates reserved for politicians

    On a UK site. 5 TVK is £6,362.50 Can't see why anyone would pay that much for that

    Statement saying These distinctive "cover plates" can be used to easily hide a vehicle's age

  15. #15
    Grand Master Der Amf's Avatar
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    Quote Originally Posted by DONGinsler View Post
    Curious, but what makes these plates so expensive.
    Market forces.

  16. #16
    Master
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    I am in a group on FB for plates, just one as they pretty much have the same membership. There is a vendor/trader/sponser from huddersfield i have used to swap retention certs round into my name. He will advise and sell on commission numbers for people. He is well regarded. I can get details for you if you want.

    He has a couple for sale for friends.

    This is a top number and will do good money, if you can keep it,it will do more later.

    A "1" with good initials will do well in any auction, Brightwells as mentioned,Mattewsons,East Anglia.
    Last edited by MCFastybloke; 30th July 2023 at 07:58.

  17. #17
    Grand Master oldoakknives's Avatar
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    Calling Saint-Just….
    Started out with nothing. Still have most of it left.

  18. #18
    A shame Steve Jobs is no longer alive!

  19. #19
    Master vagabond's Avatar
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    Quote Originally Posted by Der Amf View Post
    Market forces.
    The fact that the UK has a relatively strict and well enforced numberplate format (which dates a car), creates a market for plates that can be seen as is "dateless" or personalised.

  20. #20
    Master
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    Quite important here, do not under any circumstances send a full copy of the retention cert to anybody, with this it could be assigned by the third party and you would not see it again.

  21. #21
    Master
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    Quote Originally Posted by manganr View Post
    A shame Steve Jobs is no longer alive!
    I think he used to rent cars so no plates at all into 6 months to register them and swapped them every 6 months which I think has been changed now so couldn’t do this anymore

    Interesting just been looking into getting a plate myself after having a few which were related to a manufacturer etc but shocked at how they seem to be all over the place with prices now


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  22. #22
    Master M1011's Avatar
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    Quote Originally Posted by DONGinsler View Post
    Curious, but what makes these plates so expensive. In Canada. For $310. You can order anything on a plate that fits and not obscene (though people try to get away with it)

    Not a number, but persons name was Grabber. Was OK'd, but then not

    2 to 8 characters (letters and/or numbers) as long as not taken

    I think some early numbered plates reserved for politicians

    On a UK site. 5 TVK is £6,362.50 Can't see why anyone would pay that much for that

    Statement saying These distinctive "cover plates" can be used to easily hide a vehicle's age
    On assumption the plates are unique, presumably you can't "order anything" as most of the desirable options will be gone?

    You can buy plates cheap off the DVLA in the UK too, but the short ones are long gone (or auctioned) so you need to pay market rates for them.

    (I'm not saying any of this is sensible use of money of course!)

    Quote Originally Posted by vagabond View Post
    The fact that the UK has a relatively strict and well enforced numberplate format (which dates a car), creates a market for plates that can be seen as is "dateless" or personalised.
    Yea, I think it goes way beyond the dateless format though. Seems you roughly 10x the price for each character you remove when comparing 5-length (£500+) to 4-length (£5,000+) to 3-length (£50,000+) to 2-length (silly money).

  23. #23

    Advice on Private Numberplate sale

    Quote Originally Posted by MCFastybloke View Post
    Quite important here, do not under any circumstances send a full copy of the retention cert to anybody, with this it could be assigned by the third party and you would not see it again.
    Thanks for that tip. I spoke with the collectingcars.Com people on Friday re an auction. Was advising a very nice figure as a reserve but he did say he needed a full scan of the Certificate. Should that start alarm bells ringing ?


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  24. #24
    Grand Master Saint-Just's Avatar
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    Quote Originally Posted by oldoakknives View Post
    Calling Saint-Just….
    Thank you

    I’d claim it if it wasn’t so far out of my league
    'Against stupidity, the gods themselves struggle in vain' - Schiller.

  25. #25
    Grand Master Dave+63's Avatar
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    Quote Originally Posted by dandanthewatchman View Post
    Thanks for that tip. I spoke with the collectingcars.Com people on Friday re an auction. Was advising a very nice figure as a reserve but he did say he needed a full scan of the Certificate. Should that start alarm bells ringing ?


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    I don’t think so, as long as you have a communication trail in case it all goes wrong. Collectingcars.com are a reputable outfit so you should be ok.

    From their perspective, they need to be 100% confident that they are selling an actual number rather than a figment of dome messer’s imagination.

  26. #26
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    Quote Originally Posted by dandanthewatchman View Post
    Thanks for that tip. I spoke with the collectingcars.Com people on Friday re an auction. Was advising a very nice figure as a reserve but he did say he needed a full scan of the Certificate. Should that start alarm bells ringing ?


    Sent from my iPhone using TZ-UK mobile app


    Sorry, my post is quite inflamatory, i didnt mean it to be so all emcompassing, a legit entity whom you have good reason to trust, Collecting Cars would be one,if you were to send it to me say, i could assign it then retain it and a certificate would then be in my name. An legit company is a safe bet.

  27. #27
    Master
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    Just down the road from us there was a car - Toyota something or other - with the reg 9 C. About 3 months ago I noticed it had been removed and the car's original plte re-fitted. Out of curiosity I did a search and found that it is being advertised on PLATES4LESS website for;

    £ 545,546.35 including vat and transfer fee

  28. #28
    Master
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    I believe that the DVLA require the actual document to transfer, so sending a scan of it to collecting cars should be fine?

  29. #29
    Grand Master Dave+63's Avatar
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    Advice on Private Numberplate sale

    Quote Originally Posted by Pitfitter View Post
    I believe that the DVLA require the actual document to transfer, so sending a scan of it to collecting cars should be fine?
    Not true, the transfer can be done online with just the document number, I finally put my plate on my car a couple of weeks ago.

    Not a plate worth half a million I might add.

  30. #30
    Craftsman
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    My Mrs initials! If only it was 4 figures rather than 5 or 6!

  31. #31
    Master M1011's Avatar
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    Quote Originally Posted by Harry Smith View Post
    Just down the road from us there was a car - Toyota something or other - with the reg 9 C. About 3 months ago I noticed it had been removed and the car's original plte re-fitted. Out of curiosity I did a search and found that it is being advertised on PLATES4LESS website for;

    £ 545,546.35 including vat and transfer fee
    Blooming hell, tidy profit on that no doubt!

    With plates of that value I'd be stressed about leaving the car anywhere. If the car gets nicked I hear it's a PITA to get the reg back as have to be declared stolen for like 6 months or something like that, not to mention the insurer could have a claim to it if not specifically agreed otherwise so might end up having to write off the car to save the plate. Better to sell and buy a new house I think

  32. #32
    Nothing to worry about once the plate has been assigned to a vehicle you can transfer it or retain it easily usong the v5c ( log book) doc reference number . So if car gets stolen smashed up or taken by aliens you are pretty safe . The only time they want to inspect a car is if it has had a break in the car tax for some time or some suspicious circumstances .

  33. #33
    Master M1011's Avatar
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    Quote Originally Posted by mattleicester View Post
    Nothing to worry about once the plate has been assigned to a vehicle you can transfer it or retain it easily usong the v5c ( log book) doc reference number . So if car gets stolen smashed up or taken by aliens you are pretty safe . The only time they want to inspect a car is if it has had a break in the car tax for some time or some suspicious circumstances .
    I was a tad over pessimistic, but just checked the source and it does seem you're stuck holding it on certificate for 6 months if the car goes missing.

    "If you do not get your stolen car back, you must wait 6 months before you can transfer your private number plate from your retention certificate to another car and the transfer process must be conducted by post."
    https://www.regtransfers.co.uk/numbe...traight%20away

    There's also definitely some considerations in the case of a write off too which folk need to be aware of.
    https://www.theplatemarket.com/faq/w...ance%20company

  34. #34
    Always the one unusual situation . Mostly it is a simple operation and when some drunken fool wrote of my parked car a year back i transfered the plate before even lodging the claim as i knew what was coming .

  35. #35

    Advice on Private Numberplate sale

    Thanks for all the advice here. The plate will shortly be listed on collectingcars.Com. Let’s see how it pans out


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    Last edited by dandanthewatchman; 15th August 2023 at 19:12.

  36. #36
    Grand Master Der Amf's Avatar
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    Up for an hour, six bids, already at £35k

    https://collectingcars.com/plates/1-sj-number-plate

    Edit: Another hour, another 15k
    Last edited by Der Amf; 15th August 2023 at 18:24.

  37. #37
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    And a tidy premium to the auction house. I always think the premiums on high value sales, like paintings etc, seem extortionate!

  38. #38
    Quote Originally Posted by deepreddave View Post
    And a tidy premium to the auction house. I always think the premiums on high value sales, like paintings etc, seem extortionate!
    To be fair CC cap the buyers commission


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  39. #39
    I’ve also had a few dealers get in touch. Not all, but some right Arthur Daleys. For a bit of fun happy to take guesses as to what it will go for.


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  40. #40
    Quote Originally Posted by Der Amf View Post
    Up for an hour, six bids, already at £35k

    https://collectingcars.com/plates/1-sj-number-plate

    Edit: Another hour, another 15k
    Now £75k


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  41. #41
    Grand Master Der Amf's Avatar
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    "....the registration 1 SJ was acquired for £15,000 on the hammer, after being issued at auction in 1992...."

  42. #42

    Advice on Private Numberplate sale

    Quote Originally Posted by Der Amf View Post
    "....the registration 1 SJ was acquired for £15,000 on the hammer, after being issued at auction in 1992...."
    Yes. And the now deceased who bought it never put it on a car.


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  43. #43
    Grand Master GraniteQuarry's Avatar
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    It’s a very good number combo - guess will make £125k and will appear soon after in the trade at double that.

  44. #44
    I’m guessing £125k.


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  45. #45
    Just to add - this must be very exciting for the OP to watch the auction!


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  46. #46
    Craftsman
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    Quote Originally Posted by dandanthewatchman View Post
    Now £75k


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    Almost £84k now

  47. #47
    Quote Originally Posted by Steve B View Post
    Almost £84k now
    Action has slowed down but I guess it all happens in the last couple of hours


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  48. #48
    Quote Originally Posted by dandanthewatchman View Post
    Action has slowed down but I guess it all happens in the last couple of hours


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    Here’s hoping for you! It usually is that way with auctions.


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  49. #49
    Grand Master Der Amf's Avatar
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    After a cagey but not unproductive few days, the bidding has picked up the pace this morning, and it's now past 100k

  50. #50
    Master
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    All the action will kick in in the final 2 minutes ... we should have a sweepstake on the final fee ...

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