How long to sell a number plate?

Do number plates sell quickly?

This applies especially if there are many similar number plates for sale, and there's no reason to choose one over another. A good example of these is Irish number plates which are easily available. Although Irish number plates that make a shortened name like KAZ or GIL will fetch a better price, there are still plenty around keeping prices low compared to prefix number plates.

 

Our advice:

Compare your number plate with others for sale. And price yours competitively if you want a buyer to choose yours over another similar number plate for sale.

If you're suggesting your number plate makes a name or word, think about how well it matches the word (what we call the 'quality'). See How much is my number plate worth? for more detail.

 

This is different to price.

High 'quality' number plates will naturally attract a higher selling price. For instance a good number plate for a common name such as Mark or Sarah.

But there are fewer potential buyers with a budget of £1000's to buy a private number plate. So registration numbers that are in a higher price bracket, such as exclusive dateless no 1 registration numbers, will take longer to sell.

 

Our advice:

Price your number plate realistically - get professional advice on the value of the number plate. And be patient!

 

Some number plates will appeal to specific groups of people. What type of car is your number plate likely to be on? How much are those groups of people likely to spend on a personal number plate? Is it a large group of people, or a select small group? For instance, take a look at our Power and Speed number plates.

 

Our advice:

Look at similar types of number plates to help you decide on the asking price for your number plate.

 

Your number plate may appeal to more than one particular group. That will make it easier to sell.

For instance, a TVR number plate will appeal to a TVR owner. but a HOT number plate will appeal to a range of different people. So you're likely to sell your number plate more quickly.

  

There's a general preference for certain number plate styles, over others. In general, dateless registration numbers are by far the most desirable. Prefix number plates are also now becoming more sought after.