Owning a private number plate for your business in the UK is a great asset but there perhaps come a time when you intend to sell it – either to buy another one or to get a better price. On the other hand, selling anything of such big value you need to be extremely careful in this regard, especially on the asking price. You have to ensure that you visit at least 3 to 5 different dealers and get independent valuation from all of them.
On the other hand, you need to be aware of all those dealers who are out to make a sale and win your business and who perhaps only over estimate your number plates slightly higher than others in order to accomplish their objectives. A wise suggestion is that you investigate what the prevailing market trends are when it comes to valuing the private number plates. Moreover, any tell any of these dealers about a prior quite that you may have received from another dealer.
You must also be aware of the fact that in most of the cases, the private plate dealers usually operate just like antique dealers in that case they will offer you with their expert advice as to what the prevailing market and pricing trends are. Car dealers have the ability of tapping into their databases in order to find as well as tract the prevailing pricing trends and can find out what similar type of private plates for businesses have been valued in the past.
Many dealers such as The Private Plate Company have their own sites that offer you with pricing guides as you first apply with them. These are amazing places to check on the value of your number plate. Sadly, there are no official guidelines or central authority regarding prices so you are really at the mercy of prevailing market trends and the dealers who offer you with the best possible price.
So though there is not central authority to control the number plate prices, the Cherished Numbers Dealer Association will provide a certificate to the authentic dealers to prove it to their clients of their reliability and this certificate is usually taken very seriously by the HMRC professionals, accountancy and law firms and auto insurance companies.
If you are considering finding the best deals on the best UK based plates, it is vital that you visit the DVLA for more information.