A vehicle owner has significantly boosted his earnings by a substantial £9,000, thanks to the utilisation of a cost-free private number plate valuation service online. Initially expecting just £5,000 for his registration plate, he approached Platehunter, a specialist in private number plate transactions, for an assessment.
The plate’s value was appraised at almost double the initial expectation. Consequently, Platehunter promptly secured a buyer and finalised a sale at £14,000 within a mere week. This transaction yielded pure profit for the car owner who acquired the plate incidentally with the purchase of a Jaguar XK140 back in 1950.
Jon Kirkbright, Sales Director at Platehunter, brings over a decade of proficiency in trading registration plates to the table. Commenting on the remarkable sale, he shared, “We were surprised that the customer was asking for so little for the registration plate, and we are delighted we were almost able to triple the price for him.”
Jon champions the acquisition of private plates as lucrative assets, often promising substantial returns, as evidenced by this transaction. “In my experience, I have found that private number plates should double in value every three to five years. This is why I say that buying a private plate is a lucrative investment opportunity. People are often looking for proof of increased value and good investment, and this is it. Some people may not be aware this is the case, and try to sell their plate for the same price they purchased it for many years ago – this is why we offer our free valuation service. We want customers to get the best price for their plates.” he explained.
Customers interested in a quote can visit Platehunter’s website and submit their registration and contact details to receive a professional valuation. If a decision to sell is made and a price is mutually agreed upon, Platehunter offers complimentary advertisement of the plate on their platform.
They manage the entire transaction process, minimising seller involvement and handling all administrative aspects, including transfer paperwork. “Our number plate valuations service is here to help you find the best price for your personalised private plates. We are professionals and we ensure that we take all the stress out of the transaction for both the seller and the buyer. This service includes handling the transfer paperwork and administration requirements.” Jon added.
Platehunter prides itself on leveraging extensive experience to advise clients on the nuances of private plate transactions, and Jon encourages all potential sellers to avail themselves of the free valuation service to maximise their returns.
For more information or help with purchasing a private number plate – or selling one – visit PlateHunter. Alternatively, you could follow and contact them on Instagram, Twitter or Facebook.
