Contrary to popular belief, many people sell their number plates for profit. Yes, you can sell your car plate number if you meet certain conditions. If your vehicle is registered in your name, you’re the legal owner of its number plate. As the legal owner, you’re free to sell your number plate for profit. Just show the certificate of entitlement or ownership and sell it to a reliable buyer. But, you can expect buyers to come out of nowhere. You’ll have to market and promote your car plate number in the market to attract buyers.
Selling the Number Plate to a Private Customer
Selling car plate numbers to private buyers is obviously more profitable. There are no middlemen, agents, or additional fees involved. But, sellers will have to perform more responsibilities. For starters, they’ll have to find websites to advertise their plate numbers. There are many auction sites and sites that sell second-hand goods where sellers can advertise their car plate numbers. Advertising may cost 10% to 20% of the sale value. By selling car plate numbers privately, the sellers gain a lot of control. They can decide which platforms they advertise on and how much fees they command. If their offers are seen by several number plate buyers, they can score huge profits on their number plates.
Working with Number Plate Dealers
Selling car plate numbers [ขาย เลข ทะเบียน รถ, which is the term in Thai] via middlemen is much easier. There are several number plate dealers in the market. These dealers serve as middlemen between number plate buyers and sellers. They have dedicated websites and online platforms about number plates. People in the search for second-hand car plate numbers often frequent their platforms. Thus, they’re far likelier to record quick sales compared to sellers with no experience. However, these dealers will charge commissions on all final sales.
