An unexpected boon awaited a car owner who availed himself of Platehunter’s complimentary online private number plate valuation service, walking away with £9,000 more than anticipated.
Originally intending to secure £5,000, the vehicle owner approached Platehunter, a prominent private number plate dealer, for a valuation of his plate. To his astonishment, the plate’s worth was assessed at nearly double his initial estimate, eventually fetching £14,000, a sale finalised within merely a week.
This financial windfall represented pure profit for the owner, who had fortuitously acquired the private registration plate upon purchasing a Jaguar XK140 back in 1950.
Jon Kirkbright, Sales Director at Platehunter, brings over a decade of expertise in the motor industry, specialising in the procurement and sale of registration plates. Reflecting on the lucrative transaction, he remarked,“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 stands by the assertion that investing in private registration plates often yields substantial returns, a belief corroborated by this profitable deal. He noted, “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.”
Many are oblivious to this appreciative value and end up underselling their plates, often at their purchase price, even after several years. This realisation underlines the significance of Platehunter’s free valuation service, aimed at ensuring clients receive optimal value for their plates.
Securing a quote is a hassle-free process: customers need only input their registration number and contact details on Platehunter’s website to receive an expert valuation. If they wish to proceed with the sale at the agreed price, Platehunter offers free advertisement of the plate on their platform, managing the transaction and requisite paperwork, thereby alleviating the seller’s burden.
Jon, boasting extensive industry knowledge, encourages all potential sellers to avail themselves of a free valuation before selling their private plates, and emphasises the proficiency and customer-centric approach of his team in ensuring smooth, stress-free transactions for both buyers and sellers.
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.
