Plate values on classics ?

Author
Discussion

J4CKO

Original Poster:

42,824 posts

207 months

Thursday 22nd August
quotequote all
Have been tasked with selling a Frogeye for my brother in law.

Car has been stood for decades in a dry garage, we got it running but it needs some recommissioning.

However, not sure how to price it, car is maybe 4/5 grand but it has a decent 3 number 3 letter reg plate, I got a valuation on that from a private plate dealer and its sort of three grand ish.

There is nothing to suggest that the plate isnt removable, i.e in the notes on the V5.

So what do people do in these situations ?

GoodOlBoy

583 posts

110 months

Thursday 22nd August
quotequote all
A realistic selling price for a "cherished" plate is usually less than 50% of the valuation from a cherished number dealer.

Personally I'd stick the car on an online auction and take what you get.

Ambleton

6,943 posts

199 months

Thursday 22nd August
quotequote all
Plate valuations given by the big dealers are generally bks.

A 3x3 will be sub £1500 I'd have thought unless it's something like 816 BEN or similar.

To remove a plate from a classic it needs to be MOTd. This is for the exact reason of people buying ancient cars that have been dead for years and just stripping them off valuable plates.

https://www.gov.uk/personalised-vehicle-registrati...

Cars with their original plates are also slightly more desirable I think.

For the effort of getting the plate off it to sell, in this case i think, the juice ain't worth the squeeze.

Edited by Ambleton on Thursday 22 August 21:40

J4CKO

Original Poster:

42,824 posts

207 months

Thursday 22nd August
quotequote all
Right, makes sense. Will mention it in the advert but include it in the sale I think seeing the inflated values makes you think its worth more than it would actually sell for and all that arsing about to remove it, like you say, not worth the effort.


Bobupndown

2,147 posts

50 months

Sunday 25th August
quotequote all
The plate is only sellable to someone who really wants it, ie. matches their initials, short name Bob, Amy etc. Other than that I don't see why it would be particularly valuable to go to the bother of removing it from the car. My pet hate is classics robbed of their original reg, mine included although mine had a period correct A suffix which is the right year of issue for my '63 Mini.