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FAQs - Selling A Number Plate

When do I get paid?

There are different types of transfer and you will receive payment when appropriate evidence of the transfer completion becomes available: 

If your registration is being transferred from your vehicle to the purchaser’s vehicle, transfer completion is officially recognised when the DVLA has concluded the re-registration of your vehicle. Plate Master will release funds to you when a photocopy or high quality scan of your vehicle’s replacement registration document (v5 or logbook) is received from you.  

If your registration mark is held on a certificate, you will receive payment when the registration mark has been assigned to the purchaser’s vehicle and we receive evidence of this from the DVLA. 

Where the purchaser does not wish to transfer the registration number to a vehicle but prefers to hold on a certificate, payment will be made when Plate Master has received the modified certificate of entitlement (v750) or, if transferred off your vehicle, the retention certificate (v778). 

Please note: if applicable, you should not dispose of your vehicle until the transfer process is complete as the rights to the registration mark may be lost. I.e., transfer the registration mark then dispose of the vehicle. 

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