Remember Me
forgot your password?

The second sealed bid sale of personalised number plates in the UK

Today, the second sealed bid sale of personalised car number plates is due to end. The event is being reported as a great success with thousands of hand picked registration numbers on sale. The sale is due to end by the end of today and all bidders will be informed if they have been successful in obtaining a valued number plate shortly after the close of the auction.  

This will not be the last sealed bid process auction from the DVLA and the number of number plates on offer will continue to grow at every subsequent online auction. Using the internet for auction is a common practice today with websites like Ebay leading the way in the last five years by getting people use to bidding online. Sellers can use the internet to reduce cost and overheads and buyers do not have to travel to purchase the number plate they want.  The next test will be how online and traditional auctions compare and which is more profitable? I still believe the short term future of the standard auction is very strong and will continue to receive strong support. A reason behind this is the DVLA try to make the auctions an enjoyable experience and as friendly as possible to attract new buyers.  

When looking for an auction service provided by a number plate provider you should look for companies that do not charge a percentage related fee. Instead you should only consider companies who only charge if successfully in purchasing the car registration and operate using a fixed bidding fee.

The Future of Traditional Auctions:

 The future could be very different with the use of video and faster Broadband live web auctions could become common. Here bidders could interact with the auctioneer via a click of a button, and  see a live auction via a video uplink to the auction room. The next stage would be to allow bidding using the same process of live video uplink.  

Traditional DVLA auctions, even though sometimes in random locations still attract a higher level of bidders from the UK and around the world and therefore sell the more prestige number plates. There are many number plate providers that also provide an auction service where they will act on your behalf to obtain your number plate if you cannot make the auction yourself.

Unlike standard DVLA Number Plate Auctions potential new bidders of car registrations have been asked to register first on the website before making their bid. The DVLA auction is a sealed bid process and invisible to other bidders. The reserve bid price is shown on the website and as long as you meet that reserve you are in with a chance of winning a personalised number plate. However, I would recommend that you bid more then a penny over the asking price to stand a chance of buying the number plate. For there are some highly desirable combination available including, 101 BK reserve price £1,600, L114 MAX reserve price £300 andYUL 1A reserve price £700.

DVLA Number plate auctions are here to stay and are a great opportunity to get some brilliant combinations, but they will never in my opinion beat the traditional auction for the high value number plates.

Jayne Henry

Jayne Henry of Speedy Registrations Ltd - speedyreg.co.uk. Speedy Registrations have been supplying number plates to the public since 1984. Based in Northern Ireland we also specialise in Irish number plates. They aim to provide a choice of personalised number plates to meet all requirements. For interviews, quotes, images or comments contact: Jayne Henry Tel(DDI): 02866 387 124 E-mail: sales@speedyreg.co.uk

Rate this Article: 0 / 5 stars - 0 vote(s)
Print Email Re-Publish

Add new Comment



Captcha

  • Latest Automotive Articles
  • More from Jayne Henry

Beginners Guide For Remote Control Trucks

By: Chris Azzari | 26/11/2009
You've been giving some serious thought about dabbling with remote control vehicles as a hobby and your attention is pretty much focused on getting a beginner remote control truck. The only problem is this is your first time and you don't have a clue what to look for. Granted, the...

The Dreaded Traffic Jams

By: Brenda Williams | 26/11/2009
No one likes to sit in traffic jams. However, if you live anywhere near a metropolitan or city-type area, traffic jams aren't just inevitable; they seem to be part of your daily routine. Recently, I moved into a new apartment in a different town. Since moving, I...

Very Tiny Cars

By: Brenda Williams | 25/11/2009
The other day, I was driving on the highway and was passed by a yellow Smart Car. Approximately two to three minutes later, a blue Smart Car passed me. It seemed a little ridiculous to me, and I had to laugh. There I was, driving down the highway in my...

I Have Bad Credit and I Need a Legitimate Car Loan Online With No Down Payment!

By: Jason Lanier | 25/11/2009
Are you looking for legit auto financing with no down payment? This article can help you - read more...

Should I Get a Cold Air Intake

By: catherine preth | 25/11/2009
Tips for easy horsepower for your baller ride. Cruisin'!

Should I Get a Cold Air Intake

By: catherine preth | 25/11/2009
Tips for easy horsepower for your baller ride. Cruisin'!

Auto Membership Offers Benefits That Eases Daily Living

By: Adrianna Noton | 25/11/2009
Every year, our roads and highways are becoming more crowded with millions of vehicles. As well, many people are choosing to travel long distances by car. We no longer travel close to home, and work often involves road travel at all hours of the day and night. Our increasingly more...

Rear Sway Bar Installation Tips

By: Kasan Groupe | 25/11/2009
The rear sway bar on your car is one of the most important parts of the vehicle's suspension. Use these quick tips help you out if you are doing this install on your own vehicle.

The O Factor. Get a number plate you can be proud of

By: Jayne Henry | 13/11/2009 | Automotive
The last person to officially have the O factor was a mystery buyer. Paying a mere £87,853, they secured themselves the registration number plate 5 0 at the last auction held at Dormy House Hotel.

Number Plates for 2010

By: Jayne Henry | 03/11/2009 | Automotive
It is anticipated, with the end of the 0Xs and the start of the 1Xs number plates; demand for license plates showing the start of the new decade is expected to be immense with number plate enthusiasts and the wider public alike. The DVLA seems to be feeding this excitement by revealing the license plates on November 2nd, and then allowing people a month to find their favourite personalised number plate and let the enthusiasm build before they go on sale on December 1st 2009.

Think about your number plate and make the right decision

By: Jayne Henry | 22/10/2009 | Automotive
Sunderland and Newcastle. Tyne-side and Wear-side. Geordies and Mackems. They’ve never been the best of friends, but a man in Sunderland has decided that the grief he receives in Newcastle, over one of his most loved possessions, has become too much to bear.

Homophobic Number Plates Banned

By: Jayne Henry | 13/10/2009 | Automotive
The first week of October saw what is possibly a unique situation brought up for the Driving and Vehicle Licensing Agency. Not usually known for their risky nature or controversial stances outside of motoring legislation, the DVLA removed two license plates that were to be sold at an auction after a complaint from the gay rights charity Stonewall.

Car Sales Recovering from September 09

By: Jayne Henry | 07/10/2009 | Automotive
One of the signs of the recession to many was the declining sales of the new cars market. When people have less money, they tend to purchase cars second hand, and stick with the cars they already have for much longer. This has been backed up by car factories closing and showrooms finding it much harder to generate profits. This has remained true in the recent recession.

What Happens to Number Plates in 2010?

By: Jayne Henry | 25/09/2009 | Automotive
With the current system of creating number plates, i.e. basing two of the digits on the six month period in which the car is put on sale, there has been some confusion surrounding what happens in March of 2010……

New Measures Targeting Uninsured Drivers

By: Jayne Henry | 25/09/2009 | Automotive
On 16th September 2009 the Road Safety Minister, Paul Clark, confirmed that new plans were in the works that would attempt to lessen the number of uninsured drivers on the road.

Submit Your Articles Free: Signup
Article Categories




Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.23, 5, w2)