Selling bike with private reg

[grant965]

Hi all, bike has a private reg worth 750-800, should I sell with the bike and make a few extra £000s or split, how does it work? How easy? How long?
Thanks, Grant
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Ex bikes: 05 Suzuki En 125, '98 Yamaha Thundercat, '08 Honda cbr125, '05 Kawasaki z750, '03 Triumph Daytona 600, '91 Kawasaki ex250, '03 Hyosung Comet 125
Current Bike: '02 Suzuki TL1000R

[reed]

If you bought it with the private reg already on the bike then you can still take it off, but you need to get a new registration for the bike, which will be made up by the DVLA, unless you know the previous registration, and it is still available.

You have to fill in some forms that are freely available from the DVLA.

Although this may all be wrong so meh.

Also I'd recommend ringing the DVLA, as my boss found out when he tried taking his private plate off, that the way in which it is done has changed, however the Gov site has not been updated. (As of about 3 weeks ago.)
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Generic XOR 50, Gilera SMT 50, GSXR 400 GK73A, Ducati Monster 600, Honda Hornet 600.
Sold. Stolen. Written off. Sold. Current.

[-Matt-]

Take it off and sell it seperately the new buyer won't factor in the value - and if its anything slightly rare which i imagine it is valued at 700-800 you will possibly get more than you expect if you hold it for some time and drop it in a few auctions - don't sell to the stupid 'plate sites' they rip you off majorly 95 percent of the time, take your time and find someone that wants it.

Last time i checked its an 80 quid reassignment fee then the DVLA will assign a suitable random reg for your bike - all this will be shown on the MOT history for any new buyers so its clear the bikes not been cloned etc.

Be aware though should you keep it 'on certificate' more than a year you have to start paying an annual retention charge which is something around 140 pound i think so it can actually be cheaper sometimes to for example reassign it to another vehicle like your car if you're unlikely to sell it for a year, then revert it back to certificate when you find a buyer.

That of course can only be done if the private reg doesn't make the 'holding' vehicle look younger than it is. I.e you can't put a 61 reg on a 2001 vehicle making it look 10 years newer than it is.

[m3-paul]

You will have to go to a DVLA office and get it put on retention. Costs around £105 from memory. They will then assign a new or original plate to the bike. This isn't instant. Normally one to two week turnaround.

If you do keep the plate then every year if it has not been put on to a vehicle then to keep entitlement to use that plate it is a £25 annual charge though you can pay for two or three years in advance at either £50 or £75. The DVLA certainly have this as a money spinner
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Yamaha TZR250 - love the smell of TTS!!!!
CBR900RR Fireblade - so much fun

[-Matt-]

Gone up a fair bit sadly

Just had a look
One year: £105
Two years: £130
Three years: £155

Not as bad as i thought but still if you aren't in a rush/likely to sell for a few years probably cheaper to reassign to a vehicle, 80 quid to assign and 80 to unassign so same as 3 years, anything beyond would make it a cheaper option.

[m3-paul]

[woodall57]

what is it?


m2sxy lol
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cbt:4/7/12 theory:16/7/12 module 1:12/8/12 module 2: ?

[-Matt-]

Ah my bad. So its more of a yearly 'top up' on the retention. Is there no 80 quid transfer fee once on certificate then? Thats a fairly okay price overall if so to be honest might put mine on a retention also.

[Nexus Icon]

[t121anf]

Retention fee includes the transfer fee and one year holding fee, £25 per year to keep on retention no loss to transfer fee.