Thursday, September 22, 2011

How much is my car's dateless registration number worth ?

I've got an early 90s Volvo 900 series, top of the range Estate - just passed it MOT with nothing needed - as it does every year - done 170,000 miles. May keep it for 2 or 3 years - worth nothing I know - but I'm not in the market from some 拢8000 import from the far east under the scrappage scheme - plus a 拢8,000 new car will cost me at least 拢5,000 in depreciation over 3 years - the Volvo will cost nothing. And a new Top of the Range Volvo would cost 拢25,000. Also my old volvo keeps my local garage in work {well not much, as passes the MoT, change oil, breaks, plugs , filters myself} and not some suit in a car showroom or a bloke on a car assembly lime in Malaysia.



When the day comes that I do get shut of it, what should I do with the Reg number ? Its on a date-less plate WIB followed by 4 Numbers. I still have a record of the K plate reg that it had when new - at some time in the 1990s this was swapped from the WIB plate - is it worth trying to sell the plate and putting the old Volvo back on a K plate ?How much is my car's dateless registration number worth ?
I really do not have sufficient knowledge of the procedure for registering cars and changing license plate in the United Kingdom to be able to help you a lot. I could, howver, add a few comments.



A Volvo is considered to be an excellent car, having many features of expensive cars such as the BMW but being more affordable to most consumers. It is noted for requiring much less maintenance than are many other models of cars. As well, if you have to do repairs inside the motor, you have more space within which to work than you would have in a smaller car imported from the far east. A car from the early 90s would have little retail value; however, its actual value would be much higher. I think that selling it would be a foolish manoeuvre.



The registration number goes with the vehicle in Canada. If you sell the car, the vehicle's certificate of registration and certificate of identification must be handed over with the car to the person who buys it. If your car is scrapped the number and the pieces of paper can be retained but they would be useless to you other than for the retrieval of pertinent information. They would not have any monetary value, but they might come in handy for legal purposes if your possession of the car should ever become a matter before the courts of law. You can, in Canada, change your license plates and request a new license number. If you change cars, you are allowed to switch the license plates from the old vehicle to the new car for a fee along with some paperwork at the vehicle registration office. The procedure probably would be much the same in other countries. I am not sure what you mean by the terms ';WIB'; and ';K plate';. Maybe you could calculate the transaction fee plus or minus the cost of the K plates and the trade in value of the WIB plate.



I am sorry if my advice is ';amateurish';. I just felt sorry for you because nobody had answered your question up to now. :D I would advise you to hold onto the certificate of registration and the vehicle identification certificate if you do not sell the car just in case.



If you drop a ';spanner'; into the motor of a smaller imported car it can cause you a lot of problems. haha



UPDATE



Would the car's registration number, regardless of whether it is a K plate or a WIB plate, not be unique to that particular car and therefore useless to anybody else? Regardless of whether your car has a dateless licence plate, the make, model, age and general condition would written all over the car in terms of its appearance and performance.

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