Seller's Terms & Conditions

Selling Your Registration to Us

Explanatory Notes

Elite Registrations offer the option to sell registration numbers on a commission basis, or may (at their discretion) make an offer to purchase the registration number directly into their own stock. These terms relate solely to our offers to purchase registration numbers into stock.

Hereafter, an offer to purchase a registration number directly into stock will be referred to as an Outright Offer.

The Offer to Purchase

Any Outright Offer to purchase a registration number made by Elite Registrations , are subject to these terms.

Where an Outright Offer has been made and is conditional to the purchase of another registration number (usually referred to as a Part-Exchange Agreement), the transactions will be dealt with as separate transactions and each will be subject to the relevant terms of business.

Where Elite Registrations makes an Outright Offer to purchase a registration number into stock, that offer will be subject to an expiry date. After the expiry date, Elite Registrations reserves the right to review its offer or not purchase that registration number.

Outright Offers to purchase are made in good faith, errors and omissions excepted.

All Outright Offers include the £80 transfer/assignment fee unless otherwise stated and are subject to the terms and conditions stated herein.

Elite Registrations cannot be held responsible for any loss of documents howsoever arising, nor can be held liable for any costs associated with applying for replacement / duplicate documents.

Registrations held on a vehicle

Where a registration number is held on vehicle, the seller undertakes to supply Elite Registrations with all required documentation. We will transfer the registration number from the vehicle onto a Retention Document (with Elite Registrations registered as the Grantee). We will pay the £80 transfer fee, and this fee will be deducted from the amount paid to the seller.

In the event that the Department for Transport require the donor vehicle to be inspected for a vehicle identity check, this will be at the seller's expense. If an inspection is called for, the Local VOSA centre will contact the registered keeper directly.

Registrations held on a Retention Document / Certificate of Entitlement

Where the registration number is already held on a valid and current Retention Document or Certificate of Entitlement, the seller will receive the full offer amount (which includes the £80 fee) assuming the document or certificate shows that the 'assignment fee has already been paid'.

Inclusion of the £80 fee is conditional that the Grantee/Purchaser (shown on the certificate) agrees to complete and sign all paperwork supplied by Elite Registrations to permit them to take control of the entitlement of the registration number. Where it is not possible for the paperwork to be completed (for example, where the Grantee/Purchaser is no longer resident within the UK), Elite Registrations may request that the registration is instead assigned to a vehicle. In such cases, the process described above for Registrations held on a vehicle should be followed.

Payment

Payment is made by Sterling cheque to the seller of the registration number upon successful completion of the paperwork by the Department for Transport. The seller is the person (or company) named on the offer acceptance form.

The Outright Offer amount does not include VAT. Where the seller of the registration number is VAT registered, they may submit to Elite Registrations a VAT invoice before completion of the transfer for the offer amount plus VAT. Where the amount to be paid includes the £80 Department for Transport transfer/assignment fee, it should be noted that this element is not subject to VAT.

Cancellation of Agreement

Where the seller of the registration number fails to proceed at any stage of the process or requests to withdraw from the sale of their registration number, Elite Registrations reserves the right to charge a reasonable administration fee to cover their expenses.

Elite Registrations reserves the right to withdraw their offer to purchase for any reason, including, but not limited to, where ownership rights cannot be established, or computer / clerical error.

In the event of the Department for Transport rejecting the transfer of a registration number (for whatever reason), Elite Registrations will not be liable for any costs or losses howsoever arising and no payment will be made for the registration number.

Selling Your Registration Through Us

  1. The donor
    1. The person selling the registration mark (hereon referred to as "the donor") must be the person named as the vehicle's Registered Keeper or where the registration is held on a DVLA Retention Document (V778) or Entitlement Certificate (V750) the donor shall be the person named as the grantee / purchaser (not the Nominee). Where a company name is specified, the donor shall be a person appropriately authorised to act on that company's behalf (eg: Director, Proprietor etc).
    2. Where the vehicle's registered keeper or the grantee / purchaser named on a certificate is deceased, the Executor of the estate will need to inform DVLA and ensure the paperwork is updated.
    3. The donor must be a UK resident and have a suitable postal address for correspondence. This address must match the address shown on the DVLA paperwork.
  2. Permission to advertise
    1. The donor permits Elite Registrations to advertise (online, in printed form and in anyway it sees appropriate) and subsequently sell (upon finding a buyer) the transfer rights of the registration number to the buyer.
    2. If the registration is held on a vehicle
      1. Where the registration mark is held on a vehicle, the donor will NOT be responsible for paying the DVLA transfer fee (currently £80) as this will be paid by the buyer.
      2. The donor WILL be responsible for ensuring that the vehicle meets the DVLA requirements for undergoing a cherished transfer.
      3. On occasion the DVLA may request that the donor vehicle is taken for inspection (to verify a vehicle's identity). It is the responsibility of the donor client to fulfil this obligation if requested to do so. If an inspection is called for, the Local DVSA centre will contact the donor client directly.
      4. Where a vehicle is classified by DVLA as a historic vehicle (eligible for the historic tax class) they will be required by DVLA to voluntarily submit the vehicle for an MOT in order to satisfy DVLA's transfer rules. It is for the donor to arrange this at their expense either prior to sale, or as soon as practicable upon a buyer being found (within no more than 2 weeks).
      5. The donor will be issued with a replacement registration mark by the DVLA and it will be the donor's responsibility to purchase and fit a set of replacement number plates.
    3. If the registration is held on a DVLA Certificate (V750/V778)
      1. Where the registration mark is held on a current DVLA Retention Document or Certificate of Entitlement which shows the assignment fee has already been paid, this will be added to the sum we pay you upon completion of the transfer.
    4. Elite Registrations can offer no guarantee of sale, nor can it give a guide to the time it may take for a buyer to be found.
    5. Elite Registrations may ask the donor to reduce the selling price of the registration number and/or confirm its availability at its discretion.
    6. Elite Registrations may, at its absolute discretion, cease advertising for sale any registration.
  3. The transfer
    1. A buyer is deemed to have been found once FULL payment has been received by Elite Registrations from a buyer.
    2. Upon a buyer being found Elite Registrations shall request the donor client to forward to us the original DVLA documents and will handle the transfer in conjunction with the DVLA. (This does not affect your statutory rights, ability to drive the vehicle or the ownership of the vehicle).
    3. Elite Registrations will request the necessary documents to be posted to us and will handle the transfer paperwork with DVLA. Elite Registrations undertake to conduct every transaction as quickly and efficiently as possible under normal circumstances.
    4. Elite Registrations will not be responsible for any losses howsoever caused or for any delays caused through the buyer delaying the forwarding of their documents or if the transaction has to be cancelled (whatever the reason).
  4. Payment
    1. The payment (less our commission) as agreed, shall be made payable to the donor client (or entity) as shown on the donor's V5C Registration Certificate, V750 Certificate of Entitlement or V778 Retention Document following approval of the transfer by DVLA.
    2. Payment will, by default, be made by cheque. Payment can be made by BACS to a UK bank account in the same name as the donor upon written request.
  5. Withdrawal of consent to advertise/sell
    1. The donor undertakes to notify Elite Registrations in writing or by email (before a buyer is found), should they want to withdraw the registration from sale.
      1. Once the donor is no longer the owner of the donor vehicle or if it is destroyed or stolen, then the registration shall be deemed not to be available and must be withdrawn immediately.

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