When do I get payment after a number plate sale has been agreed?
Payment will be made on successful completion of the sale.
This is either when the registration number has been transferred to the buyer’s vehicle (with official confirmation from the DVLA) or it has been placed on a DVLA V778 Retention Certificate with the buyer as nominee. If transferred direct to the buyer’s vehicle we will need to see the buyer’s replacement V5C Registration Document before payment is made. A cheque will then be posted to you, and you will be advised by email.
The process usually takes around 4 weeks from receipt of all documents (from both parties). Occasionally it can take longer... on very rare occasions it may take up to 12 weeks. However, this is very unlikely.