Private registration number question
Discussion
Been a few threads on here about personal/vanity plates that have been on cars purchased - most really don't sell well
It's free to exchange the plate back to an original issue or an age related plate
Bear in mind the costs of retention £100 ish then advertising I'd have to be very sure the plate had a value before going down that route.
It's free to exchange the plate back to an original issue or an age related plate
Bear in mind the costs of retention £100 ish then advertising I'd have to be very sure the plate had a value before going down that route.
Just returned a vanity plate to the DVLA that was on the car I bought earlier this year..
It was a car model specific plate with the previous owner's initials... worth absolutely £0 to me as I had my own plate which I moved from my old car....
Agree with the comment above about putting a plate on retention it's not worth it unless it's a very valuable plate or desirable.
A friend of mine who works as car salesman in a dealership said the plate was worth £500... so I said to him buy it from me then...
LOL - excuse after excuse...
It was a car model specific plate with the previous owner's initials... worth absolutely £0 to me as I had my own plate which I moved from my old car....
Agree with the comment above about putting a plate on retention it's not worth it unless it's a very valuable plate or desirable.
A friend of mine who works as car salesman in a dealership said the plate was worth £500... so I said to him buy it from me then...
LOL - excuse after excuse...
Rotaree said:
The plate will stay with the car unless you transfer it or put it on retention.
If you own the car you own the plate too so can transfer it or put it on retention - you don't have to have been the original purchaser of the plate.
[Pedant]If you own the car you own the plate too so can transfer it or put it on retention - you don't have to have been the original purchaser of the plate.
(From https://www.gov.uk/government/uploads/system/uploa... ):
1.What are registration numbers?
Registration numbers are a way of identifying vehicles. All registration numbers are owned by the Secretary of State and are allocated to vehicles (and may be withdrawn) as part of the process of registering and taxing vehicles.
When you buy a private registration number, you're actually paying for the right to use that number, you never own it!
If you buy a car with a private registration number that has been left on it then you inherit the right to use that number, and you can sell the right to use the number to someone else, but you do not own the number!
It should also be noted that the number can be withdrawn at any time, for any reason and without any compensation being paid.
[/pedant]
4rephill said:
Rotaree said:
The plate will stay with the car unless you transfer it or put it on retention.
If you own the car you own the plate too so can transfer it or put it on retention - you don't have to have been the original purchaser of the plate.
[Pedant]If you own the car you own the plate too so can transfer it or put it on retention - you don't have to have been the original purchaser of the plate.
(From https://www.gov.uk/government/uploads/system/uploa... ):
1.What are registration numbers?
Registration numbers are a way of identifying vehicles. All registration numbers are owned by the Secretary of State and are allocated to vehicles (and may be withdrawn) as part of the process of registering and taxing vehicles.
When you buy a private registration number, you're actually paying for the right to use that number, you never own it!
If you buy a car with a private registration number that has been left on it then you inherit the right to use that number, and you can sell the right to use the number to someone else, but you do not own the number!
It should also be noted that the number can be withdrawn at any time, for any reason and without any compensation being paid.
[/pedant]
B'stard Child said:
Bear in mind the costs of retention £100 ish then advertising I'd have to be very sure the plate had a value before going down that route.
To place a reg plate onto a retention certificate for 1 year costs £80 assignment fee and £25 per year retention fee.If you don't assign the plate or renew you can apply to have the £80 assignment fee refunded to you.
Sir Bagalot said:
B'stard Child said:
Bear in mind the costs of retention £100 ish then advertising I'd have to be very sure the plate had a value before going down that route.
To place a reg plate onto a retention certificate for 1 year costs £80 assignment fee and £25 per year retention fee.If you don't assign the plate or renew you can apply to have the £80 assignment fee refunded to you.
It's free to dump it no cash outlay
DVLA even state that the plate will not be made avaliable again if surrendered - presumably because in the case of a vast majority of vanity plates there is only one person that the plate will appeal to in the first place - they've been successful in cornering their target market once and maybe they got just one transfer or maybe they get a gravy train of sucessive transfers (they probably recognise lightning is unlikely to strike twice)
Forums | Speed, Plod & the Law | Top of Page | What's New | My Stuff