V5 and cherished plate
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Discussion

dba3087108

Original Poster:

66 posts

165 months

Yesterday (14:37)
quotequote all
Looking to sell my car on Saturday to a private buyer. It has a cherished plate on. Il remove this before but do I need to wait for paper v5 to come back or is it all online nowadays?
Thanks

Scrump

23,751 posts

181 months

Yesterday (14:41)
quotequote all
You will need to wait for the new V5 as you need to enter the V5 number when transferring the registered keeper using the online service.
Your current V5 will no longer be valid after you transfer the registration onto retention.

toon10

7,030 posts

180 months

Yesterday (14:45)
quotequote all
I took my private plate off my car recently as I'm looking to swap. It took about 5 days to get my new V5 with the original plate on. I didn't want to be in a situation where I saw I can I wanted and then couldn't get the trade in deal done due to the plate.

R4EVS

96 posts

61 months

Yesterday (15:06)
quotequote all
Sold two cars recently and transferred the plates off as soon as I intended to put them on the market to minimise any delay for being able to actually move them on.

It is a no-brainer. Only issue is that if you intend to keep using the car before sold you will need to keep it insured and inform your insurer of the change of reg. Most won't charge for the change but some will levy an admin fee.

NDA

24,863 posts

248 months

Yesterday (15:09)
quotequote all
I've been doing a bit of plate swapping recently - the DVLA are pretty quick.

Put the plate on retention (online) and the original number plate is normally assigned to the vehicle. You won't get the paper V5 through by Saturday though, if you do it today, maybe middle of next week I'd guess.

MB140

4,831 posts

126 months

Yesterday (15:22)
quotequote all
Sorry op to go off topic, slightly different question.

What happens in the event of a crash where you think the car might be written off. Obviously if the insurance company write it off do they own the plate? They have in effect paid for it by paying out on the car and now own the registration number as well.

What’s the best course of action in this situation . Get it put on retention sharpish (like as soon as you have had an accident you think it might get written off with)

What about stolen. If your car is nicked and the insurance company pay out. Do they own the number plate.

Genuine question.

I remember reading a thread on here a few years ago about some Lords daughter (fellow pistonheader on here was dating her) who failed to pay for her car and it was repossessed. Someone noticed the very expensive plate on it and had it away somehow after it was repossessed, the plate was worth multiple £10k so quite a chunk of money.

Fady

452 posts

227 months

Yesterday (20:40)
quotequote all
MB140 said:
Sorry op to go off topic, slightly different question.

What happens in the event of a crash where you think the car might be written off. Obviously if the insurance company write it off do they own the plate? They have in effect paid for it by paying out on the car and now own the registration number as well.

What s the best course of action in this situation . Get it put on retention sharpish (like as soon as you have had an accident you think it might get written off with)

What about stolen. If your car is nicked and the insurance company pay out. Do they own the number plate.

Genuine question.

I remember reading a thread on here a few years ago about some Lords daughter (fellow pistonheader on here was dating her) who failed to pay for her car and it was repossessed. Someone noticed the very expensive plate on it and had it away somehow after it was repossessed, the plate was worth multiple £10k so quite a chunk of money.
For the crash scenario - best to put it on retention immediately having made your own assessment as to how likely it is to be written off.

That said, if/when car ends up at salvage company, they send you out some gumpf, which includes a reminder that you may what to take action to secure a private plate. First-hand experience here.