The Number Plate Guide - how to value
Transcription
The Number Plate Guide - how to value
© Number plateguide.co.uk Page 1 of 135 © Number plateguide.co.uk How to use this guide .................................... 10 A tip for using this guide ............................... 11 How to value your number plate.................... 12 What is my cherished number plate worth?.................................12 What type of number plate is it?................................................13 Prefix ..................................................................................13 Suffix ..................................................................................13 Dateless ..............................................................................14 Irish ....................................................................................14 New style.............................................................................15 The meaning of number plates ..................................................16 Name number plates .............................................................16 Word number plates..............................................................16 Initial number plates .............................................................17 Car number plates ................................................................17 How to find your number plate’s meaning...................................18 Autonumerology ......................................................................19 What is Autonumerology? ......................................................19 How does it work? ................................................................19 How has autonumerology evolved? .........................................20 Number plate phonetics............................................................21 What is number plate phonetics? ............................................21 How does it work? ................................................................21 Why is it different to autonumerology? ....................................21 How can it help me?..............................................................22 The “initial” check....................................................................23 Abbreviations, phonetics and “text speak” ..................................23 Look-alike number plates .........................................................24 Page 2 of 135 © Number plateguide.co.uk Using the “number plate alphabet” ............................................25 Look in the mirror....................................................................26 Phone a friend.........................................................................26 Counting the digits ..................................................................27 Counting the letters .................................................................27 Researching the price...............................................................28 Assess similar plates for sale with dealers ................................29 Historical auction prices .........................................................30 FREE number plate valuations ...................................................31 Not all valuations are created equal ........................................31 Doing the maths – can you afford a FREE valuation? .................32 How much did you pay for your plate? .......................................33 Did you buy your number plate from the DVLA? .......................33 Who will buy your plate? ..........................................................34 What price can they afford? ...................................................34 Is your plate worth more if you sell it with your car? ....................35 Is your plate worth more as part of a set or a pair? .....................35 Does your plate require illegal spacing to give it meaning? ...........36 The negotiating buffer ..............................................................36 How to value your plate – step by step.......................................37 The 4 fatal mistakes when valuing a number plate.......................38 A final word on number plate valuation ......................................40 Page 3 of 135 © Number plateguide.co.uk How to advertise your number plate ............. 41 Where to advertise your number plate .......................................41 Should you use a dealer or “do it yourself”? ................................41 Number plate dealers ...............................................................43 Commission .........................................................................43 Private advertising ...................................................................44 Classifieds............................................................................45 Going direct .........................................................................45 Friends and family ................................................................46 How to advertise your number plate through a dealer ..................47 Is using a number plate dealer right for you? ...........................47 How to choose a number plate dealer......................................48 Setting the asking price .........................................................48 The sales process .................................................................49 How to advertise your number plate privately .............................50 Where to advertise................................................................50 EBay ...................................................................................50 Classifieds............................................................................50 Number plate classifieds ........................................................51 Make your own website .........................................................52 What to say in your number plate advert....................................52 Tailor the advert to your target buyers ....................................53 Keep the wording short and informative ..................................53 Calls to action ......................................................................54 ONO OVNO Offers .................................................................54 Email or phone?....................................................................55 Number plate specific email address........................................55 How to take the perfect picture ..............................................56 Why sell your number plate privately .........................................57 Save time and money............................................................57 Get more for your plate .........................................................57 Simplicity and speed. ............................................................58 Control ................................................................................58 Page 4 of 135 © Number plateguide.co.uk How to sell your number plate....................... 59 The 6 facts for selling number plates..........................................60 How long to sell a number plate ................................................61 Why most number plates don’t sell quickly and what you can do about it ..................................................................................62 How to get a quicker sale .........................................................63 Define your buyer .................................................................63 Don’t drop the price ..............................................................63 Broaden your horizons...........................................................63 Go direct. ............................................................................64 Add a picture........................................................................64 Can I sell my number plate? .....................................................65 Advertising your number plate ..................................................66 Asking price .........................................................................66 How it's advertised. ..............................................................67 You reap what you sow..........................................................67 DVLA fees and a set of number plates ........................................68 Negotiating the price................................................................68 Closing the deal.......................................................................68 How to transfer your number plate ............... 69 Can I transfer my number plate? ...............................................69 Transfer criteria.......................................................................70 How to apply for the transfer ....................................................70 What happens after you have sent the application .......................71 How long does the process take? ...............................................71 What to do if you do not have the V5C .......................................72 Page 5 of 135 © Number plateguide.co.uk What to do if your vehicle is untaxed .........................................72 Renewing your tax at the point of transfer ..................................72 Will the DVLA inspect my vehicle?..............................................73 I am transferring my number plate to a new unregistered vehicle..73 Proof of identity ....................................................................73 Proof of address ...................................................................73 Tell the insurance company ......................................................74 Number plate retention ............................................................75 Can I retain my number plate? ...............................................75 Can I retain my number plate if my vehicle isn’t taxed? .............75 How to retain a number plate....................................................76 What it costs ........................................................................76 The retention certificate ...........................................................76 Retention certificate expiry ....................................................77 The beginners guide to number plates........... 78 What is a number plate?...........................................................78 Why do we have number plates? ...............................................78 Vehicle identification .............................................................78 Crime prevention & detection .................................................79 Revenue collection ................................................................79 Why do we need them? ............................................................79 Types of number plate .............................................................80 Dateless number plates .........................................................80 Suffix number plates .............................................................80 Prefix number plates .............................................................81 New Style number plates .......................................................81 Irish number plates...............................................................81 Dateless number plates ............................................................82 What are dateless number plates? ..........................................82 Why are they called dateless number plates? ...........................82 Page 6 of 135 © Number plateguide.co.uk How much are dateless number plates worth? ..........................82 Who buys dateless number plates? .........................................83 Suffix number plates................................................................84 What are suffix number plates? ..............................................84 How much are they worth? ....................................................84 Who buys suffix number plates? .............................................85 Prefix number plates ................................................................86 What are Prefix number plates? ..............................................86 How much are they worth? ....................................................86 Who buys Prefix number plates? .............................................87 New style number plates ..........................................................88 What are new style number plates?.........................................88 How much are they worth? ....................................................88 Who buys new style number plates?........................................89 Irish number plates .................................................................90 What are Irish number plates? ...............................................90 How much are Irish plates worth? ...........................................90 Who buys Irish number plates? ..............................................90 Number plate issue dates .........................................................91 Suffix number plate issue dates ..............................................91 Prefix number plate issue dates ..............................................92 New style number plate issue dates ........................................93 Area identifiers .....................................................................96 I,Q and Z explained .................................................................97 Number plate terminology ........................................................98 Number plate fonts & spacing ................................................. 101 Number plate spacing- why does it matter? ........................... 101 Number plate font............................................................... 102 Number plates for vehicles constructed before 1st January 1973 ........................................................................................ 102 Imported vehicle number plate sizes ..................................... 103 Motorbike number plates ..................................................... 103 Penalties for breaking number plate regulations...................... 103 ANPR automatic number plate recognition ................................ 104 Page 7 of 135 © Number plateguide.co.uk Number plates and the congestion charge ................................ 105 Illegal private number plates................................................... 106 Number plate spacing.......................................................... 106 Number plate size ............................................................... 106 Number plate font............................................................... 106 Number plate fixings ........................................................... 106 Diplomatic number plates ....................................................... 107 United Kingdom Diplomatic Number Plates............................. 107 Acrylic number plates............................................................. 109 Number plate flags ................................................................ 110 Regulatory / professional bodies .............................................. 111 Why are they necessary? ..................................................... 111 Which are the main professional bodies?................................ 111 Where can I find out more?.................................................. 112 MIRAD - The Institute of Registration Agents &Dealers............... 112 CNDA the Cherished Numbers Dealer Association ...................... 113 RMIF Retail Motor Industry Federation...................................... 115 Number plate security ............................................................ 117 Number plate theft.............................................................. 117 Number plate cloning .......................................................... 119 How can I protect myself from number plate theft / number plate cloning?............................................................................. 119 Registration numbers club ...................................................... 120 HISTORY ........................................................................... 120 Number plate Rally ................................................................ 121 DVLA ................................................................................... 123 DVLC................................................................................. 123 DVLA personalised number plates ............................................ 125 DVLA select number plates................................................... 125 DVLA number plate auction..................................................... 127 Page 8 of 135 © Number plateguide.co.uk Number plate market ............................................................. 128 Number plate dealers ............................................................. 130 DVLA Resellers ................................................................... 130 Number plate trader............................................................ 131 Number plate web directory .................................................... 132 Number plate Dealers.......................................................... 132 Number plate Classifieds...................................................... 133 Number plate Forums.......................................................... 134 Number plate Information sites ............................................ 134 Number plate Galleries ........................................................ 134 Number plate Makers .......................................................... 134 Number plate Clubs............................................................. 135 Official Websites ................................................................. 135 Page 9 of 135 © Number plateguide.co.uk How to use this guide Our guides are designed to provide you with information relating to number plates – whether you are buying, selling or attempting to value your number plate. Whilst every effort is made to ensure the information in our guides remains up to date and accurate there is a possibility that between publication of the guide and your purchase that some of the data may be inaccurate. For this reason we highlight that our guides are to be used to SUPPLEMENT official DVLA procedures, guides and instructions- not to REPLACE them. For more information please visit the DVLA website. We hope you enjoy reading the guide and find it useful. Thank you for your purchase. Regards, The Number Plate Guide team Page 10 of 135 © Number plateguide.co.uk A tip for using this guide As a PDF e-book, this guide is designed to be as information rich as possible, but that means a high word count and a high page count. Although each section is designed to be as clear as possible, sometimes it can be tricky to find the information you need as quickly as you’d like and for that purpose we’ve included this note. How to find what you need PDF documents have the facility “find” and search for words and phrases. • If you click “ctrl” and “f” you will be taken to a search box and in this you can type in what you need to find – much like a search engine. For example – you want to find information on “word number plates” – if you press “ctrl” and “f” and then type “word number plates” and press enter – every section in the book containing information on word number plates will be displayed. Page 11 of 135 © Number plateguide.co.uk How to value your number plate What is my cherished number plate worth? Knowing the value of your number plate, or at least how to value can be very difficult to ascertain – not least because all number plates are unique which makes comparable prices helpful but not wholly indicative of value. There are a number of steps you can take to research and explore the potential value of your number plate. By investing a little time and effort you may be rewarded with a realistic and justifiable value for which your plate is worth. The number plate market- much like the housing marketlargely dictates prices- with previous car registration number plate sales giving an indication of market sentiment and the potential value of similar registration plates. Selling personal number plates is all about finding the right buyer- the number plate “H4GRO” could have little or no value to most but if your surname of first name is HAGRO then suddenly the potential value of this cherished plate is increased- it's all about meaning and relevance. This guide is designed to help you discover the meaning and relevance of your number plate, as well as the prices for “similar” number plates as an overall guide to obtaining a valuation figure. Page 12 of 135 © Number plateguide.co.uk What type of number plate is it? The type of number plate plays a large part in its potential value. At the time of writing there are 5 different types of number plate available in the UK. Prefix Prefix number plates are still available to buy from the DVLA – this keeps the value of most of them suppressed as the market is so full of choice. Prefix number plates with fewer numbers and earlier issues are becoming more valuable as the choice direct from the DVLA is so vast it drives the prices of rarer plates which have already been issued. Suffix As suffix number plates are not available to purchase from the DVLA this keeps their value higher than similar prefix number plates by virtue of their rarity. Suffix number plates have the benefit of being able to be registered to older vehicles which is not possible with Prefix number plates. Page 13 of 135 © Number plateguide.co.uk Dateless As their name suggest; dateless number plates have no date of issue attached to them which makes them ideal for disguising a vehicle’s age. Depending on the combination, the value of dateless number plates can vary widely. “number 1” number plates and dateless number plates with as few letters and numbers as possible tend to be the most valuable – examples such as “A1” and “F1” are some of the most expensive number plates in circulation. Irish Generally less expensive than dateless number plates, Irish number plates do not have an obvious date of issue attached to them – making them also suitable for disguising a vehicle’s age. As Irish number plates use the characters “I” and “Z” there is a lower chance of “spelling” names and words with them – for that reason Irish number plates can be some of the cheapest in the market place. Page 14 of 135 © Number plateguide.co.uk New style Similar to prefix number plates – new style number plates are readily available from the DVLA directly and as such the market is awash with combinations and prices are quite low due to the high supply level. As this style of number plate restricts the number of possible names or words that can be “spelt” on the number plate it has resulted in a lesser demand than prefix number plates experienced when they first went on sale. That said, great combinations such as PO51BLY and MU51CAL are examples of high value new style number plates – and proof that there are some great combinations available. Page 15 of 135 © Number plateguide.co.uk The meaning of number plates The cornerstone of your number plate’s value will hinge upon the number plates’ “meaning” - i.e. the significance it would have to a potential purchaser. Number plates spelling words or names, as well as those with initials which relate to certain groups such as football clubs (efc / lfc etc) or vehicle owners (bmw/vw etc) Broadly speaking your number plate will fall into one of 4 categories depending on the combination – we outline those categories below. Name number plates Does your number plate spell a name, nickname or surname? If so these can be some of the most valuable number plates in circulation. So long as a special font or spacing isn’t required to make the name your number plate will hold some real value and have a wide appeal. Don’t forget that not only English names can be spelt with number plates. Word number plates As with name number plates above, if your number plate spells a word (and don’t forget non English words count here too – use Google to be sure) then your number plate has a value. Page 16 of 135 © Number plateguide.co.uk Word number plates have a narrower audience than name number plates but superb combinations such as MU51CAL can command high prices. Initial number plates Unless the initials in the number plate are broad or otherwise famous (OMG/FAB/BBC) or you have an “initial” dateless number plate, then the value for initial number plates tends to be lower as there are so many examples readily available from the DVLA for as little as £250. That’s not to say all initial number plates are low value but the trend is such – a thorough check of similar number plate prices will shed light onto this issue. Car number plates There is always a market for car related number plates and sometimes its worthwhile selling your car number plate with the car or directly to an owners club member who will place a higher value on the number plate as it means more to him/her. Obvious car number plates containing AMG BMW or AUD are the most popular but with many different manufacturers and models of vehicle available it’s advisable that you Google your number plate’s letters to be 100% sure nothing is missed here. Page 17 of 135 © Number plateguide.co.uk How to find your number plate’s meaning You may already be sure that your number plate spells your name, a word or relates to the vehicle but then again you may not. The best first stop for researching your number plate is to Google it – both as a whole number plate and in sections. This might seem like an obvious thing to do but just Googling your number plate may not yield much information – you will need to dig a little deeper. For example – If you have the number plate B12 ALP you Google “ALP” and find this stands for “the association of learning providers” and the Australian Labour party etc…. If you then Google “B12” you will find only results for vitamins are returned. But then if you Google the entire number plate “B12ALP” you will find that the BMW tuners “Alpina” produce a B12 model and your number plate would be ideal for one of their owners. With this information you could directly advertise the plate for sale with the BMW / Alpina owners clubs or in their magazines to be sure to maximize the sale price of your plate. It is important most of your time is spent establishing precisely the meaning of your number plate as it’s very easy to under-value your number plate and miss out on it’s true value. Page 18 of 135 © Number plateguide.co.uk Autonumerology What is Autonumerology? Autonumerology was the brainchild of Noel Woodall in the 60's when number plates as status symbols were in their infancy. Noel realised that some letters and numbers are interchangeable and as such you can “spell” words and names using number plates - which gives you far more choice when trying to find an ideal plate. It also adds value to certain number plates as they begin to “spell” names, words or phrases. How does it work? Using the following list of interchangeable characters- Noel realised that vast numbers of words could be spelt with letters and numbers D can be represented by 0 I or L can be represented by 1 R or Z can be represented by 2 E can be represented by 3 A, D, H can be represented by 4 S can be represented by 5 G or B can be represented by6 T or Y can be represented by 7 A or B can be represented by 8 G can be represented by 9 U or H can be represented by 11 R can be represented by 12 B can be represented by 13 Page 19 of 135 © Number plateguide.co.uk N can be represented by 1V 0 can be represented by D,6,8, or 9 W can be represented by VV U can be represented by V To give you an example- the name James could be spelt in the following ways. By substituting 3 for E and S for 5 - there are three ways to spell James. Notice that autonumerology is chiefly concerned with the perfect spelling of words on number plates- JAM355 wouldn't appear, for example. How has autonumerology evolved? Little was it realised that number plates would grow in popularity to such a stage where millions of combinations would be available to buy from the DVLA. This greatly altered autonumerology which then helped hapless number plate buyers spell "alternative" number plates. Where autonumerology was mainly concerned with perfectly spelling words- the scarcity of quality combinations led to a revision of the autonumerology alphabet and the introduction of number plate phonetics. Page 20 of 135 © Number plateguide.co.uk Number plate phonetics What is number plate phonetics? Number plate phonetics is taking Autonumerology to another level. By using letters and numbers you can "spell" words but what happens when the perfect “spelling” of your desired word isn't available to buy? Number plate phonetics is spelling phonetical variations of words - using autonumerology, (not as complicated as that sounds!) For example- let's say you want to spell the name Hugo. Hugo as a number plate simply wont work as it doesn’t fit the various number plate styles - so phonetics works well here- using 3 as E you can spell HEWGO or H3WGO - which is a phonetical spelling of HUGO – and ultimately means the number plate reads as hugo. How does it work? Using the autonumerology alphabet of interchangeable characters- one can create multiple and unique phonetic spellings which are likely to be available to buy and be reasonably priced. Why is it different to autonumerology? Number plate phonetics differs from autonumerology as it discards traditional spellings of words for their phonetic alternatives- this gives much more choice to anyone wishing to buy a number plate and it has a very similar result as buying a non phonetical number plate. Page 21 of 135 © Number plateguide.co.uk How can it help me? As some of the best number plate combinations are either not available for sale, too expensive or simply not viable then number plate phonetics helps to bring some choice to the proceedings. By looking at phonetical spellings of words- it's safe to say a large number of combinations will be available and the asking prices far more reasonable- some great phonetic number plates are available to buy directly from the DVLA Registrations website for just £250. Page 22 of 135 © Number plateguide.co.uk The “initial” check If your number plate contains only your initials or has no word / name or associated meaning then there is a higher chance of it having a lower value. The only exception here would be dateless style number plates with initials (such as JY1 or JRY 123) this is because dateless number plates themselves have a greater value. It’s always worth checking the initials on your number plate aren’t a well known acronym or group abbreviation that is only known to its members – a quick internet search will confirm either way. Abbreviations, phonetics and “text speak” OMG, did you realize your number plate could have a GR8 meaning that u just didn’t think of? You may have checked your number plate’s meaning and used phonetics and autonumerology but not come up with much – but abbreviations such as these could mean your plate has value ADM JMS LCY Adam James Lucy Most abbreviations of this type are recognizable as the main word but are missing one or more vowels. Page 23 of 135 © Number plateguide.co.uk Look-alike number plates It stands to reason that there can be only one J4MES, only one JAM3S and only one JAM35 – each of these is the “ultimate” way of spelling James on a number plate. In addition to such ultimate plates there would also be “look-alike” versions such as… J14MES / J44MES / J444MES / J144MES / J8MES / J17MES - and many more. Although these number plates aren’t the ultimate spellings they still read as they are suppose to and on that basis they have value. As all number plates are unique, various techniques such as supplicating letters or numbers are employed to achieve a similar effect but for less money. These techniques also allow some choice and mean that if you can’t afford or find your ideal number plate - you have some choice and some alternatives. Page 24 of 135 © Number plateguide.co.uk Using the “number plate alphabet” As number plates are composed of letters and numbers an alphabet and set of phonetics have evolved to allow more words and names to be “spelt” in a number plate. If your number plate has no clear meaning then use the “number plate alphabet” to rewrite your plate to perhaps discover its hidden meaning. D can be represented by 0 I or L can be represented by 1 R or Z can be represented by 2 E can be represented by 3 A, D, H can be represented by 4 S can be represented by 5 G or B can be represented by6 T or Y can be represented by 7 A or B can be represented by 8 G can be represented by 9 U or H can be represented by 11 R can be represented by 12 B can be represented by 13 N can be represented by 1V 0 can be represented by D,6,8, or 9 W can be represented by VV U can be represented by V An example of this would be: The number plate M12MAN – using the number plate alphabet and replacing the 12 for a letter “R” this becomes MRMAN – so long as you can add meaning to your number plate you will be able to add value. Page 25 of 135 © Number plateguide.co.uk Look in the mirror Some numberplate’s meaning can be found in its mirror image and how other motorists will read it in their rear view mirror. There are some people who like the idea of having a personalised number plate that isn’t obvious but has a striking effect on those who see it in their mirror. A great example of a “mirror” number plate would be: 55OB (BOSS) Our advice is to get your mirror out and check out your plate – you may be very surprised! Phone a friend When valuing your plate, a second opinion can really help you as it’s always possible to miss something. It’s worth emailing your friends or asking your Facebook contacts what they thing your number plate could mean – it’s always interesting to see the results and potentially rewarding if it helps you define your potential buyers. You may even find a buyer through a friend of a friend as a result! Page 26 of 135 © Number plateguide.co.uk Counting the digits If your number plate doesn’t spell a word or name or have any direct meaning then it’s value will depend on the letters and numbers - how many of them and what they are. Consecutive, pairs and triple figures are more popular (valuable) as are low numbers. If your number plate is a dateless or Irish number plate has no other meaning – then its value hinges on having as few letters and numbers as possible. For example – The number plate CCC111 would be worth more than the plate CCC131 because of the duplicate digits. Likewise the number plate CCC11 would be worth more than CCC111 because it has less digits. Counting the letters Again – less is more here – this concerns only dateless and Irish number plates as the letters in prefix, suffix and new style number plates are fixed. If you have a prefix or suffix number plate then you will have 3 letters – in this instance pairs or triple letters are most valuable if there is no other meaning to your number plate. For example – The number plate DFR10 is worth less than the number plate DF10, and the plate DF10 is worth less than D10 – the number of digits being the main factor in the value. . Page 27 of 135 © Number plateguide.co.uk Researching the price As a further tool to determining the value of your number plate it’s worth investigating historical and comparable prices as a starting point. Whilst all number plates are different and the price of similar number plates isn’t conclusive it’s certainly a step in the right direction. Remember that you may find the same number plates for sale at different prices at different dealers – so average these prices where possible to give yourself a more realistic value. Things to consider when researching the price of similar number plates for sale: Find number plates with similar meanings If your number plate has meaning to bankers then consider other similar plates such as those spelling money, FTSE, forex etc – a bit of logical thinking will help this process. Find number plates with similar letters / numbers If you hold the combination A1ABC – then see what A2ABC and A1ABD are worth – the more research you can do – the better. Page 28 of 135 © Number plateguide.co.uk Assess similar plates for sale with dealers As all number plates are unique – similar plates are the best and perhaps the only starting point for a comparative price. The term similar is slightly ambiguous and depends on your particular number plate but the following examples should help Basically when trying to find similar plates it’s wise to keep as much of your number plate as possible and change maybe one or two numbers firstly – and then the letters. Finding number plates as close to your combination is your aim here – these examples should help you: Your number plate Similar number plates ABC123 J4MES ABC234 / 123ABC J14MES / J44MES / JAM3S Use our number plate web directory to find number plate dealer websites to help with the research. And remember that the same number plates can be advertised at different dealers for different prices – this will impact your comparisons. Page 29 of 135 © Number plateguide.co.uk Historical auction prices The DVLA publish their historical auction prices online and this is another great tool that can help you value your plate. http://dvlaregistrations.direct.gov.uk/search/previous-auction-plates.html DVLA auction prices don’t include the “buyers” premium and other charges so the actual price paid on the day at the auction is always more than the “hammer price” which is displayed on the DVLA auction website. Nonetheless it’s a great resource to check as some of these number plates are sold at auction and never resurface in the private market. DVLA auction prices tend to be lower than prices at number plate dealers for the same plates. Generally number plate traders and investors buy number plates speculatively at auction to then sell via the dealers – adding their markup in the process. Despite a bigger marketing effort the DVLA attract only a small number of the general public to each auction. Page 30 of 135 © Number plateguide.co.uk FREE number plate valuations Most if not all number plate dealers offer to value your number plate for you for free. The thinking behind this being that they would like to offer to sell your number plate on your behalf and take a % of the sale as there commission. In doing so they operate very much like an estate agent but as their commission is “loaded” into the final selling price of the number plate it should be approached with caution. The valuation price is often what you will be paid for the number plate and not the asking price which will be displayed on their website. Not all valuations are created equal Free valuations are a great tool for initially establishing the value of your number plate but it’s always advisable to obtain as many as possible – certainly a minimum of three and then average the figures your receive. It stands to reason that for an item such as number plates where there is no official guideline on value, that differing research and opinions will elicit different valuations. Page 31 of 135 © Number plateguide.co.uk Doing the maths – can you afford a FREE valuation? If you own a number plate and request a valuation from a dealer you will most likely be told the plate is valued at £xxx but that they will advertise it on their website for £yyy. The curious thing here being if someone is willing to pay £yyy for your number plate why should you be happy to only accept £xxx and pay the difference to the dealer for their time? The answer here is that the dealer not only has a broad advertising reach, but that they make the process smooth for you and handle the paperwork. Example You own the number plate H3LLO. You have been told by the dealer they will pay you £1000 when the number plate sells – but they advertise the plate on their website for £2750. For the effort involved in advertising the number plate privately you could received £2750 instead of £1000 – but you have to decide if the reward if worth the effort for you personally. Page 32 of 135 © Number plateguide.co.uk How much did you pay for your plate? The amount you paid for the plate is another key indicator. If the number plate came with your vehicle it’s impossible to determine how much you “paid” for it but certainly if you have purchased your number plate from a dealer or the DVLA then using this figure along with the value of similar number plates for sale give you a grounding for your number plate valuation. Also consider here how long ago you purchased the number plate and that with inflation over time the value of the price paid will have eroded. Did you buy your number plate from the DVLA? It stands to reason that most personalised number plates originate as a £250 purchase from the DVLA directly which makes you inclined to believe your number plate is worth at least £250. Although you may have purchased a number plate from the DVLA for £250 or more – unless it spells a name, a word or has a meaning which would add value to it then chances are there are still very similar versions of the plate for sale at the DVLA which drives down the price of your number plate. For example if your number plate is your initials (for example B2BGH) and the other B?BGH plates remain on sale at the DVLA for £250 then to attract a buyer to your particular plate it stands to reason that you may need to make your plate slightly cheaper to attract a buyer away from the DVLA. Page 33 of 135 © Number plateguide.co.uk Who will buy your plate? Once you have established the meaning of your number plate you are better placed to consider who would actually buy your number plate, for what reason and thus how much they can afford to pay. It’s an old adage that something is only worth what someone is willing to pay for it – so this paragraph confirms this message and confirms it’s worth considering who will buy your number plate and not just it’s value. What price can they afford? If your number plate is very specific – a car related number plate for example – then it’s worth looking into similar car related number plates to get a feel for generally how much these number plates are worth. A name or word number plate which will have a greater meaning to a potential purchaser naturally commands a higher price due to rarity and the determination of buyers to secure their “ideal” number plate. Less specific number plates such as dateless number plates with no direct meaning are generally bought by those looking to mask the age of their vehicle and as such they are willing to commit less money to this cause than if they were to buy a number plate which spells their name. Page 34 of 135 © Number plateguide.co.uk Is your plate worth more if you sell it with your car? Possibly. This mainly works for car related number plates and can also be a great way to sell your number plate without the usual paperwork involved. You will have a clear idea of your vehicle’s value and will base your asking price around this figure. If for example you are selling a BMW and the number plate includes the letters “BMW” you can estimate the value of the plate using this guide and then add that figure (or more) to the asking price of your vehicle. Selling the car and the plate in such a way will give added value to your potential purchaser- you can place a slight premium on the value for the convenience of purchasing both the plate and the car together. Is your plate worth more as part of a set or a pair? In rare cases number plates can form part of a set or a pair. Selling a pair or set of number plates gives the potential purchaser more convenience as you have invested the time and effort finding the separate plates and putting them together. For this reason selling plates in pairs or sets attracts a slightly higher premium – although potential purchasers looking to buy more than one plate will be thinner on the ground. If you are able to find a potential purchaser the benefit of buying the set will almost certainly justify the higher price and can be used in negotiations. Page 35 of 135 © Number plateguide.co.uk Does your plate require illegal spacing to give it meaning? If your number plate needs illegal spacing or a non standard font for it to read as a name or word then the value of your number plate will be seriously affected. The DVLA and the police have become increasingly vigilant in the past few years at penalizing those who mis-space or mis-represent their number plates – it’s against the law and on that basis we advise against it entirely. The negotiating buffer The final thing to consider when putting a value on your number plate is that inevitably the purchaser will try to negotiate the price with you. Once you have established an approximate value for your number plate – it’s worth establishing two prices – the one for which you will advertise the number plate and the lower value which will represent the least amount you will be happy selling the plate for. So long as when you sell your number plate you are within these boundaries you will remain happy and can be sure you haven’t undersold your number plate. Page 36 of 135 © Number plateguide.co.uk How to value your plate – step by step This guide has lots of tips and tricks for uncovering the true meaning and thus value of your number plate – all of this information can be reduced to 6 simple steps 1. Establish your number plate’s “meaning” What “style “is your number plate? Does it spell a word, name or initials? If it doesn’t are there a low number of digits / letters? Are there any pairs or triple digits / letters? Does it contain any abbreviations? Is it a look-alike number plate? Look at your plate using a mirror – does it have a meaning now? Ask your friends for their opinion 2. Assess the value of similar number plates Research the number plate dealers and the DVLA for similar number plates for sale. 3. Obtain free valuations from number plate dealers 4. Consider what you paid for the number plate 5. Consider who will buy your number plate Consider what they could afford. 6. Include a buffer in the valuation for any negotiating at the point of sale. Page 37 of 135 © Number plateguide.co.uk The 4 fatal mistakes when valuing a number plate 1. Insufficient valuations It makes sense that obtaining 1 or more free number plate valuations will help you in “ball parking” your number plate’s value. If you only get one valuation or don’t bother at all then you are not giving yourself the best chance of finding your number plate’s true value. 2. The wrong meaning Some number plates have more than one meaning or can spell more than one name or word. Different meanings carry different values – it makes sense you are advertising your number plate relevant to the meaning which gives it the most value. Example – A1 DAN – this is worth money to someone called “DAN” but it’s the ultimate number plate for “AIDAN” – Dan would pay £500 for this plate but Aidan would pay £3000… Page 38 of 135 © Number plateguide.co.uk 3. Not enough research It’s all too easy to not discover the true meaning of your number plate and under-value it. It stands to reason the amount of effort you put into researching the meaning of your number plate Example – B12ALP only appeals to someone with the initials “ALP” – worth perhaps £3-400. But the owner of an Alpina B12 would pay £1500++ for such a number plate… 4. Unrealistic pricing You may have a deep emotional attachment to your number plate – perhaps it was a gift or a special treat – but the fact is unless it has a meaning or significance to a potential purchaser then it is worth more to you than to anyone else. Example –J21JDN – this number plate was a 21st birthday gift including the initials of the recipient. Sadly this number plate has no other meaning and is valued at perhaps £2-300 whereas the current owner considers the plate £1000+… Page 39 of 135 © Number plateguide.co.uk A final word on number plate valuation Valuing anything is an art and not a science. Even the number plate dealers don’t know definitively how much your number plate is worth although they have a better idea thanks to their experience. These pages give you ideas and exercises which will help you collate enough information to value your own number plate but ultimately it’s a combination of these factors. There is no equation or sum that can give you a precise figure – averaging information leads the way most of the time. The fact is the more time you can spend determining the meaning of your number plate and the value of similar plates for sale will ultimately reflect in the accuracy of your number plate valuation – good luck! Page 40 of 135 © Number plateguide.co.uk How to advertise your number plate Where to advertise your number plate You have 2 distinct choices when advertising your number plate for sale. You can use a number plate dealer – much like an estate agent – who will advertise the plate on your behalf, negotiate a sale and then take a commission from the selling price for their trouble. Alternatively you can advertise your number plate privately – handling everything yourself and placing adverts in the classifieds. The route you take will largely depend on how much time and effort you are willing to put into the sale and the value of your number plate. Should you use a dealer or “do it yourself”? The question to ask yourself here is really – are you willing to invest time in advertising your number plate in the hope of a better return. And furthermore – is the monetary return worth the investment of your time. “I don’t have the time” If you don’t have the time or inclination then number plate dealers are perfectly suited to your needs – they will value, advertise and sell your number plate and you will only pay them when the plate sells as they take their commission from the final price. Page 41 of 135 © Number plateguide.co.uk “I don’t want to pay a commission” Advertising privately could ultimately get you more money for your number plate. You will need to value the plate and place the advert(s) but much like selling a car privately this isn’t insurmountable and you could be rewarded for your effort. “I’m not sure” If you truly aren’t sure then it’s probably worth trying both to see what works for you. Speak to a number plate dealer ref your number plate’s potential value vs what they would sell it for - and look into possible costs for advertising privately and “doing it yourself”. Both of these sets of information will help you make your decision. “Can I not do both?” Depending on which number plate dealer you use, you may or may not be obligated to only advertise with them. If you can advertise privately and with a dealer then this should be more affective. It’s advisable to advertise your number plate for sale in as many places as possible to maximise the chance of sale. Page 42 of 135 © Number plateguide.co.uk Number plate dealers Number plate dealers have existed by 30 years + they specialise in selling number plates on behalf of their clients in much the same way estate agents will advertise your house for sale. Their sales staff are well versed in number plate prices and the process of transferring and selling number plates – they are able to transact the process from start to finish and do so with great efficiency. Commission All of this comes at a price – the advertising, the offices, the staff and expertise all cost money and as a business this has to be recouped. This is the role of the commission – usually a percentage value of your number plate’s final price. There is no question that the services provided by number plate dealers are professional and useful – but not everyone is happy to pay a commission and would rather “do it themselves” this is particularly true for number plates of a lower value where the commission would represent a larger portion of the overall number plate’s asking price. Pros Easy to use Wide advertising audience Experienced and professional Cons Commission payment may be large It may be no quicker to use a dealer Page 43 of 135 © Number plateguide.co.uk Private advertising If using a number plate dealer isn’t for you then advertising your number plate privately could provide a better return for you. As there will be no number plate commission to pay you could get more money when your plate sells. But bear in mind any advertising fees will eat away at any potential profit. There is always a cost for advertising and selling something – typically the “do it yourself” method will cost less but will require a little time and thought. Pros No commission to pay Full control Wide audience Cons Requires time & effort Paperwork is perceived to be complicated. It’s worth noting that some number plate buyers won’t look for a number plate using a dealer as they perceive them to be expensive. Equally some buyers will only check the dealers as they don’t want the “hassle” or purchasing a number plate privately. Page 44 of 135 © Number plateguide.co.uk Classifieds If you aren’t going to use a number plate dealer then chances are that you will use classified advertising – either in print, online, or both – to reach potential buyers and ultimately sell your number plate. You will have to pay for the advert(s) either weekly or monthly until the number plate sells. There are some free classified websites such as Gumtree to consider and some “number plate classified” websites who charge only one fee until the number plate sells. Going direct Finding potential customers directly means considering the meaning of your number plate and then directly contacting potential buyers. The advantages here are that you can increase your chances of a sale with minimal outlay (except postage). We’re not advocating “spamming” hundreds of companies but carefully considered prospects could help to sell your number plate. An example of this is if you have a boxing related number plate there is nothing to stop you writing a letter to some boxing clubs offering the plate for sale. They or their members may wish to purchase the number plate as it interests them. Page 45 of 135 © Number plateguide.co.uk Friends and family Friends and family can be a useful way to find a potential buyer for your number plate – and one that is often overlooked. They may know someone or be able to spread the word to help you sell your number plate and eliminate any spending on advertising completely. Using word of mouth in this way can be a low cost and low effort way to find a buyer for your number plate. There is only a small chance you will find a buyer this way but it is certainly worth considering. You may also wish to incentivised your friends family by giving them a percentage of the selling price. Page 46 of 135 © Number plateguide.co.uk How to advertise your number plate through a dealer To enlist the services of a number plate dealer you need only pick up the telephone or send them an email. Usually the process begins with a free valuation of your number plate – once you agree to the price they value your plate at and how much commission you will pay them upon sale – the number plate is added to their website and advertising and is offered for sale. Is using a number plate dealer right for you? The main consideration with dealers is that they offer the “full service” approach to number plate advertising. You will need to do very little to sell your number plate which is very convenient, However – what they do for you isn’t complicated and once you have paid them a few hundred or even a few thousand in commission you may wonder if the convenience was worth the price. To make this decision it’s best to request a valuation and see how much commission the various dealers are asking for. You can then decide if you are happy to “lose out” on that money when your number plate sells or not. Page 47 of 135 © Number plateguide.co.uk How to choose a number plate dealer There are many number plate dealers operating in the UK – most if not all of them are mentioned in our number plate directory. As with any market there are some key players and it’s best to approach these companies first and submit a valuation to them – perhaps try 3 or 4 dealers. You can find web addresses for most UK number plate dealers in our number plate dealer directory. You are looking to see not only speed of service – as this will count when a buyer is trying to buy your number plate from the same people - but also how much they value your number plate for and the level of commission they are seeking. You are also wise to see who has the most or at least largest advertisements in various car magazines or Sunday newspapers – again the dealer with more advertising will give your number plate a higher chance of being spotted by a potential purchaser. Setting the asking price The dealer will give you a valuation – and you may have an idea in your head of what your number plate is worth. These days the number plate dealers will let you price your number plate (within reason) as their primary motive is to get your number plate on their website as all prices will invariably be negotiated. Page 48 of 135 © Number plateguide.co.uk Using our “how to value your number plate” guide will give you an idea of what to consider when valuing your number plate and thus how to set the asking price. The main thing here is to always build in some kind of negotiating buffer as you will invariably receive offers instead of the full asking price. The sales process Once you have agreed to advertise your number plate with a dealer they add it to their website and advertising and the waiting game begins. Depending on a number of factors it could take a few days to a few months or even years before the right buyer comes along. As number plates are unique by nature and some are limited in their appeal - this is reflected in the amount of time it can take to sell a number plate. Once a buyer is eventually found someone from the number plate dealer will call you and let you know the price offered. So the negotiation begins until a final price is agreed- all negotiating is handled by the dealer and forms part of the service that they offer. With the price agreed, the number plate dealer will ask you to complete the relevant paperwork for the reg transfer and again guide you through this process. Page 49 of 135 © Number plateguide.co.uk How to advertise your number plate privately Where to advertise Broadly speaking there are 4 options to pursue when advertising your number plate privately. You can advertise on eBay, in the classifieds, in the number plate classifieds, or create your own website or means of advertising the plate. EBay EBay has many thousands of number plates for sale at any one time. With auctions lasting 1 – 10 days your number plate will be seen by many thousands of potential buyers. EBay has improved it’s offering recently and offers many number plate specific criteria you can add to the advert and the shear number of adverts on the site prove it’s a popular way to privately advertise number plates. It also suggests many people use eBay to find number plates for sale. www.ebay.co.uk Classifieds Classified advertising such as the Sunday Times or Gumtree does not cater specifically for number plates but it does help reach a large audience. Page 50 of 135 © Number plateguide.co.uk Free classifieds such as Gumtree are a great addition to any paid classified advertising you undertake but remember that you will have to pay to relist your adverts and the costs can soon mount up. www.gumtree.co.uk www.friday-ad.co.uk www.preloved.co.uk Number plate classifieds Number plate classifieds such as www.smashing-plates.com are designed with the number plate seller in mind. They have number plate specific features and only charge a one-off advertising charge. This means the cost of advertising is capped. They have not quite become mainstream yet but many thousand of people use them to buy and sell number plates privately and these numbers are increasing year on year. www.numberplateclassifieds.co.uk Page 51 of 135 © Number plateguide.co.uk Make your own website From time to time some number plate sellers create their own website to advertise their number plate. This novel approach is eye catching but generally relies on a classified or eBay advert to draw people in and on that note seems to be of little merit. If you do decide to make your own website then you will need to purchase a “domain name” for example www.yournumber plate.com You will then need to create the site – perhaps using a free service such as Google Sites (sites.google.com) Although impressive, this approach seems ineffective when compared to the time invested. What to say in your number plate advert When it comes to the advert wording, you will need to consider a couple of factors to ensure what you right is relevant and aimed at selling your number plate as quickly as possible and at the right price. To make the wording effective you will need to have researched the meaning / relevance of your number plate and have a broad idea about who may purchase the number plate from you. Page 52 of 135 © Number plateguide.co.uk Tailor the advert to your target buyers If you have considered who will buy your number plate then you are best to base your wording on these people. Consider using different words – “value” instead of “cheap” and “rare” instead of “insignificant” Using a thesaurus will help you utilise the words and phrases which will add most punch to your advert. Bad example Number plate for sale –spells the name Terry. Make me an offer. Good example Great opportunity to purchase a very rare “Terry” number plate. An ideal gift or investment, this number plate is offered for sale at £7,500 but offers will be considered.. Keep the wording short and informative The fact is most people will not read lengthy adverts so even if your number plate has a 100 word + illustrious history I’m afraid this will have to be reduced to a short paragraph. Go for quality instead of quantity – use words like opportunity, value, rare and special to grab the reader’s attention. Page 53 of 135 © Number plateguide.co.uk Calls to action A “call to action” is a sales term used to encourage potential buyers to take positive action to conclude the sale. These can work well in your number plate advert but try not to be too over the top. Using words such as “chance”, “opportunity” and “now” are a great starting point. Example “Don’t miss your chance to purchase the ultimate boxing number plate” ONO OVNO Offers If you have spent time and effort valuing your number plate then be sure to price it accordingly. ONO and OVNO are great tools for attracting buyers and letting them know they could negotiate a deal. When using these selling tools - be careful to set your boundaries before entering any negotiation – what is the least amount of money you would be happy to accept? Stick to these boundaries to avoid disappointment. Rarely do potential purchasers enquire about number plates for sale with no price and instead the word “offers”. There is too great a fear you could offer too much and be ripped off or too little and embarrass yourself. For this reason be sure to include the price in your advert. Page 54 of 135 © Number plateguide.co.uk Email or phone? Email is generally preferable to giving out your telephone number – and practical so you can reply to enquiries etc. If you must give your telephone number be sure to advise when is best to call to avoid calls at unsociable hours. Using a mobile number also allows the use of text messaging. This can be less intrusive than a phone call and more convenient for some people who prefer to text. We usually recommend not using your personal email address in the advert to avoid any spam email or similar. Number plate specific email address Some people prefer for their personal details not to be made public and so opening a free email account with Hotmail or GMAIL for the specific purpose of selling your number plate is a great alternative. Example - “yourplate”@hotmail.com Page 55 of 135 © Number plateguide.co.uk How to take the perfect picture When selling anything – including a picture is a great way to enhance the advert and the chances it will be looked at. If you look at classified adverts for number plates there are a wide variety of images and graphics used to show the number plate in its best light. It is recommended that if possible you can photograph the rear number plate on a vehicle and in good daylight. The rear number plate is yellow and this colour contrast will be more striking than the white front number plate. Taking a photograph of an actual number plate helps potential buyers to visualise this on their vehicle – and chances are you will already have a set of number plates which you can use. When taking the photograph – ensure the number plate is as central as possible and avoid any reflection that may be created by the camera’s flash. Page 56 of 135 © Number plateguide.co.uk Why sell your number plate privately (And not through a dealer) Save time and money Selling your number plate via a dealer can mean the addition of the dealer commission which can inflate the asking price of your number plate and potentially limit potential purchasers. You may also wish to list with more than one dealer simultaneously- different dealers have different commission and pricing structures- the asking price for your number plate can vary wildly from dealer to dealer- again possibly putting off a potential buyer. Get more for your plate When selling anything privately and not through a third party or dealer it's possible to "cut out the middleman" and negotiate a better deal. Number plate dealers negotiate on your behalf and may not have your best interests at heart- perhaps pushing for a sale at a lower price to simply "do the deal" and make a commission- albeit of smaller size. Page 57 of 135 © Number plateguide.co.uk Simplicity and speed. Dealing directly with potential buyers instead of a couple of number plate dealers means you know how much you are asking for the number plate and that you are free to conclude the sale as soon as you wish with the interested buyer. Control Number plate dealers advertise your number plate on your behalf- they may even suggest or insist on the asking price. Advertising privately allows you to upload pictures, change the asking price and add or alter the advert wording. You can choose to advertise in some place and not others and also set the asking price as you see fit. Page 58 of 135 © Number plateguide.co.uk How to sell your number plate Selling your number plate is as easy as selling a car or a motorbike. Once you have found a buyer you simply need to receive the funds and complete the number plate transfer. There is some paperwork involved but as with anything – a little knowledge goes a long way – and really it’s very straightforward. Certainly if you have ever sold a car privately you should have no trouble at all. The first step is to consider the value of your number plate – we outline how to do this in our number plate valuation guide. Page 59 of 135 © Number plateguide.co.uk The 6 facts for selling number plates Don't believe everything you hear- most people think selling number plates is very complicated and not something they will be able to complete themselves. These 6 are the commonly held beliefs about selling number plates- and thankfully none of them are true. 1. You DON'T need a number plate dealer to sell your number plate. 2. Advertising with number plate dealers is NEVER 100% free. 3. Not all number plates cost thousands of pounds. 4. It DOESN'T take months to transfer a number plate. 5. NOT all number plates are transferable 6. It IS illegal to mis-space or mis-represent your registration number. Page 60 of 135 © Number plateguide.co.uk How long to sell a number plate There's a peg for every hole - so the saying goes- and this is true for personalised number plates- somewhere out there someone really wants to buy your number plate. - The trouble is actually finding them (!) With so many different number plate combinations, and because all number plates are unique and objective - it can take on average up to 12 months to sell a number plate. Sometimes it can take longer and sometimes a sale can be reached much sooner – there is no definitive. Finding the buyer in the first place can be one of the biggest hurdles; it can take many months for a number plate to sell depending on the plate’s meaning and the pool of potential buyers. There are so many places to advertise your number plate it can be confusing. A lot of number plate dealers offer to advertise your personalised plate for free – making their money by loading a commission to the sale. You can choose to advertise privately but this incurs advertising fees and requires more effort than using a number plate dealer. Page 61 of 135 © Number plateguide.co.uk Why most number plates don’t sell quickly and what you can do about it Most number plates advertised in the UK today are advertised only with number plate dealers and may have been there for some time… but why? The fact is selling number plates can take time – it’s not as quick as selling a car or motorbike and a large proportion of number plate owners lose interest in selling their number plate after the first few weeks of it being advertised. There is no miracle cure or guaranteed definite way to get a sale but there is plenty that can be done. Unfortunately most people are either not interested in investing their time or think that it’s too complicated to sell a number plate privately and only advertise with one or 2 number plate dealers. By investing time in deciding the meaning of the number plate, carefully thinking about it’s valuation and where is best to advertise your number plate will set you aside from the majority. If advertising privately then using “punchy” descriptions and sales techniques such as “calls to action” will all help your efforts. Consider the plate’s valuation very carefully Consider who will buy your plate Consider how much they can afford Consider how to reach them Word your advert accordingly Page 62 of 135 © Number plateguide.co.uk How to get a quicker sale There are some things you can do to help find a buyer for your number plate faster. These ideas are more relevant if you are advertising your number plate privately but useful to anyone hoping for a quicker sale. Define your buyer As outlined in our valuation guide – defining your buyer and the true meaning of your number plate will have the largest impact – this really can’t be stressed enough. Don’t drop the price Not straight away at least – chances are your number plate isn’t selling because you haven’t found the right buyer – not because they won’t pay your asking price. Have some patience and give it some time before you consider changing your asking price. Broaden your horizons Unless you are advertising your number plate with a dealer and you have agreed not to advertise your number plate elsewhere – then there’s nothing to stop you advertising your number plate for sale in as many places as possible. Consider paid classifieds, free classifieds, notice boards at your workplace, facebook, twitter etc – the possibilities are endless. Page 63 of 135 © Number plateguide.co.uk Go direct. If you’re number plate is relevant to boxers then why not write directly to some boxing gyms? Sometimes it’s worth “thinking outside the box” to help find a relevant buyer. Remember that some people are not actively looking to buy a number plate but if they were offered one that interests them then they may purchase it. Add a picture If your number plate is advertised in classifieds on the internet it’s a well known fact that adverts with pictures receive more “hits” than those without. Take a good picture of your number plate and put this on your advert(s) – something as simple as this can make the difference. You could also consider… Some number plates are difficult to sell on their own for a number of reasons – perhaps the plate has no direct meaning or is very specific – some number plates will perhaps never sell for these or a number of reasons. It’s for this reason that selling a number plate with a car can be very useful. When you come to sell your car you can leave the number plate assigned to it and save on the paperwork – you simply add to the overall cost of the vehicle and focus on it as a unique selling point. Page 64 of 135 © Number plateguide.co.uk Can I sell my number plate? So long as you own the vehicle on which the number plate is currently assigned, or so long as you appear as the "grantee" or "purchaser" on the retention document- you are legally entitled to sell your number plate. You must ensure that neither on your V5 logbook nor the retention document that the words NON TRANSFERRABLE appear next to the registration number as in this case the DVLA have prohibited the transfer of your number plate. If your number plate is currently on a vehicle then in order to remove the plate and either place it on retention or transfer to another vehicle you will need to ensure the vehicle has current tax + mot and adheres to the criteria for cherished number plate transfers as laid down by the DVLA. Page 65 of 135 © Number plateguide.co.uk Advertising your number plate Once you have gauged the value of the plate you will need to get out there and get noticed- there are many number plate dealers and a new breed of number plate classifieds websites which can help get you exposure- but be warned that finding the right buyer at the right price can take time wherever you advertise. We advise advertising with a mixture of number plate dealers, classifieds and attempting to directly find buyers where possible. This combination approach will again help finding a buyer and is covered in more detail in our advertising guide. Asking price Clearly your number plate needs to be priced appropriatelyprospective buyers will always try to barter with you so we recommend building a small buffer into the price to allow for this- obviously overpricing your number plate means it may never attract a buyer. Beware of under pricing your number plate too - as for some people this can be a turn off as its human nature to expect there is "something wrong" if something is much cheaper than it should be. Page 66 of 135 © Number plateguide.co.uk How it's advertised. Advertising your number plate in as many places as possible (time and budget permitting) is a great way to increase your chances of a sale. Number plate dealers will advertise the plate for you for "free" - loading their commission into the asking price- there are specialised number plate classified website (such as this one) which will give you the best features and target audience. Then there are the other classifieds and free websites such as Gumtree that will complement your efforts. It makes sense to utilise free advertising if you can. You reap what you sow As with selling anything the amount of time it takes to sell is relative to the amount of time and effort you invest in advertising and pricing your number plate as best you can. Page 67 of 135 © Number plateguide.co.uk DVLA fees and a set of number plates When negotiating the sale of your number plate it is wise to include any DVLA fees or a set of number plates in the deal (allowing for this in the price) so that the purchaser has nothing more to pay- this will help increase the attractiveness of your particular number plate combination. Negotiating the price Once you've found a buyer you need to agree on the price; remember to hold strong and hopefully you will already have a buffer in the asking price for your number plate to allow for any deals. To get an idea of your plate's asking price- please refer to our number plate valuation guide. Closing the deal Once you have settled on a price its time to complete the transaction. With the money safely received in the form of a bank transfer or bankers draft- you need to transfer the number plate – read on to find out how. Page 68 of 135 © Number plateguide.co.uk How to transfer your number plate To transfer a number plate from one vehicle to another is a very straightforward process, but one which is very specific. The DVLA are there to help you and make the process as painless as possible – but they are also obligated to ensure the process is adhered to correctly. The transfer process is outlined here – listing the required information, documents and timescale for number plate transfer. Can I transfer my number plate? There are 2 main hurdles to check here before you proceed – if you answer yes to either of these two points then you will not be able to transfer your number plate: 1. Does your number plate begin with “Q” or “NIQ” 2. Is your number plate “newer” than the vehicle to which it will be transferred? For this second point – the DVLA do not permit the transfer of number plates where it is possible to make the vehicle appear younger than it is. An example of this would be wanting to transfer the number plate AB10ABC to a vehicle registered in 1999. As the number plate was issued 10 years + after the car was first registered – if you were to put the number plate on it the vehicle would look newer – as though it was first registered in 2010. Page 69 of 135 © Number plateguide.co.uk Transfer criteria. In order to transfer a number plate you will need to meet the following criteria • • • • Both vehicles must be registered with the DVLA Both vehicles must be available for inspection Have a valid MOT or HGV test certificate Be currently taxed. How to apply for the transfer To transfer your number plate you will need to send the following: • Completed DVLA form V317 and if you are transferring to another person’s vehicle they will also need to sign the document. • The £80 transfer fee. • V5C or V5C/2 • MOT certificate You will then need to send both of these items to your DVLA local office for them to complete the transfer process. It is important you do not send them the tax disc – you will need to keep this on display in your vehicle until the replacement is issued. Page 70 of 135 © Number plateguide.co.uk What happens after you have sent the application The DVLA local office will check the form and information you have provided – they may requested to inspect the vehicles before they approve the transfer and will advise accordingly if this is the case. Once the application has been approved you will be sent the following by return to confirm the approval: • A confirmation letter advising the replacement registration number for the donor vehicle. • New tax discs for both vehicles reflecting their new registration numbers. • An authorisation letter V948 which proves your entitlement and is used when having the number plates physically created. The DVLA at Swansea will also send new logbooks for the vehicles with the new registration numbers – these should arrive within 4 weeks of you receiving the confirmation letter from your DVLA local office. How long does the process take? The DVLA ask that 2 weeks is allowed before you chase them for progress on the transfer process – in busy periods such as March or September this period can be longer due to increased demand. Page 71 of 135 © Number plateguide.co.uk What to do if you do not have the V5C If you do not have the V5C and only have the V5C/2 then you can still complete the transfer. If you only have the V5C/2 then you will need to include the DVLA form V62 which is an application for a vehicle log book. Please note if your V5C/2 has been stamped by your DVLA local office then you will need to wait for the V5C logbook to arrive before you can proceed with a transfer. What to do if your vehicle is untaxed If your vehicle is untaxed but you want to transfer the number plate then this is still possible. For this to be successful you will need to meet these criteria: • The tax disc ran out no more than 12 months before the date you apply for the transfer • There is no break in when the tax disc ran out and the SORN began. Renewing your tax at the point of transfer If when you apply for the number plate transfer your tax also requires renewing then this is possible. • a completed V10 ‘application for a tax disc’ or the V11 reminder • a certificate of insurance or valid cover for the vehicle • the payment of vehicle tax Page 72 of 135 © Number plateguide.co.uk Will the DVLA inspect my vehicle? It’s rare but it does happen. The DVLA run “spot checks” randomly to confirm vehicle identities at the point of registration transfer. I am transferring my number plate to a new unregistered vehicle If you are transferring your number plate to a new and unregistered vehicle then the sales administration team at the dealership will be able to assist you. The DVLA request a proof of identity and proof of address be supplied with the application and accept the following as proofs: Proof of identity • • • • • current DVLA paper driving licence United Kingdom or European Union or foreign passport marriage certificate decree nisi or absolute birth certificate Proof of address • utility bill - gas, electricity, water, telephone landline within the last three months and showing the current address • bank or building society statement - within the last three months and showing the current address • medical card • council tax bill for current year Page 73 of 135 © Number plateguide.co.uk You will need to send these proofs – via the dealership of course – to the DVLA along with the following for the “donor” vehicle – the vehicle the number plate is being transferred from • Completed DVLA form V317. • The £80 transfer fee. Tell the insurance company If you have transferred a number plate from your vehicle and the registration number on your vehicle is now differentyou must tell your insurance company. Page 74 of 135 © Number plateguide.co.uk Number plate retention Number plate retention allows you to hold a number plate “on certificate” if you do not or choose not to have the number plate on a vehicle A large proportion of number plates are “on retention” which means they are not assigned to a vehicle. It is a convenient way to keep your registration number if you are unable to transfer it to a vehicle.. Can I retain my number plate? Firstly, you cannot retain your registration number if it begins with “Q” or “NIQ” – these types of plate are excluded from the DVLA cherished transfer / retention scheme. To complete the retention process you must meet the following criteria: • • • • The vehicle The vehicle The vehicle The vehicle certificate must must must must be registered with the DVLA be available for inspection be taxed have a valid MOT or HGV test Can I retain my number plate if my vehicle isn’t taxed? You can but there are two criteria regarding this scenario – • There can be no break between the tax disc expiry and the start of SORN. • The tax disc ran out no more than 12 months before your application. Page 75 of 135 © Number plateguide.co.uk How to retain a number plate Retaining a number plate is a very straight forward process. So long as you are the owner of the vehicle to which the number plate is currently registered then you will be able to “retain” the registration number. To retain a registration number you will need to send the following to your DVLA local office • Completed DVLA form V317 • The V5C or new keepers supplement with a completed V62 • A current MOT certificate • The retention fee What it costs At the time of writing it costs - £105 for one year, £130 – 2 years and £155 – 3 years of retention. The retention certificate The retention certificate is your proof of your “entitlement” to the registration number. The certificate itself will list the registration number, the retention certificate expiry date, the Grantee and the nominee. Nominee - A nominee appears on the retention document. A nominee is a person who has no entitlement to a number plate; but the plate may be transferred to a vehicle in their name. Page 76 of 135 © Number plateguide.co.uk Grantee- The Grantee features on the retention document - the Grantee is the only person entitled to transfer or assign the number plate. The certificate does have an expiry date and its very important that you renew it before this date. Retention certificate expiry It’s very important that you do not let the retention certificate expire. The date of expiry will be clearly stated on the retention certificate itself. It is possible that you could lose your “entitlement” to the number plate if you fail to renew it on time. Page 77 of 135 © Number plateguide.co.uk The beginners guide to number plates What is a number plate? A number plate can be found on the front and rear of every road legal vehicle in the UK. It is a means of identifying the vehicle to the DVLA and the Police. The first ever number plate was issued in 1903 when the number of vehicles on the roads in the UK began to increase. With so many new vehicles on the road - a need to identify them individually became paramount- hence the introduction of the number plate. Why do we have number plates? The UK and many other countries around the world use number plates for a number of different reasons - they mainly fall into these categories. Vehicle identification If there are two identical cars on the road- let alone millions- it's nigh impossible to tell them apart. The chief job of a number plate is to set it apart from its neighbour and make it unique. Page 78 of 135 © Number plateguide.co.uk Crime prevention & detection The Police work in conjunction with the DVLA and have access to driver and vehicle records to help prevent and detect crime. A vehicle number plate identifies it uniquely - and with the registration number or "index" the police can trace ownership and some other details specific to that vehicle. Revenue collection TAX! It all comes back to tax- from road tax itself, to tax on fuel and repairs and insurance- the government are able to tax your vehicle only through the registration number and the tax disc. Why do we need them? Every vehicle needs a number plate as all of the above are very important to ensuring safety and order on the roadsimagine where we’d be without the number plate? From pure necessity the “personalized” number plate as we know it was born – still seen by some as the ultimate way to personalize your vehicle the humble number plate is no far more than a means of identification – it’s also a status symbol and a statement about the person driving the vehicle. Page 79 of 135 © Number plateguide.co.uk Types of number plate With the increasing demand for more number plate combinations to cater for the increasing number of new vehicles on the road- the DVLA have had to introduce many new number plate styles over the years. Mixing letters and numbers as oppose to just letters or just numbers- gives the DVLA many more multiples to offer. With number plates now 7 characters in length as standard The DVLA ensure many tens of millions of combinations will be available for issue. At the time of writing there are 5 different types of number plate. Dateless number plates Beginning with A1 - the oldest number plate- dating from 1903 - Dateless number plates began in a time when the car was in its infancy. Suffix number plates When Dateless number plates ended - the DVLA added a "suffix" character to the structure to increase the possible number of registrations. Page 80 of 135 © Number plateguide.co.uk Prefix number plates A simple reversal of the Suffix format - prefix number plates have seen huge success thanks to the DVLA sale of Marks scheme. New Style number plates With the end of prefix number plates; the DVLA introduced the entirely different "new style" number plates which display not only the year of registration but also the location. Irish number plates Irish number plates have remained unchanged for many years- largely due to the lower number of vehicles which require them in Ireland. Irish number plates use the characters “I” and “Z” and for this reason are easily identifiable. Page 81 of 135 © Number plateguide.co.uk Dateless number plates What are dateless number plates? Dateless number plates are the oldest and rarest number plates available. Beginning with 1 letter+1 number combinations such as A1 and increasing in size to 3 letter +3 number combinationsdateless number plates tend to be a more prestigious number plate. Why are they called dateless number plates? The oldest number plate – A1- is the original "dateless" number plate. But why are they known as dateless number plates? Well a lot of the record keeping from the early 1900’s was missing or patchy and so instead of releasing numbers in a nice sequential and ordered pattern- some councils issued number plates at different times- making it nigh impossible to determine the age of a certain number plate. How much are dateless number plates worth? Typically, dateless number plates fetch higher prices than any other style. This is due, in part to the fact that dateless number plates are so-called because they can be transferred to a vehicleregardless of it’s year of registration.. In addition to this; dateless number plates can only have a maximum of 6 digits- shorter number plates will always fetch a higher price. Page 82 of 135 © Number plateguide.co.uk Finally dateless registrations are some of the rarest and oldest number plates on the roads- a significant factor to number plate collectors and number plate investors. Who buys dateless number plates? Dateless number plates are favoured by number plate collectors and enthusiasts – as the quality and value of this style of number plate is consistent- they are usually a safe bet. Generally fetching a higher price, dateless number plates can be found adorning Rolls Royce, Bentleys and Ferraris in the UK- the most famous dateless reg – F1 – is on a Mercedes McLaren SLR at the time of writing. Page 83 of 135 © Number plateguide.co.uk Suffix number plates What are suffix number plates? Suffix number plates were introduced in 1963 as a means of broadening the number of possible number plate combinations which could be issued to motorists. As the "dateless" system began to run out of combinations it was decided that by adding an extra letter at the end of a number plate (a suffix) that not only could the amount of possible number plate combinations be increased- but also this suffix character could be used to identify the year of registration - and thus - the age of the vehicle. How much are they worth? Suffix number plate values can vary quite dramatically. Similar to Irish number plates; there are many combinations of little or no value which are used as "cover" plates As with most other number plates- the general rule that the fewer the characters- the more valuable the plate- sticks. Suffix number plates with 7 digits tend to be worth far less than those with 5. There are a select few "perfect combinations" available with Suffix number plates - these spell names or words using autonumerology. Two such examples would be CRA1G and COL1N Page 84 of 135 © Number plateguide.co.uk Who buys suffix number plates? Suffix number plates are favoured by those with classic cars as they are unable to transfer newer number plates to older vehicles. In addition to this; number plate collectors and dealers favour the higher quality combinations as a safe bet and an investment. Page 85 of 135 © Number plateguide.co.uk Prefix number plates What are Prefix number plates? Prefix number plates - introduced after suffix number plates - and a complete reversal of the format- provided the DVLA with many more millions of possible combinations. Literally a reverse of the Suffix system, prefix number plates begin with a letter from the alphabet (excluding I, Q and Z) which identifies the year of registration. After this letter there can be up to 3 numbers and then 3 random letters. How much are they worth? Prefix number plates really took off with the introduction of the sale of marks scheme by the DVLA. For the first time ever the public could buy number plate combinations directly from the DVLA- this opened the door to many thousands of motorists and continues to represent millions each year in revenue for the DVLA. Unfortunately due to the popularity of Prefix number plates, the market has become somewhat flooded with look-a-like and near perfect combinations. Typically a combination costs £250 from the DVLA with nothing more to pay. The DVLA auction off certain plates which they deem to be more valuable. Shorter combinations tend to fetch higher prices- with "number 1" plates achieving circa £1000 but as with all number plates the meaning / combination are the deciding factor to value. Page 86 of 135 © Number plateguide.co.uk Who buys Prefix number plates? If the DVLA's figures are anything to go by- just about everybody (!) The DVLA make tens of millions of pounds each year retailing prefix number plates to the public and via DVLA resellers. Prefix number plates are good value and have no hidden extra charges so their purchase has been a safe bet for many motorists- there is no typical purchaser of prefix registrations. That said- prefix plates do make great birthday / wedding gifts and many businesses now use them for promotion on their vehicles. Page 87 of 135 © Number plateguide.co.uk New style number plates What are new style number plates? New style number plates were introduced in 2001 when the prefix system came to an end. A complete break from the previous number plate system; new style or current style number plates use both age identifiers and local identifiers which allow you to easily tell where and when the registration number was issued. For the first time, this system meant that all new number plates issued would have 7 digits as standard- previous styles could fluctuate from 2 to 7 digits depending on a number of factors. How much are they worth? Despite having a higher price than prefix number plates when purchased from the DVLA; new style number plates have had a luke warm reception in the world of personalised registrations. Due to their structure there are notably fewer "quality" combinations to be had- a lot of number plate buyers have stuck with the remaining prefix combinations for sale. Depending on the quality of the plate- new style number plates fetch on average £400 - £800 - rising far more for the few excellent combinations such as MU51CAL. Page 88 of 135 © Number plateguide.co.uk Who buys new style number plates? The DVLA have invested a great deal of money in advertising the new style series of number plates. With so few "quality" combinations; the DVLA has tried to educate the market that buying your initials is the way to get the best out of your new plate. For example - Barry James Jones (all the names in the DVLA adverts have a middle name…) could buy BJ51BJJ. Page 89 of 135 © Number plateguide.co.uk Irish number plates What are Irish number plates? Irish number plates are the registrations issued to Northern Irish vehicles. With the advent of the cherished transfer scheme and such an interest in number plates- enthusiasts began to purchase and transfer Irish number plates as they were so different to other plates on offer. Irish number plates can come in a variety of combinationsthey are instantly recognisable due to their use of the characters I and Z. How much are Irish plates worth? With the exception of VIP1 and its peers - Irish number plates seldom fetch prices higher than £1k or £2k. This is due to the way the plate is constructed- unlike the prefix or suffix number plate system there are very few good combinations and attempting to use Autonumerology with Irish number plates takes some effort! Who buys Irish number plates? Generally Irish number plates form the lower end of the market. A great deal of combinations can be purchased for circa £100 and so, such number plates are used as "cover plates" to cover the age of a vehicle. They are also a cheap alternative to the standard issue number plates on a vehicle- and still relatively low in numbers on the UK roads. Page 90 of 135 © Number plateguide.co.uk Number plate issue dates Suffix number plate issue dates Suffix number plates were introduced in 1963 as a means of providing ever more combinations for the increasing number or vehicles on the roads. The format uses the letter (or suffix) to identify the year of issue- see below for the relevant dates. This was the first time in the UK that a number plate could be used to identify the year of a car’s registrationsomething not possible with the series of dateless number plates. Jan '63 to Dec '63 Jan '64 to Dec '64 Jan '65 to Dec '65 Jan '66 to Dec '66 Jan '67 to July '67 Aug '67 to July '68 Aug '68 to July '69 Aug '69 to July '70 Aug '70 to July '71 Aug '71 to July '72 Aug '72 to July '73 Aug '73 to July '74 Aug '74 to July '75 Aug '75 to July '76 Aug '76 to July '77 Aug '77 to July '78 Aug '78 to July '79 Aug '79 to July '80 Aug '80 to July '81 Aug '81 to July '82 Aug '82 to July '83 A B C D E F G H J K L M N P R S T V W X Y ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC Page 91 of 135 123A 123B 123C 123D 123E 123F 123G 123H 123J 123K 123L 123M 123N 123P 123R 123S 123T 123V 123W 123X 123Y © Number plateguide.co.uk Prefix number plate issue dates Prefix number plates are the reversal of the suffix number plate system. With each letter identifying the year of registration, the prefix number plate system also formed the beginnings of DVLA select and the role of DVLA retailing number plates to the public. It was the prefix number plate system which saw the move from issuing new registrations once a year- to twice a year. With the end of the S series in Feb 1999- the UK would no longer have one new registration letter each year- but two. A B C D E F G H J K L M N P R S T V W X Y Aug '83 to July '84 Aug '84 to July '85 Aug '85 to July '86 Aug '86 to July '87 Aug '87 to July '88 Aug '88 to July '89 Aug '89 to July '90 Aug '90 to July '91 Aug '91 to July '92 Aug '92 to July '93 Aug '93 to July '94 Aug '94 to July '95 Aug '95 to July '96 Aug '96 to July '97 Aug '97 to July '98 Aug '98 to Feb '99 March '99 to Aug '99 Sept '99 to Feb 2000 March 2000 to Aug 2000 Sept 2000 to Feb 2001 March 2001 to Aug 2001 Page 92 of 135 A123 ABC B123 ABC C123 ABC D123 ABC E123 ABC F123 ABC G123 ABC H123 ABC J123 ABC K123 ABC L123 ABC M123 ABC N123 ABC P123 ABC R123 ABC S123 ABC T123 ABC V123 ABC W123 ABC X123 ABC Y123 ABC © Number plateguide.co.uk New style number plate issue dates New style number plates broke from the traditional format of using a letter or a number to signify the year of issue. Instead the age identifier can tell you precisely from when a number plate was issued- 54 means a September 2004 registration, 04 means a March 2004 registration and so on. The DVLA have withheld some combinations such as the 01 and 50 series- no doubt for future sale at a DVLA auction. 01 51 02 52 03 53 04 54 05 55 06 56 07 57 08 58 09 59 10 60 11 61 12 62 13 63 14 64 15 65 16 66 17 67 Reserved 01-09-2001 01-03-2002 01-09-2002 01-03-2003 01-09-2003 01-03-2004 01-09-2004 01-03-2005 01-09-2005 01-03-2006 01-09-2006 01-03-2007 01-09-2007 01-03-2008 01-09-2008 01-03-2009 01-09-2009 01-03-2010 01-09-2010 01-03-2011 01-09-2011 01-03-2012 01-09-2012 01-03-2013 01-09-2013 01-03-2014 01-09-2014 01-03-2015 01-09-2015 01-03-2016 01-09-2016 01-03-2017 01-09-2017 AB01 AB51 AB02 AB53 AB03 AB53 AB04 AB54 AB05 AB55 AB06 AB56 AB07 AB57 AB08 AB58 AB09 AB59 AB10 AB60 AB11 AB61 AB12 AB62 AB13 AB63 AB14 AB64 AB15 AB65 AB16 AB66 AB17 AB67 ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC Page 93 of 135 © Number plateguide.co.uk 18 68 19 69 20 70 21 71 22 72 23 73 24 74 25 75 26 76 27 77 28 78 29 79 30 80 31 81 32 82 33 83 34 84 35 85 36 86 37 87 38 88 39 89 40 90 41 91 42 92 43 93 44 01-03-2018 01-09-2018 01-03-2019 01-09-2019 01-03-2020 01-09-2020 01-03-2021 01-09-2021 01-03-2022 01-09-2022 01-03-2023 01-09-2023 01-03-2024 01-09-2024 01-03-2025 01-09-2025 01-03-2026 01-09-2026 01-03-2027 01-09-2027 01-03-2028 01-09-2028 01-03-2029 01-09-2029 01-03-2030 01-09-2030 01-03-2031 01-09-2031 01-03-2032 01-09-2032 01-03-2033 01-09-2033 01-03-2034 01-09-2034 01-03-2035 01-09-2035 01-03-2036 01-09-2036 01-03-2037 01-09-2037 01-03-2038 01-09-2038 01-03-2039 01-09-2039 01-03-2040 01-09-2040 01-03-2041 01-09-2041 01-03-2042 01-09-2042 01-03-2043 01-09-2043 01-03-2044 AB18 AB68 AB19 AB69 AB20 AB70 AB21 AB71 AB22 AB72 AB23 AB73 AB24 AB74 AB25 AB75 AB26 AB76 AB27 AB77 AB28 AB78 AB29 AB79 AB30 AB80 AB31 AB81 AB32 AB82 AB33 AB83 AB34 AB84 AB35 AB85 AB36 AB86 AB37 AB87 AB38 AB88 AB39 AB89 AB40 AB90 AB41 AB91 AB42 AB92 AB43 AB93 AB44 ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC Page 94 of 135 © Number plateguide.co.uk 94 45 95 46 96 47 97 48 98 49 99 50 01-09-2044 01-03-2045 01-09-2045 01-03-2046 01-09-2046 01-03-2047 01-09-2047 01-03-2048 01-09-2048 01-03-2049 01-09-2049 Format is reversed AB94 AB45 AB95 AB46 AB96 AB47 AB97 AB48 AB98 AB49 AB99 AB50 ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC Page 95 of 135 © Number plateguide.co.uk Area identifiers In addition to an age identifier, each new style number plate has a 2 letter prefix indicating from which tax office the combination was issued: › A Anglia Peterborough AA-AN Norwich AO-AU Ipswich AV-AY Sidcup LU-LY › B Birmingham Birmingham BA-BY › N North Newcastle NA-NO Stockton NP-NY › C Cymru Cardiff CA-CO Swansea CP-CV Bangor CW-CY › D Deeside to Shrewsbury Chester DA-DK Shrewsbury DL-DY › E Essex Chelmsford EA-EY › F Forest and Fens Nottingham FA-FP Lincoln FR-FY › G Garden of England Maidstone GA-GO Brighton GP-GY › H Hampshire and Dorset Bournemouth HA-HJ Portsmouth HK-HY › K Luton KA-KL Northampton KM-KY › L London Wimbledon LA-LJ Stanmore LK-LT › M Manchester and Merseyside Manchester MA-MY › O Oxford Oxford OA-OY › P Preston Preston PA-PT Carlisle PU-PY › R Reading Reading RA-RY › S Scotland Glasgow SA-SJ Edinburgh SK-SO Dundee SP-ST Aberdeen SU-SW Inverness SX, SY › V Severn Valley Worcester VA-VY › W West of England Exeter WA-WJ Truro WK, WL Bristol WM-WY › Y Yorkshire Leeds YA-YK Sheffield YL-YU Beverley YV-YY Page 96 of 135 © Number plateguide.co.uk I,Q and Z explained It is only with the advent of new style number plates that Z has appeared as a valid number plate character. Z and I have previously appeared on Irish number plates and Q on "kit cars". The reason I Q and Z are generally omitted from the UK number plate system is because they can be easily read as 1 0 or 2 - something which would hinder the authorities in identifying a vehicle or enforcing the Congestion charge. Q number plates in particular are excluded from the cherished transfer scheme and Q registrations are issued to vehicles where the number plate has been made void, or to “kit” vehicles or those vehicles whose age cannot be identified. I, Q and Z are not used as they look similar to 1, 0 and 2 respectively. Exceptions* CURRENT STYLE AB51ABC number plates use Z * IRISH PLATES use I and Z * Q Plates with Q as the prefix i.e. Q123FDD are reserved for kit cars and vehicles with undetermined age- these vehicles cannot participate in the transfer scheme at the time of writing. Page 97 of 135 © Number plateguide.co.uk Number plate terminology Autonumerology - the study of number plates Age Identifier - New style number plates have a 2 digit "age identifier" which tell you when the number plate was issued. Assignment Fee - When transferring a number plate from retention to a vehicle- the DVLA charge and assignment fee. Cherished transfer - Transferring a number plate from one vehicle to another CNDA - Cherished Numbers Dealers Association DOT - Department of transport Donor Vehicle - When transferring or retaining a number plate- the car from which the number plate is transferred is known as the donor vehicle. DVLC - Driver and vehicle licensing centre DVLA - Driver and vehicle licensing Agency DVLA Local Office - Your local tax office is the place to conduct number plate transfers and assignment- this isn't dealt with by DVLA Swansea. DVLA Registrations - The name of the DVLA service allowing members of the public to buy un-issued number plates directly from the DVLA. DVLA Select - The previous name for DVLA Registrations. Entitlement- You never "own" a number plate - you merely own the "entitlement" to display if on your vehicle. Page 98 of 135 © Number plateguide.co.uk Grantee- The Grantee features on the retention document the Grantee is the only person entitled to transfer or assign the number plate. Irish number plates- number plates originally issued or intended for use in Ireland. Local Identifier - New style number plates have 2 letters which indicate the local tax office at which the number plate was registered. Log book - The V5 / vehicle registration document MOT - Ministry of Transport annual roadworthiness test Nominee - A nominee appears on the retention document. A nominee is a person who has no entitlement to a number plate; but the plate may be transferred to a vehicle in their name. Purchaser - Appearing on the V750 retention documentthe Grantee is the only person entitled to transfer or assign a number plate. Prefix - Prefix number plates are the reversal of Suffix number plates - they are so called as the letter at the beginning of the number plate "Prefixes" the registration. PNDA - Personal Numbers Dealers Association - previous name for the CNDA Recipient Vehicle - When transferring number plates- the vehicle to which the plate will be transferred or assigned is the "recipient vehicle" Registered Keeper - The person named on the V5 registration document as the legal registered keeper of a vehicle. Page 99 of 135 © Number plateguide.co.uk Retention - If you own a number plate but wish for it not to be transferred to a vehicle then you can hold it on retention - a 12 month certificate confirming your entitlement to the number plate. Retention Certificate - The document confirming your entitlement to a registration number. RNC - Registration Numbers club Sale of Marks - DVLA Select and DVLA registrations are both still known by some people as the "Sale of Marks" - this basically refers to the DVLA retailing un-issued number plates to the public. Suffix - Suffix number plates began after dateless plates as a means of providing more combinations - this was achieved by adding a letter to the end of the plate - a "suffix" Vanity Plate - USA personalised number plates. Page 100 of 135 © Number plateguide.co.uk Number plate fonts & spacing Number plate spacing- why does it matter? With the advent of automatic number plate recognition - the need for all number plates to conform to a certain size and style has become very important as it makes the task of reading number plates far easier. With so many motorists using illegal spacing, different sizes and styles of fonts and plates- the DVLA regulate number plates into as many simplified areas as they can. Broadly the DVLA stipulate the following rules: • • • • • • A number plate must appear on the front and rear of a vehicle. Number plates must be easy to read. Front number plates must be white and rear number plates yellow- both with black lettering. Number plates must be reflective. Number plates for pre 1973 vehicles need not be reflective. Lettering must be a set size, shape and style Page 101 of 135 © Number plateguide.co.uk Number plate font In line with regulating the size of the number plate itself; it makes sense that the number plate font itself is uniform. All new number plates are required to use the "Charles Wright Font" - pictured below. Anything other than this is deemed illegal- there is only one number plate font. Number plates for vehicles constructed before 1st January 1973 Vehicles built before 1st January 1973 are entitled to bear black and silver non reflective number plates. The font must be easy to read but need not be the official Charles Wright font as prescribed for later number plates. Some vehicles built after 1st January 1973 carry black and silver number plates - this is a breach of the DVLA regulations and is punishable. Page 102 of 135 © Number plateguide.co.uk Imported vehicle number plate sizes Certain imported vehicles have smaller space on the grille or bumper for a plate and the DVLA recognise this by allowing imported vehicles to carry number plates of different dimensions to that of the main regulation. Motorbike number plates Clearly motorbikes have different sizes of number plates to cars or lorries; motorbikes built before 1st Sept 2001 can have a 3 line number plate, otherwise all other bikes must have a 2 line number plate. Motorbikes with one line number plates are illegal. Penalties for breaking number plate regulations Correct at the time of writing: • • • A fine of up to £1000 The registration number may be withdrawn The vehicle may fail the MOT Page 103 of 135 © Number plateguide.co.uk ANPR automatic number plate recognition By standardising the number plate font and design- it's possible for ANPR software to read and interpret hundreds of thousands of number plates and trace this data back to the DVLA. Petrol stations and the police have benefited greatly from the advent of automatic number plate recognition- numbers of drivers leaving forecourts without paying has been steadily decreasing and conviction rates increasing as the availability of information and the ease of data capture allowed by number plate recognition- allows a quick and simple reference to the DVLA computer. Number plate recognition is also used in the congestion charge system in London and can process many thousands of vehicles of varying number plate types and styles- with shockingly accurate results. Number plate recognition is set only to improve as the DVLA, the police and businesses such as petrol stations create new opportunities and innovations in the field. Page 104 of 135 © Number plateguide.co.uk Number plates and the congestion charge The congestion charging system in London utilises automatic number plate recognition in order to trace users and apply charges and fines accordingly. Number plate cloning and theft has had an impact on the congestion charge with a number of illegal vehicles accumulating fines and fees which are sent to innocent people which they must contest. Although until this point the congestion charging system appears to be working and number plate recognition seems to do the trick- the future holds a higher tech way of identifying users. Singapore is one city which uses electronic transponders to charge road tolls directly to vehicles- thus completely side stepping the number plate cloning / number plate theft scenario It remains to be seen when such advanced systems will appear in the UK but rest assured for the time being the humble number plate will reign supreme. Page 105 of 135 © Number plateguide.co.uk Illegal private number plates We constantly hear the Police and the DVLA mentioning private number plate offences and so called illegal private number plates - but what actually constitutes an illegal private number plate? Well there are a couple of different ways you could find yourself falling foul of the law: Number plate spacing The spacing of characters is very important- the DVLA have strict guidelines which must be observed. Number plate size The actual size of the personal number plate is significant- a large number of motorbikes sport increasingly small personal number plates. Number plate font The font used on the cherished number plate is crucialthe DVLA dictate that only the "Mandatory" Charles Wright font may be used. Number plate fixings A number of motorists use cherished number plate fixings and bolts to obscure the private plate and make it appear to be a different number. Page 106 of 135 © Number plateguide.co.uk Diplomatic number plates UK diplomatic issues comprise three digits identifying the foreign embassy, mission or body, then D (for accredited diplomats) or X (for other personnel), followed by a serial of three digits. United Kingdom Diplomatic Number Plates Since number plates were first issued, some people wanted to stand out from the crowd. It may seem strange with threats of terrorism and religious disputes that Diplomats, serving in a foreign country would want their number plate to identify not only where they are from but also their rank (in diplomatic terms), but ambassadors and high commissioners still enjoy their 'vanity' number plates that is plates that identify their country. In the last 20 years Britain has joined many other countries in issuing special number plates to diplomats which identify their country and that they have some form of immunity. Since 1979 Diplomatic number plates in the United Kingdom have been a standard size and colour, but with three numerals indicating the Embassy or International Organisation, the letter D for Diplomats, or X for accredited non-diplomatic personnel, and a serial number commencing at 101 for diplomats, 400 for non-diplomatic staff of International Organisations, and 700 for Consular staff. Since 1990 these diplomatic number plates have been officially issued with two modifications: 1) The numerals (but not the letters) are in a thinner distinctive style. 2) The substrate of the number plate is security marked with Page 107 of 135 © Number plateguide.co.uk either DVLA repeated in a wavy line or DVL repeated in a straight line across the bottom. Page 108 of 135 © Number plateguide.co.uk Acrylic number plates The Law regarding the supply of acrylic number plates in England and Wales In order for a set of acrylic number plates to be made for you in Wales or England you now have to prove your legal entitlement to them and provide a visual identification check at the point of sale. The regulations regarding the supply of acrylic number plates arise from the Vehicles (Crime) Act 2001. In September 1998, the Vehicle Crime Reduction Action Team [VCRAT] was established by the Home Office to develop and implement a strategy to meet the Government target to reduce vehicle crime by 30% by 2004. VCRAT recommended the introduction of a statutory registration scheme to control the supply of acrylic number plates. This scheme is designed to make it more difficult for thieves who put fake number plates on stolen vehicles to make them appear legitimate. It was made more difficult for criminals to get acrylic number plates because they now need to provide proof that they are entitled to them. The regulations regarding the supply of acrylic number plates in England and Wales came into force on the 1st January 2003. From that date all number plate suppliers in England and Wales are required by law to register their details with DVLA. From that date a business will be unable to trade as a supplier unless it is registered. Page 109 of 135 © Number plateguide.co.uk Number plate flags Since April 2009 motorists in England, Scotland and Wales can display the Union flag, Cross of St George, Saltire or Red Dragon of Wales on their number plate. This amendment to the Road Vehicles (Display of Registration Marks) Regulations 2001 means that motorists in England, Scotland and Wales can display the Union flag, Cross of St George, Cross of St Andrew (also known as the Saltire) or Red Dragon of Wales as well one of the following identifiers: GREAT BRITAIN, Great Britain, GB, UNITED KINGDOM, United Kingdom, UK, CYMRU, Cymru, CYM, Cym, ENGLAND, England, ENG, Eng, SCOTLAND, Scotland, SCO, Sco, WALES or Wales. No other symbols or flags are permitted to be displayed on number plates – this includes football clubs, cartoon characters and manufacturer logos. Page 110 of 135 © Number plateguide.co.uk Regulatory / professional bodies The UK number plate market has two main regulatory bodies- MIRAD and the CNDA (part of the RMIF) These two regulatory bodies largely cover the same areas a number of number plate dealers are members of both bodies. Why are they necessary? Due to the large variety of number plate dealers and websites throughout the internet and in print- these bodies regulate and check registered members as an assurance of professionalism and best business practice. The main number plate dealers and websites are members of such bodies as it tells their customers they are not only trustworthy and professional, but actively looking to improve and follow codes of good practice. Which are the main professional bodies? • MIRAD the Institute of Registration Agents and Dealers • CNDA the Cherished Numbers Dealers Association • RMIF The Retail Motor Industry Federation (parent of the CNDA) Page 111 of 135 © Number plateguide.co.uk Where can I find out more? The websites for these number plate professional bodies give details of their history, codes of conduct and contact information: http://www.mirad.co.uk/ http://www.cnda.co.uk/ http://www.rmif.co.uk/ MIRAD - The Institute of Registration Agents &Dealers MIRAD dealers are very similar to CNDA dealers- they are quality controlled and checked by an objective third party to ensure the highest levels of service and integrity amongst its members. Page 112 of 135 © Number plateguide.co.uk CNDA the Cherished Numbers Dealer Association Established in 1971 the association brings together number plate dealers under its regulations- to protect both purchasers and sellers- and ensure buying and selling number plates in the UK is a seamless process The CNDA represent reputable and responsible dealers of personalised number plates and the number plate market. Members of the CNDA adhere to a Code of Practice, members are regularly monitored to ensure that cherished transfers are complete within an acceptable time limit and number plates advertised can be obtained easily. CNDA member dealers have a proven reputation and, in the unlikely event of a problem or dispute the CNDA can mediate. Key aims of the CNDA » » » » Increase awareness of the cherished number industry Promote and protect member businesses Develop and maintain standards in the sector Provide a channel for communication and information The CNDA offers advice to consumers about the legal status of cherished number plates and ways in which to protect entitlement to them. Page 113 of 135 © Number plateguide.co.uk Through its Rule Book and Advertising Code the Association aims to ensure good business practices amongst its members and to maximize customer satisfaction. Applications for membership are subject to formal procedures and review by the Association's Executive Committee. The CNDA works closely with the Driver and Vehicle Licensing Agency and with the DVLNI to promote the interests of its members and the industry by constantly reviewing the statutory requirements for the cherished transfer and retention schemes with a view to introducing greater flexibility in procedures. Page 114 of 135 © Number plateguide.co.uk RMIF Retail Motor Industry Federation The Retail Motor Industry Federation (RMIF) is the trade association for the retail motor industry. The Associations and Divisions that make up the Retail Motor Industry Federation (RMIF) are: The RMI National Franchised Dealers Association (NFDA) represents franchised dealers from single site businesses to large multi-franchised groups and includes the National Truck Council for commercial vehicle operators The RMI Motorcycle Retailers Association (MRA) - represents new and used moped, scooter and motorcycle sales, servicing, repair and parts accessory businesses The RMI Petrol Retailers Association (PRA) - represents petrol retailers and forecourt operators, and includes convenience retailing services The RMI Society of Motor Auctions (SMA) - represents motor auction houses selling cars, commercial vehicles and off-road vehicles The RMI Independent Garage Association (IGA) - represents a wide range of used car sales, service, repair and specialist automotive services, and includes a dedicated Operations Team for MOT testing stations The RMI Bodyshop Services Division (BSD), including vehicle recovery services - represents those involved in accident repairs, paint and refinish and specialist coach building The RMI Motorcycle Rider Training Association (MRTA) represents all those involved in the provision of motorcycle rider training Page 115 of 135 © Number plateguide.co.uk The RMI Cherished Numbers Dealers Association (CNDA) represents businesses specialising in cherished number plates The Retail Motor Industry Federation (RMIF) represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMIF has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland. Page 116 of 135 © Number plateguide.co.uk Number plate security Using patented technology SecurePlate has been developed to meet the new DVLA criteria for theft resistant number plates. SecurePlate prevents your number plates being stolen and protects your identity. With number plate theft at an all time high the DVLA and the police have taken action and made advancements in number plate security. Secureplate is a unique design which means the number plate breaks into pieces when you attempt to remove it- thus preventing the theft and reuse of the plate. Some leasing companies and large fleets are considering their options- there have been a few early adopters but on the whole the industry is waiting to see as the number plate technology develops as to the best resolution. Although the crime levels are increasing, awareness of products such as Secureplate are still significantly poor and we think it will be some time before widespread use of this and similar technologies will crack down on number plate crime and number plate theft in the UK. Number plate theft More than 40,000 sets of number plates were stolen in 2006, a rise of almost 25%, according to police estimates The DVLA is considering forcing all the UK's 1.3 million motorcycles to be fitted with plates featuring electronic tags, which are currently being trialed. Number plate theft is a modern crime but one that is a serious threat to UK motorists. It would seem that any vehicle can be "cloned" - whereby number plates are either Page 117 of 135 © Number plateguide.co.uk stolen or created and attached to a similar car- any tickets or fines will be traced back to the genuine vehicle and the burden of proof seems to stop there- an almost guilty until proven innocent scenario. So what can be done? Well the DVLA have published several papers on this topic and recognise the inherent risks to UK motorists. It's not enough that when buying number plates you need identification- as the theft of number plates from vehicles prove- physical security for number plates is required. There are currently two ways to secure your number plateSecureplate is a number plate which is fixed to the vehicle in such a way that to remove it destroys it completely, and secure number plate fixings are attached to the number plate in such a way that again the number plate breaks up when it is removed. The DVLA and the police in the longer term are considering embedding electronic chips into number plates- this added technology will not only prevent cloning of number plates, but also provide for congestion charge type schemes and operate in a similar manner to an Oyster card. www.secureplate.com Page 118 of 135 © Number plateguide.co.uk Number plate cloning Number plate cloning occurs when two vehicles have the same number plate. An example would be If you drive a black Ford and a criminal also has a black Ford- by having a set of number plates made or by stealing your set of number plates and attaching them to his car- the criminal can ensure any motoring offences are directed at you- the registered owner of the vehicle- identified by the number plate. How can I protect myself from number plate theft / number plate cloning? New technology such as SecurePlate and secure fixings will help to physically ensure your number plates cannot be stolen. As for criminals simply having a set of plates made to match yours- it has been proven in a lot of cases that identifying features on the vehicle- such as window stickers or scratches- help to identify which vehicle is yours. The crucial element here is proving who is in the vehicle – the location and other factors will also play a key part. Page 119 of 135 © Number plateguide.co.uk Registration numbers club "The independent nationwide club dedicated to the right to hold and transfer a cherished vehicle registration mark ... a right which has been in existence since 1903" HISTORY Established in 1977, the Registration numbers club came to the be at a time when transferring cherished number plates was troublesome and the red tape was spoiling and endangering a lot of great private number plates. Alex Jackson along with some like minded friends took action: before long they had enlisted the services of Steve Waldenberg and the Registration Numbers Club was formed. The first ever rally was held at Harewood House near Leeds, and within a short time over 2000 members had signed up THE RNC TODAY The club has gone from strength to strength since its tenuous beginnings; still operated on a voluntary basis the club circulate a quarterly newsletter - the RNC news. With a dedicated following the club helps unite those with an interest in personalised number plates and the annual rallies are a great place for members to display their plate and interact with other enthusiasts. Page 120 of 135 © Number plateguide.co.uk Number plate Rally A cherished number plate rally is an entirely static eventusually members of the registration numbers club meet at a country house or prestigious outdoor venue to proudly display their private number plates. Not just a display of wealth - personalised number plate rallies are a great place for owners and enthusiasts to meet and talk car number plates- there are so many interesting stories behind plates and there histories- a number plate rally is the ideal platform to tell these stories. Generally the programme will provide a wealth of information about most of the registration plates you will see on display- a potted history and points of note about each private number plate- and finally a voting form for the awards ceremony. Awards are given for uniqueness and quality of cherished number plates as well as collections and extremely interesting personalised number plate histories. The first car numbers rally was organised by the Cherished Numbers Dealers Association at Beaulieu in 1973. It was a public relations exercise that coincided with the infancy of the cherished numbers business as we know it today. The name changed when the Department of Transport started to get heavily into the act and created the term "cherished transfer" for the transaction of transferring a registration mark from one vehicle to another. An annual event- number plate rallies see a whole host of entrants and a wide array of vehicles- from mopeds to motorbikes to cars to lorries- if the number plate is personalised then all entrants are welcome!. Page 121 of 135 © Number plateguide.co.uk It really is the registration number that is the important factor and many will be surprised to learn that there's no snobbery about the car carrying the plate. You'll receive as much acclaim for a distinctive registration number plate on a Vauxhall Corsa as a Maybach. Obviously the cost of personalised number plates means that the cars are more than likely as prestigious as the number plates they bear. Prizes are awarded - judged on the basis of the reason for owning the number plate and how appropriate it is to the class of entry. There are usually six or seven classes and special prizes for most distance travelled to the event. Some dedicated enthusiasts make an effort to attend every rally and will schedule their holidays accordingly. The majority of such true enthusiasts don't own top of the range vehicles, but their number plates are as cherished (if not more) than that on the most splendid of vehicles in attendance. Page 122 of 135 © Number plateguide.co.uk DVLA The Driver and Vehicle Licensing Agency is an Executive Agency of the Department for Transport (DfT). The Agency is accountable to the Secretary of State and Ministers and, through them, to Parliament and the public, for efficient and effective management of the Agency and its responsibilities. Its primary aims are to facilitate road safety and general law enforcement by maintaining registers of drivers and vehicles, and to collect vehicle excise duty (car tax). The DVLA was established as the increasing demand for number plates and vehicle administration strained the government in the UK. Supported by DVLA local offices, the DVLA is the one stop shop through which the government administers all number of motoring issues www.dvla.gov.uk DVLC The DVLC was formed in 1974 at a time when the numbers of vehicles and number plates were increasing- as a means to cope with the increasing demand. The DVLC operated hand in hand with the Local vehicle Licensing Offices maintaining vehicle records and administering all aspects of motoring in the UK 1974 not only saw the end of the red book driving licence in favour of a computerised document, but it also saw the advent of reflective number plates- a milestone in number plate history. Page 123 of 135 © Number plateguide.co.uk The DVLC became the DVLA in 1990- the move from the Driver and Vehicle Licensing Centre to the Driver and Vehicle Licensing Agency marked a change in how the government operated- using executive agencies for reasons of efficiency. The DVLC introduced the original sale of unissued marks scheme- which has evolved today into DVLA Select car registrations and DVLA personal number plate auctions. This heralded the beginnings of the private number plate market in the UK and spawned numerous private number plate dealers who began to notice cherished number plates and personalised car registration number plates were worth a lot of money. The demand for personal number plates steadily increased and has today become one of the DVLA's most significant revenue streams. Sales of personal number plates and cherished number plate transfer fees have netted over £1Bn for the government since the nineties alone - personalised number plates and the car registrations number plate market are big business in the UK. Page 124 of 135 © Number plateguide.co.uk DVLA personalised number plates Dvla personalised registrations help to add millions in revenue to the treasury each year via the sale of prefix number plates and new style number plates at dvlaregistrations.co.uk Here you can search the millions of cherished plate combinations available to find your ideal number plate- The DVLA sell personalised number plates directly via their telesales business for as little as £250- buying direct will save a lot of money as some DVLA resellers can add considerable markups to some private number plates. The DVLA have been selling personalised registrations since 1989 and each year they release the next car registration numbers in sequence- retailing desirable registration numbers to the public and removing rude or inappropriate personal number plates to ensure they are not available for sale. www.dvlaregistrations.co.uk DVLA select number plates DVLA select number plates are the private number plates which the DVLA have offered for sale directly to the public for the past three decades. These personal number plates, usually un-issued sequential numbers which were withheld for sale, have been a major influence in the UK registration number plate market. DVLA select car registration number plates allowed the public for the first time to pick their own combinations of letters and numbers from an enormous number of possible combinations. Rather than buying through a private number Page 125 of 135 © Number plateguide.co.uk plate dealer or at a personalised number plate auction, DVLA select allowed the general public access to cherished number plates and thus opened the market. DVLA select personal number plates are known today as DVLA registrations - as time has passed and things have evolved the DVLA have responded to public demand and capitalised on the boom in buying and selling personalised number plates in the UK. Page 126 of 135 © Number plateguide.co.uk DVLA number plate auction In the past the DVLA have held two types of private number plate auctions; The Custom Marks Auction, mainly aimed at the lower priced registration numbers & The Classic Collection, where more expensive personal number plates are sold. Nowadays the personalised number plate auctions have combined to a 3 day event- held once every two months at picturesque locations up and down the country. DVLA number plate auctions are operated by Premier auctions- Premier was first awarded the contract to be sole auctioneers for the DVLA's Personalised Registrations back in 2001, and is proud to have received a five year renewal of this exclusive contract in 2006. Each DVLA car number plate auction has around 1500 personal number plates- all varying in quality, style and cost. Representatives from the key private number plate dealers, as well as cherished number plate traders and the public meet to battle for some of the most coveted cherished number plates. www.dvlaauction.co.uk Page 127 of 135 © Number plateguide.co.uk Number plate market In recent years, the private number plate market in the UK has seen considerable growth. • • • • • 2.4 million car registrations numbers sold by DVLA since 1989 295,000 cherished number plate transfers in 2006 12,000 cherished number plates auctioned by the DVLA every 12 months 32 million available cherished number plates to buy from the DVLA £375000 most expensive private number plate “F1” sold in 2008. As a limited product and with an increasing demand it is clear that private number plates have advanced from being fun or a way to personalise a vehicle- hence the term personalised number plates - to becoming a viable investment with credible growth potential. In the primary market, only the DVLA (Driver And Vehicle Licensing Agency) can sell “fist issue” car registrations numbers- as a revenue stream for the government it represents a sizeable income (£100m in 2006 alone) In the general number plate market- there are a handful of key number plate players and many tens if not hundreds of small private number plate dealers, private number plate traders and sole traders. These number plate traders and dealers buy and sell personal number plates privately and at private number plate auctions held by the DVLA. Page 128 of 135 © Number plateguide.co.uk Some personalised number plate dealers are also DVLA resellers- selling unissued DVLA registration numbers from the 25million plus number plate combinations. “With record breaking number plates such as F1, M1 and K1NGS, private number plates, the personal number plate market and interest in cherished number plates is firmly here to stay and has a wide and receptive audience” Page 129 of 135 © Number plateguide.co.uk Number plate dealers Number plate dealers appeared in the UK way back in the late sixties when the transferring of private number plates began to take off. Suddenly registration numbers were a valuable commodity and as such supply and demand created an instant market for the most desirable combinations. It wouldn't be until the 1980's when the DVLA began to sell registration numbers direct to the public- so in the interim period the few pioneering car number plate dealers and the hundreds who joined the bandwagon began to establish a new market in car number plates. Cherished number plate dealers initially act in a similar manner to estate agents- advertising cherished plates on a commission sale basis- as well as buying and selling cherished number plates of a high quality. DVLA Resellers Since the launch of DVLA Select number plates; registration number plate dealers have also become DVLA resellersreselling the millions of registration number plate combinations offered by the DVLA - but at a mark-up to what you would pay if you went directly. The thought being that the personal number plate dealer transacts the sale on your behalf and thus earns the fee. With the advent of the internet personal number plate dealers moved online and have enjoyed a buoyant few years with ever increasing prices for the most sought after personal plates. The internet has also brought with it classified advertising and websites such as number plateclassifieds.co.uk are establishing their own niche in the private number plate market as the alternative to using a Page 130 of 135 © Number plateguide.co.uk commission based private number plate dealer. Number plate trader A cherished number plate trader is a different animal from a private number plate dealer. Generally private individuals working on a relatively small scale; personal number plate traders attend DVLA auctions, trawl the personalised number plate classifieds and the internet buying and selling private reg plates much in the same way a car dealer would. It's not uncommon for some cherished number plate traders to have 25+ personal number plates on the books at any one time and with the market focussing more and more on quality registration numbers, car registration number plate traders have the cash, the knowledge and the connections to by and sell some of the most valuable personalised number plates in the UK. Private number plate traders have been around since the cherished number plate market began and will continue to be a driving source in the market so far as prices are concerned. Buying and selling personal number plates has been likened to investing in art or commodities- and like any kind of investing the most knowledgeable and fortunate can make a decent living Car number plate traders and car number plate trading is generally an online activity or one conducted by telephonethe only face to face registration number plate dealing takes place at the DVLA cherished number plate auctions held six times a year- a draw for any serious private number plate trader. Page 131 of 135 © Number plateguide.co.uk Number plate web directory The number plate web directory is a collection of useful websites for buying or selling number plates. We keep these lists as up to date as possible but there is always a small chance for error – if there are websites you would like to see in this directory then please email us. Number plate Dealers A selection of UK number plate dealer’s websites: http://www.speedyreg.co.uk/ http://www.newreg.co.uk/ http://www.beefregistrations.co.uk/ http://www.theprivateplatecompany.co.uk/ http://www.reghunter.com/ http://www.northumbrianumbers.com/ http://www.bcreg.co.uk/ http://www.britishcarregistrations.co.uk/ http://www.registrationmarks.co.uk/ http://www.speedyreg.co.uk/ http://www.amazingnumberplates.co.uk/ http://www.nngb.com/ http://www.valleyregistrations.co.uk/ http://www.vrm-group.co.uk/ http://www.cheapernumber plates.co.uk/ http://www.plates4less.co.uk/ http://www.cheapernumber plates.co.uk/ http://www.capeplates.co.uk/ http://www.cheapernumber plates.co.uk/ http://www.right-reg.co.uk/ http://www.cheapernumber plates.co.uk/ http://www.premierplates.co.uk/ http://www.cheapernumber plates.co.uk/ http://www.r4v.co.uk/ http://www.cheapernumber plates.co.uk/ http://www.createyourplate.com/ http://www.cherishedmarks.net/ http://www.py-number plates.co.uk/ http://www.regtransfers.co.uk/ http://www.motormarks.co.uk/ http://www.personallyyours.co.uk/ http://www.emark.co.uk/ http://www.carreg.co.uk/ http://www.1stcarnumbers.co.uk/ Page 132 of 135 © Number plateguide.co.uk http://www.dvla-som.co.uk/ http://www.wnreg.com/ http://www.cnreg.co.uk/ http://www.gwreg.co.uk/ http://www.dragonregistrations.co.uk/ http://www.v12online.com/ http://www.goldplate.co.uk/ http://www.pna.co.uk/ http://www.totalreg.co.uk/ http://www.regdeals.com/ http://www.centralreg.co.uk/ http://www.carmarks.net/ http://www.ftreg.com/ http://www.nice-reg.co.uk/ http://www.k9plates.com/ http://www.bossreg.com/ http://www.platinumplates.co.uk/ http://www.image-reg.com/ http://www.registrationworld.co.uk/ http://www.numbernet.co.uk/ http://www.ne-numbers.co.uk/ http://www.apnaplates.com/ http://www.simplyregistrations.co.uk/ http://www.justplates.com/ http://www.car-numbers.com/ http://www.globalreg.co.uk/ http://www.registrationmarks.co.uk/ http://www.nbnotednumbers.co.uk/ http://www.tayside.com/ http://www.bentleyregistrations.com/ Number plate Classifieds http://www.smashing-plates.com/ Page 133 of 135 © Number plateguide.co.uk Number plate Forums http://www.carreg.co.uk/forums/index.php?c=1 http://www.personallyyours.co.uk/number plate-chat-forum/default.htm http://www.number plates.com/discuss/ Number plate Information sites http://www.number plates-hq.co.uk/number-plates-articles.aspx Number plate Galleries http://www.olavsplates.com/great_britain.html http://www.nice-reg.co.uk http://www.number plates.com/ Number plate Makers http://www.craigsplates.com/ http://www.no1showplates.co.uk/ http://www.onlineautomotive.co.uk/ http://www.autoxtra.com/ http://www.secureplate.com/ http://www.cheapestplates.co.uk/ http://www.acesignsuk.co.uk/ http://www.demonplates.com/ http://www.myshowplates.com http://www.easynumber plates.co.uk Page 134 of 135 © Number plateguide.co.uk http://www.platesforcars.co.uk http://www.regplatedesign.co.uk http://www.make-your-own.co.uk Number plate Clubs http://www.number plates.com/ http://www.registrationnumbersclub.org.uk/ Official Websites http://www.dvla-som.co.uk/ http://www.direct.gov.uk/ http://www.dvla.gov.uk/ http://www.dvlaauction.co.uk http://www.dvani.gov.uk/ (DVLA Ireland) Page 135 of 135