What is a private number plate?
A Private plate is a vehicle number plate that can be purchased from the DVLA to be put on your own vehicle. Lots of people like to have a personal number plate relevant to them and we have seen the market grow considerably over the years.
Where do I get a private number plate from?
You can get plates directly from the DVLA when they are released or there are many businesses who hold their own stock of plates which are usually in high demand so premiums are charged for these types of plate. Private sellers usually advertise their plates on these types of companies websites or sell them at auction. The most expensive plate which has sold to date was ’25 0’ bought by a Ferrari dealer to put on his Ferrari 250. He paid over £500,000 for the Private Registration.
What are cherished number plates?
This type of number plate was used on vehicles registered before 1963 and they have no dates on them which makes room for some really good personal configurations.
How long do I have to wait for a number plate?
If you have bought a private plate then it usually takes around 2-3 weeks to arrive. This is because the DVLA needs time to register it in to your name. When the documents arrive you can assign the plate to your car very quickly because the DVLA have added a paperless process to their website meaning you can assign it on the same day. It is worth noting that this service is only active for set times in the day.
How can I change owners of private plate?
If you sell your plate there is a section on the retention documents where you can change owner details similar to how you would when selling a car. Before changing owners the plate will need to be taken off your vehicle so you will need to pay a fee to the DVLA to put the plate on retention and then wait for the document to come through in the post.
How do I assign a private number plate to my car?
There is 2 ways to assign a plate to your car. You can either fill in the retention certificate and post it to the DVLA or you can now assign it online on the DVLA website.
Can I get a private number plate for my lease car?
When your lease car has been delivered you will be able to add your private plate to the car. To do this you will need to notify the DVLA but before doing that the nominee details on the retention certificate will need to be changed to the finance company as they are the registered owners on the V5 log book. Once the new certificate has come through the post you will need to contact the finance company to request the change in which they will ask for the number plate and certificate number.
How much do private number plates cost?
Private plates can vary in price depending on the demand or style. Generally speaking the most expensive plates tend to have fewer characters and numbers or are very close to a persons first or surname. You can however obtain good bargains if the time is right on new registrations which are launched each year so it is worth getting your thinking cap on to discover plates which might work around the current year.
How do I keep my private plate when I sell the car?
Before selling the car you will need to put your private plate on retention which can take around 7-10 days. You can not sell the car on the old registration if it has not been changed with the DVLA and your new V5 log book has arrived in the post.
23rd of April 2020
Email : firstname.lastname@example.org
Telephone : 01625 568 612
Company Address :
Lets Talk Finance
Unit 4, Office 1
Lets Talk Finance are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 788369
Registered in England & Wales with company number : 10690121 | Data Protection No : ZA445902 | VAT No : 310 2674 45
Registered Office : Clover Cottage Greendale Lane, Mottram St. Andrew, Macclesfield, United Kingdom, SK10 4AY
Disclaimer: All vehicle images and descriptions are for illustration and reference purposes only, all vehicle leases are subject to credit approval and subject to change at any time. E&OE.
Copyright © 2020 Lets Talk Finance, All rights reserved.
Powered by CALAS