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Buying A Private Number Plate Before You Get a New Vehicle: What You Need to Know

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Published
04/12/2023

Private number plates, otherwise known as personalised number plates feature a certain type of registration mark that normally has some kind of relevance to its owner. The DVLA introduced the Cherished Transfer Scheme, enabling motorists the chance to personalise their vehicles. In 2023, there are millions of private number plates gracing the roads.

If you’re thinking of buying a new car and like the idea of owning a private number plate, it’s important that you take the right steps beforehand. Here we will explore what you need to know and do before going any further.

Decide On a Budget

Depending on the type of private number plate you buy, they can be pretty expensive. With that in mind, it’s wise to draw up a budget first. You need to work out how much cash you’d like to spend on your private number plate. Some private number plates can end up costing more than the vehicle itself! Understandably, most drivers don’t want to shell out thousands on a custom plate, so create a budget and stick to it before shopping around.

Remember the Agency Fee

When purchasing a private number plate, you need to be aware you’ll be making a payment to the authorising body, the DVLA (Driver and Vehicle Licensing Agency). You need to be aware of the DOT fee linked with the transfer of a private number plate. In some cases, dealers add on a VAT and assignment fee which you need to bear in mind too. You will also need to pay a fee to change the registration details on a private number plate which is mandatory.

Know Your Style

There are all kinds of number plate styles to look into. Knowing the differences can be a huge help in determining which is best suited to your needs. Some of the styles include dateless and current. The clue is in the name with dateless. This type can be any combination of up to 4 numbers and 3 letters which bears no indication of the vehicle’s age. Current style is used for new car registrations.

Use a Recognised Broker

Whatever you do, make sure to pick a recognised broker when buying private number plates. You need to use a DVLA-recognised broker so you can rest assured you’re adhering to the rules. Take Regtransfers for example. They are a DVLA-registered supplier of personal car registrations and number plates. You can use their services to find private plates that align with your taste.

Assign the Plate Before Using

After buying a new set of private number plates, you cannot simply place them on your car and start driving. First, you must register it so you can drive on public roads. Make sure you do this immediately with the DVLA. Most retailers will ask for you to pay this fee before purchasing. However, some expect you to do this yourself.

There are several reasons why motorists opt for a private number plate. For one, they allow you to express your personality and style. Secondly, private number plates can deter criminals. Knowing what to expect before purchasing a private number plate will ensure you make the right decision and find one that aligns with your needs.

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