Read about the latest industry comment and breaking number plates news.

How long does it take to sell a personalised number plate?

This question is always a difficult one to answer. It is asked by almost everyone who approaches Simply Registrations with a number plate they wish to sell. Whilst there are definitely some influential factors such as price and desirability, until a buyer is prepared to part with their hard-earned money and commit to the purchase, you just never know.

Many years of buying and selling private number plates has taught me this business can make you look foolish. As an example; I bought the registration BEN 962 many years ago expecting to sell it fairly quickly for a modest profit. It sold in December 2012 for a modest profit; however I had it in stock for over seven years. In contrast, less than three weeks ago I purchased the registrations 79 SD & SHC 7 expecting to have them in stock for the average length of time which tends to be two to three years. 79 SD sold within days of me buying it and we have just taken a part-payment against SHC 7.

Influential Factors

The asking price is likely to have some impact on how long a personalised plate takes to sell, but it doesn’t always just come down to price. We currently have 9 JSE in stock, probably the lowest priced single-digit JSE plate on the market. However that doesn’t necessarily mean that 9 JSE will sell before 5 JSE or JSE 7 which are also for sale, albeit with higher asking prices. If Jason S Edwards is looking for a cherished registration and he was born on the 5th of March, it is likely that 5 JSE would be his first choice.

The desirability of the registration should also have some bearing on how quickly it sells, or doesn’t sell as the case may be. The initials AJB or SMC are much more popular than combinations such as VGR or HBN. But if Helen B Nelson has just bought herself a brand new car and is eager to get a private plate for it, you may just get lucky if you have an HBN registration for sale.

Spreading the Word

If you want to stand a good chance of selling your number plate you’ve got to let potential buyers know that it is for sale. We promote the Simply Registrations website at every opportunity and advertise regularly in selected motoring publications such as What Car? Motor Sport and Auto Express. We also circulate our entire stock of personalised registrations among the trade which often results in other trusted dealers selling our stock via their websites or advertisements.

Common sense suggests that a registration which can be found on dealer websites, in adverts within car magazines and maybe even listed on Ebay will stand a better chance of selling than one which is photographed and carefully placed inside a newsagent’s window.

My fifteen years of buying and selling private number plates suggests you should allow at least two, or maybe even three years to sell a personalised registration. There will always be external forces at work which may help or hinder the sale of your plate, whilst price and desirability could also influence timescales. If you have a registration that you are considering selling, you may find this guide useful which provides further details on how to sell a private number plate.

We Buy Private Number Plates

Do you have a private number plate to sell?

Please read the following information carefully to get an understanding of what we buy (and what we don’t buy) for stock.

At Simply Registrations we primarily buy and sell high-value, dateless registrations with a retail value of more than £5,000.

We are always interested in hearing about any dateless registrations such as:
73 JS, 85 PK, 7 RCH or 79 SL.

We are keen buyers of top quality registrations with as few characters as possible.
Please get in touch straight away if you are selling a cherished registration similar to:
5 DH, JH 3, MC 6 or 22 S.

We don’t buy prefix registrations such as:
A15 GDT, B7 GUM, K19 SLB or J30 REP.

We also don’t buy current-style registrations similar to:
RO13 UST, WE51 ONE, FR11 NGE or PO13 SCH.

If you have a prefix or current-style plate to sell, you may want to read:
How to sell a private number plate.

Outright or immediate sale
Selling your registration to us for our stock is different to selling your registration on a commission basis. If we buy your private plate for stock you will receive payment as soon as the transfer is processed by DVLA – typically within 24 hours if it is already held on retention. This option is great for anyone who needs the money quickly and accepts the cash-in value of their plate is going to be a lot less than its true market value or retail price.

Commission sale or agency basis
If you have an attractive private number plate to sell and you want to achieve the best possible price, you may want to consider offering it for sale on a commission basis. We still prefer quality registrations regardless of whether we are buying outright or selling on a commission or agency basis, so the no ‘prefix’ or ‘current-style’ plate rule still applies. We will list your plate for sale on the Simply Registrations website and may include it in our full-page advertisements in several motoring magazines. There are no upfront fees and we only earn our commission when a buyer completes the purchase. The image below shows a recent full-page advert from Autocar magazine.

Autocar 4thFeb 2015

What Does Your Car Number Plate Say About You?

Big brother is watching – are you at risk of being ‘named and shamed’ using your registration plate as identification?

As modern technology becomes ever more sophisticated, many people are now feeling that ‘Big Brother’ is closing in. First we had CCTV recording our every move, then Automatic Number Plate Recognition cameras (ANPR) and now motorists have another arch enemy in the shape of that well-known car enthusiast, Jeremy Clarkson. Never known for his lack of opinions or shy and retiring ways, the Top Gear presenter has now taken to tweeting the registration plate details of bad drivers on the roads of Britain – but is he right to publicly declare both your bad driving habits and your unique car number plate?

Registration details are by their very nature in the public domain, used to put an individual identification stamp on every car on the road – but how would you feel if you checked your Twitter account one day to see that this well-known figure had declared you a terrible driver to all of his followers? Admitting to getting instant satisfaction from shaming drivers who commit a driving faux pas around him, Clarkson takes to the popular social media platform, Twitter, to point out their mistakes and publish the make of car and its number plate – often alongside his own pearls of wisdom on how their driving could be improved.

Some examples of his tweets include:

“Are you in Roehampton driving a yellow van reg M******? Oh dear, you’re not very good at it are you.”

“Silver Lexus P***** on the A3 this morning. Drop back from the car in front and you won’t have to brake every three seconds.”

Jeremy Clarkson Outing stupid drivers – or an unfair declaration of an innocent mistake?

According to Clarkson, this is the perfect way of outing stupid drivers while avoiding libel laws, something he admits that he can’t do in his magazine column – but does he really have the right to target individuals in this way? Clarkson feels that humiliating these drivers will make them think twice about their poor performance behind the wheel, especially when it could be dangerous to other road users. However, it also means that over 995,000 people who follow him on Twitter will know that you’ve irritated this defiant TV personality so much that he felt the need to vent his grievance publicly.

From a legal point of view, everybody is entitled to express an opinion online even if it also includes details of your registration – but it certainly won’t stop the drivers that he targets feeling pretty fed up at having been outed! This off-road rage also comes at a time where motorists whose cars are fitted with dash-cams are also taking it upon themselves to upload video footage of bad driving onto YouTube.

Do you agree with Clarkson?

The Internet has seen the world become a much smaller place and with the possibility of having your poor driving habits highlighted across the World Wide Web, could this actually act as some kind of deterrent to those who take unnecessary risks with their own and other drivers lives? Where do you stand on this latest development? How would you feel if a video or tweet was published, pulling you up on your driving performance? Is this a case of Big Brother going one step too far? Or is it a reasonable reaction to being tailgated or pressured on the road? Also, if you own a personalised registration plate, does this make you feel more vulnerable, due to you being more easily recognised through this kind of defamation?

You can follow Jeremy Clarkson via: https://twitter.com/JeremyClarkson

Warning following theft of blank DVLA Personalised Registration Documents

The Driver & Vehicle Licensing Agency (DVLA) today warned motorists to be on their guard following the theft of hundreds of blank personalised registration documents. The incident occurred at DVLA’s stationery supplier on the 20th of November 2012 and is being investigated by Northumbria Police.

Nine hundred blank V750 Certificate of Entitlement forms were stolen. The V750 is issued by DVLA to the purchaser of a personalised registration. In the wrong hands the certificates could be used to obtain false number plates, or more worryingly sold on to unsuspecting buyers who may believe they are buying the rights to a valuable private number plate. With the lowest price DVLA registration costing £250 a large-scale fraud could net the criminals a minimum of £225,000. The stolen V750’s have the serial numbers 5930101 to 5931000 but may have been altered to avoid detection.

The easiest way to make sure a Certificate of Entitlement is genuine is to use the ‘check validity’ feature via the DVLA Personalised Registrations website. To get access to the tool you must first register for an online account. After you have logged in, click on ‘check certificate validity’ and enter the registration and certificate number as shown on the from the V750.

The V750 Certificates weren’t the only items to be taken as part of the theft. Two thousand blank counterpart driving licences (D740) were also stolen at the same time. The D740 Counterparts are the documents that accompany the Photo Card Licence. DVLA has contacted vehicle hire companies to make them aware of the theft. Read the official announcement from DVLA.

Personalised Number Plates – Are You Getting the Right Information?

If you want some information on the subject of personalised number plates, you could ask a number plate dealer or maybe the Driver & Vehicle Licensing Agency (DVLA). A poor choice would be to ask someone who knows very little on the topic. It is the same for any subject really; if you want the real facts make sure you speak to someone who absolutely knows what they are talking about.

An increasing number of people turn to the internet when searching for answers. There is so much information available online and with hand-held portable devices such as mobile phones and tablets, it is now easier than ever to access the world wide web. The challenge when researching a topic online is again to ensure that the author of the content is suitably qualified to provide you with accurate information.

To illustrate my point, I could write a blog post today claiming that the government has decided to allow British motorists to choose their own car registrations and they no longer have to follow the standard format of letters and numbers. Personally, I wouldn’t allow such a statement to appear on any pages of the simplyregistrations.co.uk website as it is pure fiction and completely made-up. Along with other website owners, I have a responsibility to ensure that the content published here is useful and factually correct.

Google search for personalised number plates

If you perform a search for the term ‘personalised number plates’ using the Google search engine, within the first few pages of results you will find articles published on websites belonging to Drivers Edge UK and Privilege.

Drivers Edge Logo

Drivers Edge UK is an online community for new & young drivers whilst Privilege provides online quotes for car and home insurance.

What you need to ask yourself is; would you expect both websites to be trustworthy sources of information on the subject of personalised number plates?

Unfortunately, both companies fall very short of my expectations on what constitutes good information on their chosen subject. Let’s first of all take a look at the article provided by Drivers Edge, titled: Personalised Number Plates Explained.

Quote: “Be warned that you should only apply for your personalised registration through companies who are recognised by the DVLA as a registered number plate supplier.”

Registered number plate suppliers are exactly that; businesses that sell or make number plates and are registered with the DVLA. Most registered suppliers are car dealerships and motor spares retailers, not to be confused with dealers of personalised registrations. This blog post explains how to buy a set of number plates. If you are looking to buy a personalised registration, the DVLA provides links to several cherished number dealers on this page.

Quote: “There are believed to be approximately 30 million recognised number plate suppliers in the UK…”

DVLA provides a list of registered number plate suppliers of which there are currently 38,576. There is a big difference between thirty-eight thousand and thirty million. Let’s be honest, it would be unusual to have 30 million suppliers of any product amongst a population of 60 million people.

Quote: “…purchasing the right to the registration will usually cost you from £255, and, you will also have to pay a £80 assignment fee.”

Entry-level personalised registrations can be purchased direct from the DVLA for £250 which includes the £80 fee.

I wish I could say the article improves after the first four paragraphs but unfortunately it is not the case. Anyone visiting the Drivers Edge website and reading the article on personalised plates is not going to increase their understanding of the product. If anything they are likely to end up being confused having read a poorly researched article.

Privilege Logo

Let’s move on to the article provided by Privilege, simply titled: Personalised Number Plates. This article is presented further down the same results page from Google, even though the information contained within it is much more accurate. There is still room for improvement however as these quotes demonstrate.

Quote: “…DVLA also has a telesales service”

The DVLA closed its telesales service in October 2010. The only way to buy a registration direct from DVLA is via its e-commerce website.

Quote: “…when you buy a personalised plate, you need to contact the DVLA to get a Certificate of Entitlement, also known as a V750.”

This statement requires clarification. If you purchase your registration direct from the DVLA you will automatically receive a V750 Certificate of Entitlement by post. If you buy from a dealer or from an individual you may receive a V778 Retention Document. In a private sale it is the seller or vendor who is responsible for providing you with the documentation, not the DVLA. This article explains the difference between a V750 and a V778.

Quote: “The Certificate of Entitlement will allow a registered number plate supplier to physically make up the plate for you…”

Again just to clarify, whilst you can go to a number plate supplier to get the plates made, you have to apply via a DVLA Local Office to assign a registration to your vehicle. It is not just a case of buying a set of plates and attaching them to your car.

In fairness to both Drivers Edge and Privilege, the subject of personalised number plates is not an easy one to explain, especially in the form of a single-page article. There are lots of different scenarios to consider such as; how to assign, transfer or retain a personalised registration, understanding the associated DVLA application forms and of course knowing which documents need to be submitted when carrying out any of the above tasks.

 

One of the best sources of accurate, online information covering the many aspects of personalised number plates is the recently launched GOV.UK website. You can access the personalised vehicle registration numbers section here. If you can’t find the answer you are looking for, there are several ways to contact DVLA.

If you are going to search for answers online, make sure the website you visit is a trusted source of information. Answers to some of the most frequently asked personalised number plate questions can be found here.