Home Money DVLA launches new personalised registration numbers with over 150,000 available

DVLA launches new personalised registration numbers with over 150,000 available

0 comments
Unique opportunity: The new license plates with prefix will go on sale on October 1 and will have a fixed price, so there will be no bidding wars.

The Driver and Vehicle Licensing Agency (DVLA) has released more than 150,000 new personalised registration numbers, in a unique opportunity for number plate enthusiasts to acquire a unique number plate.

Prefix style registration numbers are priced at a fixed price only, meaning there will be no bidding wars when the plates go on sale.

Visits began on Tuesday, September 24, and plaques will be available for purchase starting Tuesday, October 1.

The license plates are brand new – they have never been assigned to a vehicle or offered for sale before, making this a unique opportunity for license plate hunters.

Unique opportunity: The new license plates with prefix will go on sale on October 1 and will have a fixed price, so there will be no bidding wars.

Prefix formats are highly desirable as they include a letter from A to H, followed by 25 or 326, a space, and then three more letters. An example of this would be A25 CAR.

New prefixes that can be registered include: A25 CYA, B25 TOM, C26 DAN, D25 OMG, E26 CAT, F25 CBR, F26 ORD, G25 GEM and H25 NRY.

These license plates are sure to be popular with motorists because there is a chance to get a license plate with your name, a funny saying, or a word that has a personal connection to you.

And because these plates are sold at fixed rates, rather than by auction, with prices starting from just £250 (including VAT and the £80 allocation fee), they are much more affordable than private auction plates.

The DVLA runs monthly timed online auctions where bidders can compete for coveted private licence plates.

But since there is no price cap, the cost of the plates can skyrocket.

Prefix license plates were first issued on August 1, 1983 and are the most popular type of plate in the private license plate market.

The DVLA’s top 10 most expensive licence plates of all time all cost more than £150,000 (excluding taxes and fees) and were sold in 1989, the year the agency began auctioning off private licence plates.

The most expensive DVLA registration ever sold was the ’25 O’, which fetched £400,000 (excluding taxes and fees) on 27 November 2014.

You can use the DVLA search facility to search for a word or a combination of numbers and letters. For example, enter your name and the search will provide the closest match.

You can use the DVLA search facility to search for a word or a combination of numbers and letters. For example, enter your name and the search will provide the closest match.

The DVLA sold these personalised number plates for the highest prices last year

The DVLA sold these personalised number plates for the highest prices last year

Ahead of the upcoming sale of personalised number plates, Jody Davies, DVLA’s Head of Personalised Number Plates, said: ‘Whether it’s your name, your hobby, your occupation or if you’re a car enthusiast, why not give your vehicle that finishing touch by purchasing a personalised number plate?

‘This exciting upcoming release is a great opportunity to get your perfect registration in the highly sought after prefix style for one fixed price.

‘The vast majority of the 150,000 new numbers are priced at £250 each. There is a huge selection to choose from and, with Christmas just around the corner, you could pick up a bargain for yourself or your loved ones.’

From 10am on Tuesday 1 October, buyers will be able to purchase prefix plates via the DVLA website.

You can use the DVLA search facility to search for a word or a combination of numbers and letters.

Explanation of vehicle registrations:

How number plates are distributed and what the different elements mean (Source: DVLA)

How number plates are distributed and what the different elements mean (Source: DVLA)

There is a format for DVLA records, which includes information for the DVLA to track a vehicle on their systems.

The first letters indicate the region where the vehicle is registered.

A sequence of randomly generated letters then concludes the end of the number plate, which is how the DVLA identifies the particular car as they are completely unique to each vehicle.

The private license plate market is big business

By 2023, companies operating in the sector valued the UK personalised number plate industry at over £2 billion.

Jon Kirkbright, 45, is the founder of Plate Hunter

Jon Kirkbright, 45, is the founder of Plate Hunter

A total of 17,823 registrations were sold at DVLA auctions last year, with buyers spending almost £49m (including taxes and fees).

Jon Kirkbright, Sales Director at number plate supplier Platehunter, says: ‘The second-hand number plate market continues to grow from strength to strength and 2024 will be no different.

‘People see that the worst plates sold by the DVLA are selling for the same price they paid for a better one at auction years ago, and so they are now asking double or triple the price for their plates on the second-hand market.’

Platehunter saw a 25 percent increase in revenue during the first 17 days of January compared to last year, and appraisal requests per day increased by 100 over last year.

money" data-version="2" id="mol-44febba0-7a72-11ef-a713-e3f2697ffa9a" data-permabox-url="https://www.dailymail.co.uk/money/cars/article-13885389/DVLA-releases-new-personalised-registration-numbers-150-000-grabs.html"> What to buy a private license plate? Investment tips that you should know

1. Names, initials and words

License plates that have names, initials and words written on them – or almost written on them – are the most common reason why people spend a lot of money on private license plates.

2. Symbols of power

Drivers with private license plates that resemble status such as success, money or influence, such as ‘BO55’, use short words or acronyms to project the image they want of themselves.

3. How to hide the age of a car

While you can’t customize and display a license plate that makes your car look newer than it is, you can affix a private license plate that hides the age of your car.

You do not need to drive with a DVLA number plate that identifies your age

4. Sentimentality

For some drivers, a private license plate is the best way to remember and commemorate special dates, events or loved ones.

And because license plates evoke personal memories, many believe it is worth paying top dollar for the personalized license plate combinations they really want.

Why invest in a piece of plastic?

– Buyers rotate dishes very quickly

– Unlike investments such as cars or works of art, there are no storage costs.

– You can even drive your car with the license plate on without losing any value.

– License plate provider Platehunter saw an increase of 100 valuation requests per day compared to last year

– Companies operating in the sector valued the UK personalised number plate industry at over £2bn by 2023

– The second-hand market has prices two to three times higher than the new market due to demand – huge resale value

– Plates can double in price in just 12 months: quick returns, minimal effort

Some links in this article may be affiliate links. If you click on them we may earn a small commission. This helps us fund This Is Money and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationships to affect our editorial independence.

You may also like