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Avoiding Liability Why You Should Retain Your Vehicle's Number Plate

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Home | Articles | Avoiding Liability Why You Should Retain Your Vehicle's Number Plate

Avoiding Liability Why You Should Retain Your Vehicle's Number Plate

Avoiding Liability Why You Should Retain Your Vehicle's Number Plate

When the time comes to sell your vehicle, it's essential to carefully consider the transfer of ownership and associated responsibilities. While the car itself is the primary focus, the number plate often gets overlooked. However, retaining ownership of the number plate can safeguard you from potential legal and financial liabilities.

Liability Attached to Number Plates

Number plates are not merely identifiers; they represent a legal bond between the vehicle and its registered keeper. This connection extends beyond the physical car, encompassing any traffic violations, parking fines, or other offenses committed while the plate is attached.

If you sell your car with the number plate, you're essentially transferring ownership of the plate along with the vehicle. This means that you remain liable for any offenses committed with the number plate, even after the vehicle has been sold.

Escaping the Web of Liability

To protect yourself from these unintended consequences, it's crucial to retain ownership of the number plate until it's formally transferred to the new buyer. This ensures that you're not held responsible for any actions taken with the plate after the sale.

The Transfer Process

The transfer of vehicle ownership is typically handled through the completion of a V5C vehicle registration certificate and the payment of relevant taxes and fees. However, the number plate transfer requires a separate procedure.

To transfer the number plate to the new owner, you must apply for a 'Retention of Registration Mark' (ROR) certificate. This certificate serves as proof of ownership and authorizes the new buyer to attach the plate to their vehicle.

Benefits of Maintaining Plate Ownership

Retaining ownership of the number plate offers several advantages, including:

Legal Protection: By keeping the plate, you safeguard yourself from any legal repercussions arising from the vehicle's usage after the sale.

Financial Security: You retain the potential value of the number plate, which can be sold separately for a significant sum, especially if it's a personalized or vanity plate.

Future Flexibility: If you decide to repurchase the vehicle or re-register it in your name later, you can easily do so without the hassle of transferring the plate.

Guidelines for Retainers

If you choose to retain the number plate, follow these guidelines:

Apply for the ROR Certificate: Upon selling the vehicle, apply for the ROR certificate and provide the new owner's details.

Maintain Plate Possession: Retain physical possession of the number plate until the sale is finalized and the ROR certificate is issued.

Notify the DVLA: Inform the Driver and Vehicle Licensing Agency (DVLA) of the change in ownership and the retention of the number plate.

Store Plate Securely: Keep the number plate in a secure location to prevent theft or misuse.

Transfer Plate on Resale: If you sell the number plate separately, ensure that the transaction is done through authorized channels and all legal formalities are met.

Conclusion

Selling your vehicle doesn't have to mean surrendering ownership of the number plate. By retaining the plate, you protect yourself from legal and financial risks, maintain the potential value of the plate, and retain flexibility for future vehicle ownership. Follow the recommended guidelines to ensure a smooth and secure transfer process. 

How popular any name or initial it contains is: You are more likely to get good money for a registration plate that spells out a name like 5UE than you are with a more unusual name, simply because there is more demand for Sue (or Dave or Mel) than there would be for Hector, Primrose or Zebedee

How valuable the letters and numbers the plate contains are: in terms of numbers, lower numbers with fewer digits tend to be the most valuable when reselling personalised number plates, making BOB 1 more valuable than BOB 379. Sequential numbers (123, 456 etc.) and repeated numbers (444, 88) are more popular than random combinations, and special occasion numbers like 18 and 21 can also boost a number plate’s value a little. In terms of the letters in a number plate, the likelihood of a series of letters being a name or a person’s initials increases the value of the plate, too.

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