DVLA Number Plate Auctions
Are you a cat lover with a few hundred quid to spare? How about a huge Dennis the Menace fan keen to show your appreciation via the medium of your motor? Well you’re in luck as the DVLA – the body in charge of car registrations in the UK – is holding 2017’s first live auction of registration numbers this week and among the plates on offer are WH15 KER ( yours for a starting price of £700) and BE11 ANO (a mere £400). The event – which starts on Wednesday – will see a total of 1,500 personalised registrations being auctioned to members of the public. The registrations on offer have been chosen by DVLA to suit all tastes, styles and budgets and range from plates that reflect names such as EL17 OTT, HA15 RRY and PA14 ULA through to quirkier offerings such as OUR 848Y, OLD 800K and YOU 105E. And fans of Harry Potter could find themselves spellbound by POT 110N which carries a reserve of £250. The agency will be aiming to build on the success of its live auction programme in 2016, which raised £25.6 million through five sales – setting a new record for a second consecutive year. Last year, the total sales of personalised registrations by the DVLA surpassed £147m, taking the total amount raised since the sales began in September 1989 to £2.4 billion. Sales by the agency suggest that interest in personalised plates has soared in recent years with a 150 per cent increase of registered bidders for its live sales since 2011. On average 9,500 customers com[pete for lots per auction. Adam Griffiths, of DVLA Personalised Registrations, said: “It’s been nearly three months since our last live sale, and I am really excited by our first sale of 2017 where some really great registrations are available to bid for. We have experienced two successive record-breaking years and, when you look through the catalogue at the registrations we have compiled for this sale, I am very hopeful that this success will continue.” He added: “Bidding in person is by far the most popular way to buy a registration and it is at the auction where you will find the real atmosphere – it’s a great day out and we make the experience as enjoyable and friendly as possible. If you can’t make it to the auction we offer free telephone, internet and absent bidding facilities”.
How close a series of letters or numbers are to a real name of word: if the match quality is high (and the numbers and letters are very convincing in making a popular word), the value of the registration plate will be higher. This means that a match like 5IMON, for the name Simon, will be worth a lot more than a more obscure set of letters and numbers that are not as convincing a match, such as S17 MMM for the name Sam.
The style of the plate: this means establishing if it is a new-style plate, an older-style format or if it is dateless or Irish, for instance. Other options are that it is a prefix-style plate or a suffix-style plate. New-style number plates, which have been produced since 2001, tend to be the least valuable because they are a bit less appealing to some collectors, plus the rule about not having plates that are newer than your car can also come into play, putting people off from buying a newer-style plate for their older car. Prefix-style number plates, which were in production between 1983 and 2001 can be more popular as more vehicles are entitled to have those licence numbers, and they may have fewer characters in total. Suffix-style plates, issued from 1963 to 1983 are relatively rare, which means they can attract higher prices than prefix-style plates and newer designs. Dateless number plates, also known as cherished number plates, were produced between 1903 and 1963 and are nearly always the most valuable number plate configurations; they have fewer digits and their dateless nature means that people can hide the age of their car. Irish number plates are similar to dateless number plates, especially because they don’t have a year identifier. They also tend to be cheaper than other types of vehicle registration plates.
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