DVLA Smart Number Plate System Set Up
The introduction of a new smart vehicle licensing system by the Driver and Vehicle Licensing Authority [DVLA] would raise the cost of vehicle registration.
Though authorities are unable to say exactly how much it would, it is expected that the new technology and some other variables would contribute to the price increase.
Speaking to JoyNews, CEO of DVLA, Kwasi Agyeman Busia, said the pricing of the smart system will be determined by analyses from consultants from the sub-region. This should be completed by the 18th of July.
The DVLA as part of its digitisation process, is replacing the existing vehicle registration regime with a smart card service, to reduce human-to-human interaction in registering vehicles and also do away with paper documentation.
Digital documentation have already been done on vehicles from 1995 to date and starting from July 18, all vehicle registration is expected to be paperless as details will be transferred onto a smart card.
The Authority expressed optimism that the initiative will solve the problem of fake documentation on vehicles and ownership in the country.
"At any point in time, the one source of truth for a vehicle's owner is DVLA so for example if you got to the bank and you're using your car as a collateral, what we have now is the bank will consult DVLA through a mechanism we are establishing with and we are the only source to say this vehicle belongs to John/Jane Doe.”
The wide-ranging reforms by the DVLA which is to ensure that all drivers have been properly certified to handle vehicles will also see the phasing out of existing drivers' licence to be replaced with new ones with better security features to curb duplication.
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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