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 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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