DVLA Smart Number Plate System Set Up

Reg Plates Article

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.

So what are the top selling number plates in the UK? The DVLA has been selling private plates to UK motorists since 1989. During this time, there have been a number of records set, but most of the top 10 have been bought in the past 15 years. Here’s what currently makes the list:

25 0 – A Ferrari dealer bought this for £518k in 2014. It is now on a £10 million Ferrari 250 SWB.
F 1 – A businessman, Afzal Khan, bought this for £440k in 2008 and put it on his McLaren-Mercedes SLR.
S 1 – This was bought in 2008 for £404k by an anonymous buyer.
1 D – Businessman Nabil Bishara bought this plate in 2009 (before One Direction was formed, so it is not a reference to the band) for £352k.
M 1 – Businessman Mike McCoomb bought this number plate in 2006 for £331k, apparently for his son, who was 10 at the time.
VIP 1 – Chelsea owner and businessman Roman Abramovich bought this plate for £285k in 2006.
51 NGH – This number plate, which looks like the surname Singh, was sold in 2006 for £254k.
1 RH – Businessman Robert Haverson bought this in 2006 for £247k.
K1 NGS – This reg plate, which looks like the word “kings”, was bought anonymously in 1993 for £231k.
1 0 – This very simple but striking number plate was bought anonymously in 2009 for £170k.

These are large amounts of money, but they are all small compared to the top-selling number plates found in other parts of the world. Abu Dhabi, in the UAE, has the record for the most expensive number plate ever sold. That number plate was a simple “1”. It was bought in 2008 by businessman Saeed Abdul Ghaffar Khouri for £7.25 million.

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