Electronic Number Plates A Possibility
New electronic number plates will be issued starting next month, about three months later than the Cayman Islands government initially planned.
The Department of Vehicle and Drivers’ Licensing announced Monday that some 2,400 temporary vehicle tags that have been issued in recent months will all be replaced in May. The temporary tags were issued in anticipation of the upcoming effort to switch to the electronic number plate devices.
After May, the department will begin replacing the older license plates and vehicle registrations free of charge when drivers bring in their vehicles for the typical registration renewal.
The new registration plates, which have the numbers stamped at the Department of Vehicle and Drivers’ Licensing facility, are “tamper proof” – they cannot be removed for use on other vehicles.
In addition to the new license plates, corresponding vehicle registration coupons must be installed inside the windscreen. There are specific instructions for doing this, which the department said will be provided with the new license plates.
“I thank the public for their patience,” DVDL Director David Dixon said Monday, adding that the license plate vendor, Tonnjes, has been in Cayman recently, managing the setup of the new licensing system.
The electronic vehicle licensing system has generated significant controversy since its implementation was announced in the Legislative Assembly last summer. The new system cost $1.5 million, according to the vehicles department.
Remember that, despite valuations and estimates, a private number plate is only worth as much as someone will pay for it. You may have loved your personalised number plate because it contains your initials, for example, but if there aren’t many other people with your initials, the plate’s value may be minimal. On the other hand, if you have a plate whose letters contain common or popular names, you may well find that it is in high demand on the market.
Some criteria to consider when valuing a personalised car number plate
Take into account the following criteria when trying to come up with a valuation for your private number plate. You need to look at them all together if you want a realistic price, so you can’t just pick and choose the factors that favour your number plate!
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