Have you ever seen a plate number that is unique? One that catches your eyes because it is not common? These are the type of plate numbers that are very expensive to have. It is normally a way for some to show their status. Although, there are also others that are personal that they might have went out their way to purchase those plate numbers.
If you are any of these, you are more likely to keep it, regardless if you are selling the car that it is currently attached to.
Now the question is: Is it possible to transfer it to another car?
Yes, it is, and here is how.
Before anything else, you have to fill up a form handled by the DVLA. This form is called the V317, and it has two options. The first one gives you the power to transfer the plate number straight into a vehicle. The second one, gives you a little bit of leeway for it allows the registrant to hold on to the plate for 10 years without the need to transfer it immediately.
The form can be filled up personally or online.
The next step is to make sure that the vehicle has all the necessary requirements for the transfer to happen. This includes:
• V5C Registration
• Road Tax or a SORN declaration against it
• Ready to be inspected for roadworthiness
Lastly, the registration should not let the car appear younger than it should be. This means that year specific plates are prohibited for use.
Through all this, it is essential that you have the V5C documents for both vehicles for the process to go through.
RETAINING A PLATE NUMBER
For this to happen, it is vital that you fill up another part of the form. It will still ask the same information as previously mentioned, but this time, you need to include the information of whosoever will be keeping the registration. If this is not done, whoever is registered as the keeper of the vehicle will receive the documents for retention.
This form is called the V778. It will be the same document that you are going to use once you are ready to transfer a registration over to the new vehicle.
Processing fee is normally around £80, and it will take around two weeks to be completed. Although, there are cases when it could take longer. This normally happens if the agency wants to inspect both cars.
THE SMALL PRINT
There are small prints involved when transferring a registration. This normally includes, 1) The should have been taxed for the last five years. If it was SORNed for more than five years, then, a tax needs to be paid, and 2) Number plate with a Q or a QNI prefix cannot be transferred.
In addition, you are not allowed to perform a transfer if the vehicle in question was already sold before applying for a retention of papers.
It is also vital that you do not remove the plate before the car is confirmed to have been destroyed. If you do, then you lose your right to the plate as well.
License plates can either be too sentimental or too expensive to let go, especially customized ones. That is why knowing at least this is a huge help to anyone who wants to do the same.