DVLA number plates are big business for car enthusiasts who snap up the latest designs and unique messages to display on their cars. It is believed six million personalised plates have been sold so far in the UK with motorists splashing the cash to stylise their car. The new research from used car supermarket Car Shop has also revealed the most expensive DVLA number plates sold by the firm. Personalised plates can sell for anything from £250 but the more unique designs and sought after combinations can hit the hammer for thousands of pounds.
The group’s research showed the number plate ’25 O’ was the most expensive sold at auction with a price tag of over £500,000.
‘F 1’ was sold for £440,000 as other small combinations such as ’S 1’, ‘1 D’ and ‘M 1’ all sold above the £300,000 mark.
‘VIP 1’ may be a stylish plate design for a mega night out which will ensure your party arrives in style, but this would come at an eye-watering cost of £285,00.
Also in the top 10 were ’51 NGH’ at £254,000, ‘1 RH’ at £247,000 and ‘K1 NGS’ at a staggering £231,000.
Completing the list was simply the numbers ‘1 0’ which hit the hammer for £170,000.
The group’s research also shed light on how number plates are developed and the meaning behind each character.
Leo Nelson, Marketing and Digital Director aitCarShop said: “Car registration plates are a lucrative business for the DVLA, so it’s interesting to discover just how much personalised reg plates have been sold for in the UK.
“Personalised reg plates are a unique way to male your car more personal to yourself and despite some of them selling for thousands of pounds, can be bought for as little as £250.
What do number plates mean?
The group found out exactly what each number plate character was used for on a standard DVLA plate and why some characters were standard despite drivers wanting a unique design.
The first two letters of a registration plate identify the location where the vehicle was registered and each area will have a unique code.
The third and fourth letters on the plate represent the age of the vehicle, but this cannot be made to look younger than the actual age of the vehicle
The last three letters are either randomly selected or can be tweaked for a unique message or phrase.
New registration plates
The DVLA launches their new number plates twice a year and has just released their latest designs in the last few weeks.
New number plates come out in March and September each year and both have a unique code based on when the car was registered.
If a car hit the roads between March and August it will have the year as the age identifier, but 50 is added to those registered between September and February.
The current number plate age identifier is ’69’ and this will be used on all cars that first hit the road between now and the start of next year.
Published at Thu, 17 Oct 2019 07:20:00 +0000