An individual license plate can add a personal touch to your car. Apply online or via post for one, and once approved you’ll be sent both the V5C logbook and a V778 retention document.
Process of setting up an LLC can be relatively straightforward, however there are certain points you should keep in mind before starting.
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How long does it take?
Implementing a private plate as soon as you purchase your car requires two steps. First, place the registration on retention, either online or by post. Afterwards, legally install and update your insurance coverage with your new plates.
If you are purchasing a private number plate as a present for someone, the process can be completed easily through Swiftreg’s database. Simply search and order it either directly for yourself or to be sent directly to them – they will then receive their V750 Certificate of Entitlement which they can then use when having new plates made and fitted.
Leasing a car requires taking several steps. If you plan on keeping the vehicle at the end of your lease agreement, and using PCP financing, then transferring its registration before it ends should be arranged – either online or via post – at least two months in advance of when your contract will come to an end.
As dealers are generally less picky than individual car buyers, this should not make your car unsellable; in fact, it may even help increase its asking price as it will become more unique and personal.
Do I need an inspection?
Private plates (sometimes known as cherished number plates ) offer an eye-catching way for you to express yourself or increase the resale value of your vehicle on the road. A personal plate allows you to express yourself, showcase your personality or even boost resale value!
Notably, if you’re leasing a car and wish to apply for a private plate then first seek approval from your finance company. Since only registered car keeper can alter registration numbers of their vehicle and as your finance company would own this one too it is imperative that they agree.
Finance companies typically handle this transfer with the DVLA on your behalf and once completed will notify you so you can place your personalised plates on. However, please be aware that if your car is written off or scrapped without taking its plate off first then its number will become irretrievably lost as the DVLA do not reissue previously used numbers.
Note that a number plate that is more unique or obscure will increase in value; less-common plates tend to be harder to locate and thus more exclusive.
Do I need to pay a fee?
Private number plates, commonly referred to in the UK as cherished numbers, can help your car stand out on the road and are also a great investment that may increase in value over time.
Personalised number plates allow individuals to select their own number plate within certain guidelines set forth by the DVLA, similar to a unique username on websites or gaming servers; only theirs has legal meaning and cannot be used by anyone else. People purchase them for various reasons ranging from making their car more noticeable to expressing themselves and showing their personality.
Once you’ve decided to add one of your special plates to your new car, the process should be fairly easy. You can either apply online or by post; provided your vehicle meets certain criteria and is registered under your name. It is possible for DVLA officials to inspect your car prior to assigning it a personal registration number, although such instances are extremely rare.
Once your application is processed by the DVLA, they’ll send documents via Special Delivery so you can install your new registration on your car (doing so prior to this point is illegal). They’ll also provide a V750 or V778 form as proof of ownership – be sure to keep this safe as this could come in handy should claims arise later on!
Do I need a V317 form?
Technology has enabled us to streamline processes and forms. One such example is placing your private plate on retention – now made even simpler with recent changes by the DVLA that allow this to happen online!
No matter whether you want your plate retained immediately or at some later date, or assign it to another vehicle at some point in the future, you must fill out and submit the V317 form online. After doing this, you’ll receive either a new Certificate of Entitlement (V750) or Retention Document (V778) as proof.
This process makes transferring your personalised plate between vehicles much simpler, and even when selling one you currently drive. For those buying cars on PCP finance agreements, this allows them to transfer their registration number before their agreement comes to an end.
However, if there is any family or sentimental value attached to the vehicle it was on, remove the plate first before disposing of it. This is necessary because the DVLA don’t reissue numbers once issued; once assigned they cannot be assigned again. Note that very occasionally the DVLA may require an inspection before your private plate can be removed; they will notify you accordingly if this occurs.
Do I need a V778 form?
If you want to keep an admired number plate without attaching it to any vehicle, retention may be the way to do it. Retention applications can be submitted either online or via post; PS80 will secure usage rights for 10 years; the process should take four to six weeks; once completed a V5C document will be sent directly through the post.
The V778 Retention Certificate is green in colour, and shows who holds the rights to use the number plate – typically this would be either the Grantee or an individual who purchased it (such as private buyers or family members who are gifting it as gifts). There may also be nominees listed if someone else purchased or received one as an addition – often this occurs if purchasing through another means such as auction or gift giving is involved.
As soon as a V778 Retention Certificate is granted, its Grantee can assign it to any vehicle during its ten year lifespan. However, the vehicle assigned must first meet certain criteria: fully taxed and roadworthy with current taxes paid up-front as well as having undergone either an MOT (Ministry of Transport) emissions analysis test annually or heavy goods vehicle (HGV) test if 3.5 tonnes+ in weight; in addition it must have an insurance policy covering both its value as well as any passengers onboard.
Do I need to send the V778 form to the DVLA?
A V778 retention document is a green government form that holds onto rights to private number plates until they can be assigned. You can apply online or by mail and usually receive your number plate within days after obtaining a V5C log book.
Once transferred, your registration can either be used as an option on a new car or sold. But be mindful that if it hasn’t been attached with proper documentation by the time your insurance company pays out following an accident claim payout, your cherished number could be returned to DVLA – meaning all its benefits will have been forfeit.
Note that before part exchanging or selling your car with a dealer, selling it on eBay or giving as a gift or mounting it onto another vehicle you must register your V750 or V778 number plate as proof that it belongs to you; these documents provide the reference numbers needed in these transactions.
To qualify for either of the V750 and V778 grants, your vehicle must have been on the road for at least five years and fully taxed and fully insured, as well as successfully pass an MOT test (Mobility of Transport test), road-worthiness analysis or emissions test conducted every year or by heavy goods vehicle testing facilities.