unique visitors counter DVLA earned nearly £1.2bn by selling over 2.5m private number plates in five years – soka sardar

DVLA earned nearly £1.2bn by selling over 2.5m private number plates in five years

Alfa Romeo forced to make design change by new number plate law
Alfa Romeo forced to make design change by new number plate law (1)
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    THE DVLA has earned nearly £1.2billion by selling 2,613,830 private number plates in five years.

    The huge windfall is up by nearly a third on the £347million in 2015-2019.

    Many UK car number plates.
    Alamy

    The DVLA has earned nearly £1.2billion by selling over 2.5million private number plates in five years[/caption]

    Plate prices start at £250 but the most desirable fetch up to £500,000 at DVLA auctions.

    Collector Neal Bircher, 61, of Uxbridge, West London, says the surge is down, in part, to Covid when many wanted new hobbies and investments.

    The dad of two, who owns hundreds, said: “The increased supply has increased visibility and increased demand.

    “As well as the £80 transfer fee to that the DVLA set in 1983 to transfer plates and that was a lot at the time but they’ve kept it the same since.

    “The retention certificates so that you don’t have to have it on the vehicle has made it easier to collect too.

    “Finally, I think it’s down to Covid.

    “A lot of people picked up new things and new investments.

    “That increased the general desire for individuality.”

    People are only just realising what the letters on their number plates really mean and it's blowing their mind
    Reg Discovery
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