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Cherished number plates - everything you need to know

Written by RegCompare| July 12, 2022| Advice

Cherished number plates - everything you need to know

The word “cherished” is often used within the world of private number plates, but what exactly does it mean and are cherished plates any different from other private number plates? We answer these questions and more below.

What is a cherished number plate?

The term cherished number plate is often used to describe dateless number plates dating back to pre-1963. Due to their age they are of particular interest to number plate enthusiasts and can be held in a higher regard hence the term “cherished”.

Where can I buy a cherished number plate?

Any number plate agent, for example Speedy Reg, will offer a range of cherished number plates for sale and so a number plate agent is the best place to start your search. Once you’ve found your perfect cherished number plate for sale with an agent, be sure to compare cherished number plate prices with RegCompare to make sure you have found the agent with the lowest price.

How do I transfer a cherished number plate to another vehicle?

You can apply online to transfer a cherished number to another vehicle. You will need the log book (V5C) of the vehicle you want to transfer the number plate to, together with your V750 or V778, and a payment method to pay the £80 fee due to the DVLA.

How do I put a cherished number plate on retention?

Transferring your cherished number plate to a retention certificate allows you to retain ownership whilst not having the number plate on a vehicle. You may want to do this if you sell your vehicle without immediately buying a replacement vehicle. The cost of this type of transfer is also £80, and the process can be initiated online with the DVLA. Once the process has been completed you will receive a certificate that states that you have the right to assign the cherished registration number to a vehicle for the next 10 years.

How do I sell a dateless number plate?

If you already own a cherished number plate and you wish to sell it, then you will need to decide between selling the number plate via an agent or finding a buyer yourself

If you decide to sell your cherished number plate via an agent, then they would typically complete all the paperwork related to the private reg transfer on your behalf once they have found a buyer.

If you decide to sell the cherished number plate yourself, then once you have found a buyer you will need to arrange to transfer the private reg to the new owner, the process of which we have covered above.