If you are looking for a custom or private number plate, you may be worried about the potential cost. These plates can go for a high price, especially if the number and letter combination you are looking for is in high demand. However, there are some ways you can shave a bit off that price – if you know where to look.
Here is what you need to know about DVLA plate auctions, and how they can help you find cheap private number plates:
What are DVLA Number Plate Auctions?
DVLA number plate auctions are official events held by the DVLA – the UK’s Driver and Vehicle Licensing Agency – to sell private or custom number plates to the highest bidder. These events sell a wide range of plates, including everything from simple initials to those that make fun references or hold special meaning to drivers. You never know what plates might be available, and the most sought-after combinations can fetch impressively high prices. For lesser known plate numbers, though, it can be a great way to save some money and get cheap private number plates.
Why Participate in a Number Plate Auction?
There are several reasons to participate in a number plate auction, some of which include:
- Exclusivity: Many plates available at DVLA auctions are not available anywhere else. These can include plates that feature specific names, initials, or words that have a personal significance. This exclusivity is one of the major reasons people choose private plates in general, and an auction is a great way to get them affordably.
- Investment opportunity: Personalized plates can be a good investment. Some plates appreciate over time, and securing a plate at auction could result in a significant return on investment if you decide to sell it later.
- Personalization: A unique plate allows you to personalize your vehicle in a way that reflects your personality, interests, or status. It is a chance to stand out from the crowd no matter where you go – and that is priceless to many drivers.
- Memorability: A unique plate is easier to remember. This can be useful for personal or business reasons. For example, a business vehicle with a memorable plate can serve as an effective branding and marketing tool.
What to Expect from a Number Plate Auction
To find out more about available DVLA auctions, begin by visiting the DVLA website. If there is no auction scheduled, you can set up alerts to get more information as soon as it is available. You can also check out the social media pages associated with your local DVLA to keep up with these events, or request DVLA catalogues to browse on your own time.
There are several ways to attend or participate in DVLA auctions. These fall into three primary categories, including:
- In-person or live auctions. These auctions are held in numerous locations across the United Kingdom and offer a limited range of items during each event. They take bids and sell their stock on-site, offering a fun, real-time bidding experience. Some of these auctions will allow phone or proxy bidding, but not all.
- Online auctions offer a bidding experience that is more relaxed, as participants can place bids from anywhere. They may operate via livestream, chat, or other platforms and are generally open to more bidders than in-person auctions. These do require a stable internet connection, since all viewing and bidding happens via the internet.
- Timed auctions. These are usually online auctions but may be hosted from a dedicated location. They generally display items and accept bids over a period of several days. This allows for more people to participate who may not be able to be part of a live auction.
Each of these has its own advantages and potential drawbacks. Choosing the right auction format is the best way to ensure you will be comfortable during the process. Some formats move too quickly or can be overwhelming to some participants, while others are not convenient when compared to their schedules. Thankfully, these three different formats offer plenty of options for anyone hoping to catch a sale.
Other Ways to Get Cheap Private Number Plates
Number plate auctions are not the only way to get cheap private number plates. One of the easiest ways to get a private plate is to purchase one from a third-party company that specializes in these sales. This offers a fast, direct way to get what you want. This saves time and effort that would otherwise be wasted chasing auctions, as well as the money you might have to spend as bids are racked up.
If you need a private plate for a gift on a deadline or simply do not want to spend time pursuing auctions, you can also purchase yours directly from the DVLA. However, this can limit your choices and make it difficult to get the letter and number combination you want. The DVLA also does not offer specials or discounts, which can make for higher prices. Check out a third-party site for harder-to-find combinations and grab the plate you really want – without spending a fortune.