If you’ve ever been stuck in traffic behind a car with a unique, amusing tag, you may have thought about purchasing personalized number plates for yourself.

 

Many people would love to own a vehicle with a personalized number plate because it stands out among the lot. Like any accessory in your vehicle, this is also a very catchy personalization to invest in.

 

Personalized plates have a reputation for being expensive — one that is largely due to coverage of record-setting plates such as “F1” and others.

 

However, the reality is that many personalized number plates are not just affordable, but surprisingly easy to purchase. Most people confuse it with a long term process and a very risky thing too.

 

Below, we’ve listed five things that you should know if you’re considering buying a personalized plate, from how VAT and fees factor into the purchase to transferring or selling your plates in the future.

 

personalized name plates

 

Personalized Number Plates – 5 Things You Need to Know

Personalized Plates Aren’t as Expensive as You May Think

 

Contrary to popular belief, personalized number plates are not that expensive. In fact, many plates can be purchased for only a few hundred dollars — significantly less than the huge sums you often see reported in the news.

 

Rather than relying on the news, you should rely on a good set of options that you can get in your budget. The best way is to analyze different options and then make a final decision rather than just relying on one option alone. You can also design your own number plate with this Number Plate Maker UK to fit in your budget.

 

From cherished number plates to private number plates: you should consider some of these variations regarding DVLA personalized registration plates. It is better to look at the main differences among them and choose the one that fits your budget and needs.

 

If you stick to simple letter and number combinations, you can often purchase a set of number plates for as little as $95. This list of stock personalized number plates includes a large selection of plates, many of which are priced below $130 per set.

 

For Many Personalized Plates, You’ll Need to Pay VAT and Certain Fees

 

The cost of personalized number plates is made up of several different parts. First, there is the cost of the plate itself. This is something that you will pay either to register the plate (in the event that you are purchasing a new plate) or to buy it from the current holder.

 

Then, there is a 20% VAT fee, which you will need to pay if you are buying a plate from the DOT or a VAT-registered seller. Finally, there is a DOT transfer fee that you will need to pay to transfer the number plate to your vehicle.

 

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Once You Have a Personalized Number Plate, You Can Transfer it to Another Vehicle

 

Many people fear that personalized plates will be legally “attached” to a specific vehicl