DVLA number plates are released every March and September with slime enthusiastic plate collectors spending thousands to secure the latest designs.
DVLA number plates are released every March and September with slime enthusiastic plate collectors spending thousands to secure the latest designs. Experts at Carwow have revealed the latest designs could be the “much-needed boost” to the car industry which is desperate to recover after months of poor sales.
Private registration plates generate millions each year and road users could be set to slash lockdown savings on special registrations.
However, analysis from Carwow has revealed some drivers will need to spend over £70,000 to secure their dream reg plate.
Drivers can add a spice of mystery to their vehicle with a unique “FAN 70M” design but must pay out an incredible £70,532 to get their hands on the plate.
A number plate named after world famous scientist Isaac Newton is also up for sale with an eye-watering price tag.
READ MORE: Number plate changes set to come with ‘more pressure’
Those looking for a provocative design may look no further than the new “M70 SXY” design which is valued by experts at £1,695.
Vix Leyton, consumer expert at Carwow revealed the effects of the coronavirus pandemic may impact on the usually high number of sales recorded at a number plate change.
She said: “The motoring industry is after a much-needed boost and many are hopeful that the release of the new ‘70’ plates will do just this.
“There were many Britons who wanted to hold off buying a new car when the ‘69’ plates came out, with our research finding one in four felt this way in February of this year.
“That being said, 31 percent of Britons said they were more likely to buy a car with a sexually suggestive number plate, so we thought we would hunt down the funniest or most provocative ‘70’ plates for these saucepots.
“While the industry is still trying to find its feet following lockdown, with new car sales rising by 11 percent in July of this year when compared to 2019, it’s certainly not overly optimistic to say that things are getting back on track.
“Although the pandemic may affect the results for this year’s number plate change, it will be interesting to see the [year-on-year] comparisons.”
The DVLA has revealed that over 400,000 personalised registration plates were sold across the 2018/19 financial year.
A survey from the agency revealed that 69 percent of road users would secure a private registration due to a personal connection.
A further six percent said they would buy a plate for their business with 17 percent admitting the unique designs were an investment opportunity.
Other motoring experts have predicted the number plate changes and increased demand for vehicle sales to meet targets could make September the most important month of the year for the industry.
Steve Hungtingford, editor of WhatCar? Said: “Normally September is the second-biggest month for new car registrations after March, but this year’s lockdown means it has the potential to eclipse all other months.”
Buy a car spokesperson Christofer Lloyd has revealed dealerships have cut prices on a range of brand new models to secure sales ahead of the latest launch.
He revealed that the massive savings are set to put “even more pressure” on the new launch in what will be the “last big push” for dealerships to make sales.