Private or personalised number plates are very popular in the UK - in fact, there are more than 45 million of them. These unique registration numbers have been selected by drivers as a way of personalising their vehicle, ensuring it is instantly recognisable.
Whether you’ve chosen a private plate as a statement of individuality, for sentimental reasons or simply as an investment, you might be wondering whether it’s possible to put a private plate on a lease car.
Great news - yes you can! However, as you are not the legal owner of the car, it is important to ensure you follow the correct procedure to transfer your private number plate. Rivervale Leasing has got you covered with our three-point plan for the transfer of private plates.
Follow the easy steps below and you’ll have your personalised number plate transferred to your new lease car in no time.
- Request written permission from your finance company. If you’re leasing a car through Rivervale Leasing, get in touch with the team to discuss how to obtain this.
- Send the relevant forms to your finance provider. If you’ve recently bought new private plates then you will need to send the V750 document. If your chosen number plate has been used on another car previously, you will need to provide the V778 document.
- In the Nominee Details section, you will need to write the name of the finance company, as they are the registered keeper of the vehicle. Once the documents- have been received by the finance provider, they will process the forms and send them to the DVLA. Note that you may be charged an administration fee for this service.
Arrange for the private plate to be assigned to the lease car. There are two options here:
- Before Delivery – Either a V750 V788 form must show the finance company as the nominee, which can then be sent to the supplying dealer (this can be Rivervale if you leased your vehicle through us) and not the finance company. The supplying dealer will then apply the plate at point of registration. There is no fee for this. This is only applicable for vehicles that haven’t been registered yet, if the vehicle is a pre-registered vehicle then it must be done after delivery.
- After Delivery – This can not be done immediately after delivery. First, the vehicle must be set live by the funder (usually 10 days or so after delivery) at which point the customer sends off the V750 or V778 to the finance company and pays their admin fee (anything from £14.40 to £60). The finance company will then apply to the DVLA for the plate change and will email the customer once the plate can be swapped, this generally takes a couple of weeks depending on the funder. Only once you have received the confirmation email can you swap the physical plate on the car over. Delivery to plate change is usually 2-3 weeks.
Can I transfer my personalised plate between lease cars?
Yes, but you will need to discuss this with your lease provider. They will probably advise you to put your private plate on retention using the DVLA number plate retention service before setting up your new lease agreement.
How do I remove a private number plate from a lease?
Two months prior to the end of your contract, follow the steps below to arrange for your private number plate to be removed from the vehicle:
- Send the cheque to the DVLA along with a V317 form, not a letter!
- You must inform your insurance company of the plate change, otherwise, you’ll find yourself in trouble with both the DVLA and the police!
- Pay any required administration fees to the finance provider.
- Once all of the above has been processed, you will receive an acknowledgement letter. After the DVLA has amended the vehicle’s registration number on their records and you have been notified, you will be required to update the vehicle's number plate straightaway. This must happen before you return the vehicle to the lease hire company.
What will happen to my private number plate?
If you no longer wish to use your private number plate, you can give up your right to do so via the DVLA website. If you wish to keep using your DVLA private plate, you can follow the steps outlined above to assign it to your new car.
Alternatively, you can choose to put your plate on retention with the DVLA until you are ready to use it again. If you choose this option, you will be issued with a V778 retention document to show you have the right to re-assign the private number plate for the next 10 years.
