Sellers Guide
Classic Nouveau is a highly reputable dealer in quality
Cherished Registrations and has been for over a
decade. We take great pride in our tradition of
impeccable customer service. That service is not simply applied
to those buying registrations, we also look after the seller.
Whether it is a cash purchase of your number to add to our
stock or a simple one-off commission based sale of your cherished
registration, we will ensure that the process runs as smoothly
as possible. Often large sums of money can be involved in these
transactions, so we make sure to give both buyer and seller
the utmost confidence.
All we ask is for you to be prompt with the
paperwork that we require and to be patient when the registration
is being transferred by the DVLA.
To help you through this process, we have compiled the following
guide to transferring a registration number:
V317
The V317 is a form you can collect from the Post-Office which the
registered 'keeper' of a registration can complete in order to move
that registration.
Am I eligible?
Registration numbers are assigned to vehicles, however
during the registration process, the vehicle is given a 'keeper' whom
is then responsible for that vehicle and therefore the registration.
One thing to note is that the keeper is not necessarily the owner.
Also, the vehicle must still actually exist, remain registered with the
DVLA, be available for inspection and be currently licensed. If you are
the keeper of such a vehicle, you are eligible to transfer your registration
What do I need to do?
Complete the V317 form and either take it in person or post it to your Local
VRO Office - Click here to find yours.
Along with
your completed application, you will also be required to present the registration
documents of both the vehicle releasing the registration and the vehicle receiving
the registration. This is in the form of a V5 document.
You will also need
the test certificates for each vehicle and vehicle licence details. If either
vehicle is not licensed then vehicle licence application forms must be completed.
These are either V10 or V85 forms.
Finally, you will need to pay a transfer fee, currently £80. For further details
see the V317 form.
What happens after that?
The Local VRO will check the application and other documents and may request
an inspection of either vehicle. Once they are happy with the application, they
will send new licence discs for each vehicle and their new registrations.
The donor vehicle will be given a replacement registration appropriate to
it's age and if possible it's original registration number.
The receiving vehicle will have it's registration cancelled unless it has been
transferred or put on retention.
How long will all this take?
Normally within 4 weeks, you should receive your new documents.
V778
What does 'put on retention' mean?
The retention scheme allows a keeper of a vehicle to hold a registration whilst
it is not on the vehicle for up to 12 months. At the end of the 12 months, a
further 12 months retention can be purchased (another £25). So, if have a lovely
cherished
number but wanted to put a new one on your vehicle, you could put the current
registration on retention. However, if you were to allow the retention to lapse
over the 12 months, you will lose the entitlement to use that number.
How do I do that?
Back to the Post-Office and pick up a V778 form. Complete it and prepare
the necessary extra documents as with the V317 above, then take it all
to your nearest VRO - Click Here.
What does it cost?
Currently it incurs a £25 retention fee plus £80 assignment fee, so, £105 in total.
Then what?
Well, you can put the retained registration back on your car by completing a section
on your V778 retention certificate, or
you can add a 'nominee' to your retention certificate and they can put your
registration on the their vehicle. If this is done after you receive the document
from the DVLA you will be charged £25.
Great, how can Classic Nouveau help though?
Well, Classic Nouveau can help you decide the best way to look after your registration(s)
and we will also make sure that the buyer performs their part of the bargain by
chasing up the necessary documentation. A single call to us and we can inform you
as to where we are in the transaction and when you can expect your new documentation.
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