DVLA Number Plate Auctions
How DVLA auctions work, what to expect, and tips for bidding.
How DVLA Auctions Work
The DVLA holds several number plate auctions each year, typically managed by an auction house on their behalf. These auctions offer premium registrations that the DVLA has withheld from general sale due to their desirability and expected high value.
Auctions take place both in person and online. Lots are published in advance — usually 2-4 weeks before the auction — giving potential bidders time to research and decide on their maximum bids. Both individuals and dealers can bid.
What's Available
DVLA auctions typically feature: short dateless plates, plates spelling popular names and words, desirable number combinations, and premium new-issue registrations. The quality of lots varies, but every auction includes some genuinely rare and valuable plates.
Auction catalogues are published on the DVLA's personalised registrations website and through the appointed auction house. MONIKR also tracks auction lots and can help you evaluate plates before you bid.
The Bidding Process
You can bid in person, by phone, or online. Online bidding requires pre-registration and sometimes a refundable deposit. Bidding increments vary by lot value but typically start at £50-£100 for lower-value plates and increase for premium lots.
There's usually a buyer's premium (commission) on top of the hammer price — typically around 6-8% plus VAT. The total cost also includes the £80 DVLA transfer fee. Make sure to factor these extras into your maximum bid.
Tips for Auction Success
Set a firm maximum budget before the auction and stick to it. The excitement of live bidding can lead to overspending. Research comparable sales — MONIKR's valuation tool can help you understand fair market value for any plate.
Consider less popular auction times. Midweek auctions and lots later in the catalogue sometimes attract fewer bidders. Also look for plates that have been re-offered from previous auctions — these sometimes sell for less on second presentation.
After the Auction
Winning bidders must pay within a set period (usually 72 hours to 7 days). Payment is typically by bank transfer. Once payment clears, the DVLA processes the registration assignment, and you'll receive your V5C or V778 retention certificate.
If you're unable to assign the plate to a vehicle immediately, it can be placed on a retention certificate automatically. Remember that unsold lots are often available for negotiated sale after the auction through the appointed auction house.