HomeRegistrationsDVLA Reduces Transfer Fee for Retaining a Plate to £80 Jayne Henry June 27, 2015 Registrations It’s a rather annoying fact of life that running a car is expensive. MOT, road tax and unexpected repairs all mount up and we all moan about it! But what can you do, we love our cars and we need our cars, we just have to keep paying out! However, we have some good news for you. The DVLA have announced a price reduction in transfer fees! It’s not often we see fees going down instead of up, so make the most of it. It’s much more than just a price reduction though, the whole process has been simplified making it easier to manage and therefore resulting in faster transfer times. The process will now be much quicker. The price has dropped from £105 to £80. It doesn’t matter if you apply on paper or online, you’ll still pay this new reduced price. The annual renewal fee of £25 has now gone, and the renewal period extended to ten years which should save a lot of unnecessary hassle! In addition to this, if you add or change the nominee details, you can now do it free of charge. The DVLA have also upgraded their computer systems, so you’ll now get instant confirmation of your successful transfer application. Great if you’re in a hurry to get it all sorted! It’s great news, well when it comes to reducing the cost of car ownership, every little helps. So what will you do with the money you save? Well it’s not a fortune, it’s not going to buy you much, perhaps you could treat your other half to a meal out, or get yourself a couple of DVDs, or… and how’s this for an idea? You could buy a new private registration plate! Now you may be thinking that you’d have to add a lot more money to reach a budget big enough for a private plate, but you won’t! We have plates starting at just £40! Take a look at the cheap plates section on our website and you’ll find lots of plates for as little as £40 as well as some massive reductions on some higher priced plates too. For just £40 you could even get a dateless plate, so if you’re looking to hide the age of your older vehicle, it’s easy and cheap with Speedy Reg and you’ll get a fabulous personalised plate to boot! Why not take a look now and see what we have to offer. If you’ve got any questions you are likely to find the answer on our FAQ page, but if you’ve got any other queries, just give us a call or drop us a line by email, we always reply fast!