License Plate Myths Debunked: What the March 2023 Changes Really Mean for You and Your Car’s Value

From March 1st new cars sold across England, Scotland and Wales will be supplied with new number plates. Figuring out what all those numbers and letters mean and what exactly is changing this spring can be very confusing.

The changes affect the first two numbers on the license plate, known as age plates. As we enter a new six-month period, the numbers change from 72 to 23, followed by 73 in September. The rest of the numbers and letters are assigned as usual, with the first few letters indicating the region, while the end of the license plate is randomly generated and serves as a unique identifier for the car.

There are several license plate rules that must be followed, including specific fonts, font sizes, colors, and placement. You could be fined up to £1,000 and your car will fail MOT if you don’t display your number plate correctly.

Flexible temporary car insurer Cuvva shares everything you need to know about the license plate changes early next month and how they could affect you.

Demystifying license plate myths

It’s a well-known myth that a car’s license plate alone determines its price. While not entirely accurate, it shows the car’s age, which affects its value.

Number plates quickly reveal how old a car is. A buyer knows that a car with a license plate that starts with 22, 72 or 23 is fairly new.

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