Driving licence costs set to fall this autumn

Driving licence fees will fall by up to a third (32%) as part of government plans to assist cut the price of motoring and save drivers about £18 million a year.

Excellent news for young drivers

The plans are contained in a public consultation on driver licensing costs that will see the expense of a initial time postal application for a licence drop from £50 to £43, whilst on the internet applications will be reduce even additional to just £34 – which will come as a welcome respite for young drivers who feel they are acquiring priced out of motoring.

Cost of renewals to be reduce

It’s not just young drivers who’ll feel the benefit if the proposals are provided the go ahead as the expense of licence renewals are set to fall from £20 to £14 for online applications, or to £17 if you apply by post.

For an additional £4.50 the Post Office will take a digital photo and signature from you at the counter and then approach your application. Far more information on that service can be discovered right here.

And it is worth remembering you need to have to renew your driving licence each 10 years – and if adjust your name or address. If you are caught with an out-of-date licence or the particulars on it are incorrect, you could locate oneself on the getting end of a £1,000 fine.

DVLA’s digital drive

The consultation is due to close on August 25, 2014. If the proposals are authorized, the government hopes to have the new fees introduced by the end of October this year.

The truth on the internet applications will see a higher reduction than postal applications is further proof of DVLA moving towards a completely digital service, following the announcement that car excise duty (VED or ‘road tax’ to most) is to go digital from October 1, 2014.

Kevin Pratt, insurance professional at MoneySuperMarket stated: “The price of owning a vehicle can be important, specifically for young drivers, but if these proposals are provided the green light then it will go some way to easing the economic burden on motorists.”

Driving licence costs set to fall this autumn