Sage green Post-it note on a wooden desk, headed with The Gaffer bobble-hat logo, reading: A discount isn't always a bargain.

The 76 Plate: Bag Yourself a Bargain, or an Expensive Mistake?

Sage green Post-it note on a wooden desk, headed with The Gaffer bobble-hat logo, reading: A discount isn't always a bargain.

The new “76” plate lands on 1 September, and the run-up always brings the same pitch from dealers: discounted stock on the outgoing plate, room to negotiate, a chance to grab a bargain before the changeover. It’s real money off. But a discount is only a bargain if you were going to buy anyway — knock 10% off something you didn’t need and you haven’t saved anything, you’ve just spent less on a mistake.

The trap is that plate-change pricing creates urgency that has nothing to do with your business. A van sitting unused, or a car bought “because it was cheap,” still ties up cash, still depreciates, and still needs insuring and maintaining. That’s true whether you’re a sole trader watching personal cash flow or a limited company weighing it against other uses for the same money — capital allowances soften the tax hit, but they don’t make an unnecessary purchase necessary.

Where it’s genuinely worth acting: if a vehicle was already on your list — the current one’s ageing out, you’re expanding and need another van, a lease is ending — then timing that purchase around the plate change is smart. Dealers really are more flexible in the weeks either side of 1 March and 1 September, and there’s no reason to pay full price for something you needed regardless.

So the question isn’t “is this a good deal” — it’s “was I already going to buy.” If the answer’s yes, September is a good month to do it. If the answer’s no, the discount is just a more comfortable way to spend money you didn’t need to spend.

Are you buying because you need it, or because it’s on offer?

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