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MONEY TIPS

You could make up to £1,600 from your old car tax discs

IF you have old paper car tax discs lying around your house, don’t throw them out as they could be worth thousands of pounds.

Car tax discs were abolished in October 2014 as the DVLA moved all of its systems online.

We round up which car tax discs could make you thousands of pounds

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We round up which car tax discs could make you thousands of pounds

Because they’re not around any more, they’ve become a collectable item – and if you’ve got a stash of them, they could be worth up to thousands of pounds.

The highest amount paid for a single tax disc was £1,087.80, according to money making advice website MoneyMagpie.

Your stash could be scooped by a “velologist” – someone who buys and trades car discs – on the hunt for a new collection.

We’ve recently seen collectors buying a hoard for as much as £1,666 – and there are ways to spot which discs will sell for the most.

Discs issued in Northern Ireland and Wales are less commonly found, so they are worth keeping an eye out for.

If you have one that is un-perforated, it appears to be more attractive to buyers.

That’s because the DVLA ran out of so-called perforated paper as the tax discs came to the end, so they are harder to find.

MoneyMagpie chief executive Jasmine Birtles said to boost the amount of cash you could get, ask your friends and family if they have any too.

“You could keep them all and even try and build up a set as a whole lot of discs from 1940, for example, are listed for as much as £480 on the auction site Collecticus.

“Who knows how much you could make down the line.”

However, FreeCarCheck.co.uk’s Amanda Taylor said you should look out for fake car tax discs while having a look on eBay if you’re planning on buying one.

“Sadly there are some fake tax discs being touted as the real thing, and due diligence is a must,” she said.

“If you still have the original perforated paper seal, then make sure to mention it, because buyer confidence increases and you’ll get a higher price.

“Generally the best place to sell your old tax discs is through eBay, as they have the widest audience & reach in the UK.”

Here’s how much your old tax discs could go for:

Car tax discs – 1922 to 1924: £1,666

  • Sold for £1,666 on eBay in May
These five car tax discs went for £1,666 on eBay

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These five car tax discs went for £1,666 on eBay

These five car tax discs went for a whopping £1,666 on eBay in May, causing a bidding war for the stash among keen collectors.

According to the seller, the five discs were all for the same vehicle dating from 1922 to 1924 – all of them were stamped for Down CC in Northern Ireland.

They sold for thousands despite showing signs of damp – and some of the stamps were very faded.

The seller said its “very rare” to find this amount of tax discs from the same vehicle – which could explain why the collection went for so much.

Welsh car tax disc – 1972: £160

Welsh car tax discs are some of the rarest you can find

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Welsh car tax discs are some of the rarest you can find

If you have a Welsh car tax disc lurking somewhere at the back of your cupboard, it might be worth taking it out and putting it on eBay.

They’re some of the rarest discs you can find – and this one went for around £160 on eBay last month.

The seller said the car tax disc expired on December 31, 1972.

It looks like it was stamped in the town of Cardigan, but this isn’t certain as the writing is quite faded.

It sold for hundreds despite there being some damage to the back of the disc.

Car tax disc – 1924: £147

This "vintage" car tax disc went for a lot of money

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This “vintage” car tax disc went for a lot of money

Old car tax discs can sometimes go for hundreds of pounds, including this one dated from the 1920s.

This green disc expired on December 31, 1924 – and the seller sold it for £147.

It appears to have been stamped in Antrim, which is located in Northern Ireland.

Tax discs from Northern Ireland are among the rarest you can find.

Car tax discs – 1957-2014: £129

These 20 old discs sold for £129 last month

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These 20 old discs sold for £129 last month

These triangle car tax plates went for £128.75 last month, with the dates ranging from 1957 to 2014.

It looks like they were issued in a variety of different locations to different drivers.

For example, one from 2014 was issued in Poole, while another from 1987 was stamped in New Haven.

Although the stamps on a number of the plates are quite faded, with some discoloured or stained, they still sold for a lot of money.

Car tax discs – 1958-1964: £64

There were 14 car discs in this collection and they were sold for a total of £64

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There were 14 car discs in this collection and they were sold for a total of £64

These car tax discs belonged to the same car, according to the seller.

There are 14 discs in this collection, and they sold for £64 in total.

The discs are dated from 1958 to 1964, and are stamped in different locations from Penge to Dartford.

However, some of them are in better condition than the others.

Here’s how one savvy shopper cleared his £12k debt by reselling car boot and charity shop finds.

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Savvy shopper got out of £12k debt in year and a half by reselling car boot and charity shop finds

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