| Registration price | £2,075.00 |
| DVLA transfer fee This fee is VAT exempt | £80.00 |
| VAT (20%) | £415.00 |
| Total payable | £2,570.00 |
Many people would see OER 1M as representing the name or word Rim.
OER 1M is a suffix-style registration. The suffix letter M at the end of the plate identifies it as a 1973 registration. Suffix plates were the standard UK format from 1963 to 1983. Under DVLA rules, OER 1M can be assigned to any vehicle first registered in 1973 or earlier. Suffix plates with strong initials or short numbers are among the most collectable formats available.
OER 1M was first made available in 1974. The original issuing office for this combination is Cambridgeshire C.C.. Local council and county borough offices issued plates within their geographic area — the issuing office identifies the regional origin of the registration.
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