Private plate

[Ippon]

thinking of getting a personal plate and putting on the ZS .... Am I right that if I wish to retain the existing plate, that I would need to pay £155 for max 3 years?
If I dont go for the retain option, what do I do when i sell the car, and wish to keep the personal plate?

Cheers
From V317

IMPORTANT – Please read this section and guidance note A, Section 4 before filling in.
How long do you want to retain the vehicle registration number?
One year: £105 Two years: £130 Three years: £155
If you are retaining the vehicle registration number, as the registered keeper do you want to become the Grantee
(the Grantee is the one who has the right to the vehicle registration number)?
Yes No
If you do not want to become the Grantee, for example you are giving the vehicle registration number as a gift, give the details of who should be the Grantee in the box below. This means that as the registered keeper, you will give up the right to