The latest car plate price came out. The lowest price for car plate is 43000 RMB and average price for the plate is 43300 RMB (5216 USD). 4800 plates entered the bid.
As you may know, Shanghai uses the bidding system to determine the price for private car plates. There is no base price. So by theory, if everyone bid 100 RMB for the plates, the first 4800 bidders will win the plate at 100 RMB. Of cause, this never happens since there will be much more bidders than the number of the car plate.
It was 38000 RMB on August 24, 2003
I didn’t Join the Bidding
I chose to get a foreign province car plate at last. I gave my new car to the car dealer, who drove my car to the nearby city, Hangzhou. It is 240 km away. They helped to get the plate there. My new car plate is
It cost 3500 RMB.
There are some limitations to use a car with foreign plate in Shanghai. For example, I cannot use the elevated highway in rush hours and on certain roads. I don’t care too much.