A Car Plate = 27200 RMB in Sept 2009

By Jian Shuo Wang on 2009-09-19 19:10 · Car

The car plate bidding this morning resulted in the lowest bidding price to be 27200 RMB for one car plate in Shanghai (news source)

I kept tracking the car plate since 2003. I wanted to buy a car plate at the very beginning, and then choose a Hangzhou plate. Now, Wendy and I started to think about a Shanghai plate. We planned to participate in the bidding this month, but just didn’t take action to pay the required 2000 RMB bidding deposit. Maybe the next month.

5 Comments

I take it's not a special plate. For a Shanghai car Rego, it's much cheaper than what I heard which was about 50K. Government used to control the traffic on the road via having control of issuing Rego. A cost reduction on rego can bring something good to local residents while causing traffic dramma due to increasing cars on the road.

— RJ · 2009-09-19 19:29

What was the number? If it was the cheapest, did it have a lot of 444 in it?

— zjemi · 2009-09-20 00:57

It is just a quota to get a plate. No number is involved. After you get the quota, you can go to get a number. The number is random, and now they are very nice to avoid 4s in the plate in the programs already.

— Jian Shuo Wang · 2009-09-20 11:55

Hi,

did the price go down? In the taxi article you mentioned that the fee was 37k rmb, now it's 27k. A big difference!

How's the apartment price, still up? i read that Shenzhen was down last year.

thank you

— Greg · 2009-09-20 14:50

Yes. It did go down from the highest 40-50K to the current 27.2K. Who knows the trend of the next few months.

The real estate market is still going up - 20-50% increase this year.

— Jian Shuo Wang · 2009-09-20 15:22