A Car Plate = 27200 RMB in Sept 2009
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.
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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.
Posted by:
RJ
on September 19, 2009 7:29 PM
What was the number? If it was the cheapest, did it have a lot of 444 in it?
Posted by:
zjemi
on September 20, 2009 12:57 AM
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.
Posted by:
Jian Shuo Wang
on September 20, 2009 11:55 AM
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
Posted by:
Greg
on September 20, 2009 2:50 PM
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.
Posted by:
Jian Shuo Wang
on September 20, 2009 3:22 PM