Can I Get a Refund If I No Longer Need a Shanghai License Plate?
1 Answers
Yes, but only after three years of use and following the required procedures can the refund be processed. Time Limit: According to the current management policy for Shanghai license plate quotas, all holders of Shanghai license plate quotas must comply with the rule that the quota can only be transferred after three years of use. Detailed Regulations: The Shanghai license plate quota must be handled separately and cannot be transferred with the vehicle. The owner must first dispose of the vehicle properly, separating the vehicle from the license plate quota through a used car transaction. Only after obtaining the Shanghai license plate quota certificate can the transfer process be initiated. There is only one method for transferring a Shanghai license plate quota: going through the consigned auction process, after which the municipal finance department will transfer the funds from the license plate sale to the owner's account.