Can the license plate be retained in a vehicle replacement?
1 Answers
Vehicle replacement can retain the license plate, but certain conditions must be met: 1. All traffic violation records of the original vehicle must be cleared; 2. The owner must have owned the vehicle for more than 3 years; 3. The original license plate must have been used for over 1 year; 4. The application to retain the original license plate must be submitted within 6 months after the original vehicle is transferred or scrapped. Vehicle replacement refers to the business where consumers use the assessed value of their used car plus additional payment to purchase a new car from a brand dealer. There are replacement subsidies for vehicle replacement, which is a promotional policy introduced by automobile manufacturers to increase the market share of new cars for trade-in owners.