How Long is the Validity Period of Beijing's Passenger Car Quota in 2021?
1 Answers
The Confirmation Notice for Personal Passenger Car Allocation Quota has a validity period of 12 months, with the specific expiration date indicated on the notice. Quota Validity Period: Quota holders must complete all necessary procedures, including vehicle purchase tax payment or tax exemption certification, used car sales invoice issuance, and vehicle registration, with the tax, market supervision, and vehicle management departments within the 12-month validity period. Failure to complete these procedures within the stipulated time will be considered as automatic forfeiture of the quota. New Quota Regulations: A new quota allocation method has been introduced, which prioritizes "car-free families" through a lottery and points-based system. This method significantly increases the chances of winning a regular quota lottery and the allocation of new energy vehicle quotas for "car-free families" compared to individuals, aiming to address their vehicle ownership needs. This is the most significant aspect of the recent policy adjustments.