What are the requirements for the Shanghai license plate lottery?
2 Answers
Requirements for the Shanghai license plate lottery: 1. Shanghai residents with local household registration or non-local residents who hold a valid Shanghai residence permit and have continuously paid social insurance in Shanghai for the past two years (including) (excluding back payments); 2. Be at least 18 years old, with no passenger vehicle registered in Shanghai under their name or all passenger vehicles registered in Shanghai under their name marked as forcibly canceled; 3. Hold a valid driver's license, with no valid quota under their name or no eligibility to apply for a renewal quota. A license plate is the identification number of a vehicle, just like an ID number is to a person. For example, if a license plate is from Guangzhou, Guangdong, 'Yue' represents Guangdong Province, 'A' represents Guangzhou, and 'Yue A' is the license plate code for Guangzhou.
If you want to participate in the Shanghai license plate lottery, which is essentially an auction, I've done some research on it before. The basic requirements are that you must have a Shanghai household registration or a valid residence permit that has been held for at least three years, along with continuous payment of social security and taxes in the city. You also need to hold a valid driver's license and must not already own a Shanghai license plate. Before the auction, you need to register on a designated platform and pay a deposit, which is currently around 10,000 yuan. The competition is intense, with prices often soaring above 100,000 yuan. Additionally, the current policy encourages new energy vehicles. If you buy an electric or hybrid car, you can skip the auction and get a license plate directly, which is much more convenient. The government does this mainly to control vehicle growth and ease congestion, but honestly, the high threshold is quite a headache. Young people who have just started working for a few years shouldn't even think about it. You need to plan your budget and time carefully to avoid disrupting your travel plans.