What Does the Quota Mean After Selling a Car?
2 Answers
Selling a car quota refers to the vehicle registration restrictions in large cities, where a quota is allocated. After selling or transferring a car, the quota becomes available. How to Update the Quota After Selling a Car: For buyers looking to purchase a new vehicle, checking the quota after selling a car is a crucial step. According to the requirements of the Small Passenger Vehicle Quota Management Office, if you sell a car under your name, you must submit proof of sale to the local Small Passenger Vehicle Quota Management Office within six months to update the quota. Once the quota is successfully updated, the buyer does not need to participate in a second lottery and can directly purchase a new vehicle. It is important to promptly complete the quota update process. If delayed, the Small Passenger Vehicle Quota Management Office may revoke the quota. How to Print the Quota After Selling a Car: To print the quota after selling a car, log in to the Quota Information Management System and print it online. The quota application must be submitted online within six months from the date of sale. After submission, the quota is valid for six months from the application date.
When I sold my old car last year, the 'post-sale quota' refers to the government-allocated car purchase entitlement. After selling the car, this quota remains yours, but you must complete an update procedure at the vehicle management office within one year (the duration may vary by city, e.g., 12 months in Beijing) to use it for buying a new car. If left unprocessed, the quota automatically expires, forcing you to re-enter the lottery or bidding process, which is both costly and troublesome. I handled mine just two months after selling the car—just brought my ID card, filled out a form, and it was done in minutes. Proper quota management makes upgrading cars much easier. Some people procrastinate until the quota expires, ending up paying extra bidding fees or waiting for the lottery when buying a new car—totally unnecessary. My advice: contact the vehicle management office right after selling to check the procedure and avoid delays.