What is the Small Passenger Vehicle Incremental Quota?
2 Answers
Small passenger vehicle incremental quota refers to the additional quantity of small passenger vehicles based on the existing number of small passenger vehicles. Application Procedure for Incremental Quota: Select the type of incremental quota and allocation method, then obtain an application code. After qualification review, confirm the application code as a valid code. With the valid code, obtain the incremental quota through a lottery or bidding process. Important Notes: An individual can only obtain one application code. Each code can only correspond to one type of incremental quota and one allocation method per allocation period. If individuals or units need to change the type of incremental quota application or allocation method, they must cancel the original application and reapply. To cancel or withdraw an incremental quota allocation application, the request must be submitted before the specified deadline on the allocation date.
Hey, I'm just an ordinary car owner who's been driving for years and experienced a lot. The small car incremental quota is essentially the must-have permit for buying a new car in purchase-restricted cities like Beijing and Shanghai. The government set up this system to control the number of new cars—you need to win a lottery or succeed in a bid to get a license plate. The lottery is luck-based, just like a raffle—it took me three tries to win. Bidding starts at a few thousand yuan and can go up to tens or even hundreds of thousands, making it a huge waste of money to buy a quota this way. Without it, no matter how much money you have, you can't buy a car and can only watch enviously. Nowadays, new energy vehicle quotas are prioritized for green-plate cars, making the application process faster, but for regular fuel vehicles, the rules are still confusing, and you might end up wasting your effort. This policy does help ease traffic congestion, but it's a real hassle for us consumers. I recommend checking local policies thoroughly before buying a car to avoid falling into a trap.