Why Are Pure Numeric License Plates So Valuable?
1 Answers
Because they are out of print. Most pure numeric license plates were issued in the 1990s when there were fewer vehicles, and five-digit numbers were sufficient. With social and economic development, the number of private cars has increased significantly, making five-digit pure numeric plates inadequate. These plates gradually entered a phase of being phased out. If the number is not retained, the plate will be deactivated and no longer used. As more and more cars are purchased, license plate numbers are sequentially assigned, and letters began to appear. Additional Information: Generally, after a vehicle is scrapped, the vehicle management office will retain the license plate number for the owner for six months to process number retention or transfer to a new vehicle. If the procedures are not completed within six months, the old number will be returned to the pool of available numbers and reassigned to a new vehicle, including five-digit pure numeric license plates.