Why Do People Buy License Plates That Cannot Be Transferred?

[OCharlotte]

License plates cannot be bought or sold, and purchasing a license plate carries certain risks. 1. License Plate Trading: The license plate trading market operates in a gray area, and government regulators are also in a dilemma. Faced with increasingly severe environmental pollution and traffic congestion issues, as well as the growing demand for vehicle registration, there has been no strict regulatory enforcement. License plate trading remains a private, unofficial activity with inherent risks. To avoid unnecessary complications, it is advisable not to engage in buying or selling license plates. 2. License Plate Inheritance Transfer: For example, in the case of the death of a direct relative, license plates are not considered private property and cannot be inherited or transferred in principle. However, in special first-tier cities like Beijing and Shanghai, where license plates hold significant value, inheritance is still possible. This requires first obtaining an inheritance rights notarization at a notary office, where all heirs must visit the notary office located at the deceased's last residence or the location of their primary assets to complete the inheritance rights notarization process.