Why Does a Vehicle License Cost Over 100,000 Yuan?
2 Answers
Vehicle licenses cost over 100,000 yuan because they require reference. Below is relevant information about vehicle licenses: Introduction to Vehicle License: A motor vehicle license is the legal document permitting a vehicle to operate on roads within China. The license consists of three parts: the license holder, the main page, and the supplementary page. The front of the main page contains the stamped certificate core, while the back features a photo of the vehicle, sealed in a plastic sleeve. The supplementary page is the stamped certificate core. Vehicle License Verification: The vehicle license verification system can check and compare the authenticity of a motor vehicle, query vehicle information, and provide travel safety assurance. By simply entering basic vehicle information into the system, you can verify whether the vehicle is genuine. If the details match, additional vehicle information can also be verified.
I've been driving for over twenty years, and the vehicle license itself is practically worthless—just a few dozen yuan for the processing fee, and you only need to do it once at the DMV. You might be confusing it with license plates. For example, in cities like Beijing, Shanghai, and Guangzhou, license plates can auction for over a hundred thousand yuan, mainly to control the number of vehicles. When you buy a new car, there’s also a 10% purchase tax, thousands in insurance, annual inspection fees, and more—all these combined can add up to over a hundred thousand. The vehicle license is just a registration document, a cheap little booklet. If you want to know the actual costs, check directly at your local DMV to avoid misunderstandings. Before buying a car, it’s best to budget for all expenses, not just the car’s price.