Shanghai license plate auction situation is stable, Shanghai license plate auction system is adjusted

The results of the Shanghai license plate auction in December 2024 showed that the total number of individual quotas auctioned was 4,051, the number of participants was 40,796, and the winning rate was 9.9%. The lowest transaction price was 93,600 yuan, and the average transaction price was 93,688 yuan. At present, the Shanghai license plate auction system is being adjusted, especially the participation qualifications of non-local residents have been adjusted from the original continuous payment of social insurance or personal income tax for 3 years to continuous payment for 1 year.