Plates cost more than cars

 

Some new car number plates in China have become more expensive than buying the car to which they are fitted.

The Chinese authorities have started restricting the issuing of license plates as a way of combating traffic congestion resulting from the rapid increase in personal car ownership.  This has resulted in keen bidding for plates, particularly in cities like Beijing, Shanghai, and Guangzhou.

A new plate in Beijing will cost nearly £1,000 more than an entry level hatchback, making it much more difficult for middle and low-income people to own vehicles.

In contrast, even cherished and personal registration numbers in the UK remain very affordable – www.speedyreg.co.uk has hundreds of special plates at under £100.

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