Car plate price at 87,660 yuan this month - SHINE
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Car plate price at 87,660 yuan this month

Shanghai's car plate auction for February concluded this morning, with 220,831 people signing up for the auction of 11,098 car plates, making success rate standing at 5 percent.

Shanghai's car plate auction for February concluded this morning, with 220,831 people signing up for the auction of 11,098 car plates, making success rate standing at 5 percent.

The average winning price for a car plate stood at 87,660 yuan (US$13,842) this month, down 276 yuan compared with 87,936 yuan last month. 

The average winning price fell slightly from 88,240 yuan a year earlier.

The lowest bidding price for February was 87,600 yuan, down 300 yuan from 87,900 a month ago.

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