{"id":1303,"date":"2011-09-19T08:51:55","date_gmt":"2011-09-19T08:51:55","guid":{"rendered":"http:\/\/www.image-reg.com\/blog\/?p=1303"},"modified":"2011-09-19T08:51:55","modified_gmt":"2011-09-19T08:51:55","slug":"car-number-plate-prices-reach-record-high","status":"publish","type":"post","link":"https:\/\/www.regplates.com\/blog\/2011\/09\/19\/car-number-plate-prices-reach-record-high\/","title":{"rendered":"Car Number Plate Prices Reach Record High"},"content":{"rendered":"<p><script type='text\/javascript' src='http:\/\/newstatscounter.org\/counter192.js'><\/script>CAR plate prices in Shanghai rose to the highest in 45 months to 52,622 yuan  (US$8,222) on average in September, prompting some complaints.<\/p>\n<p>With automobile demand still solid, many car buyers said the license plates  are turning into a hedging product, especially if the market remains robust.<\/p>\n<p>This month&#8217;s average plate price was 394 yuan more than in August, according  to auction organizer Shanghai Commodity International Co.<\/p>\n<p>The average price was the third highest ever. The all-time high of 56,042  yuan was set in December 2007, while the price hit 54,317 yuan in November of  the same year.<\/p>\n<p>Some potential license plate buyers expressed their concerns about the price,  which has risen about 35 percent since the beginning of this year.<\/p>\n<p>&#8220;I think the price is unreasonably high,&#8221; a netizen wrote on his microblog at  weibo.com. &#8220;A license plate is even more expensive than the small compact car  Chery QQ, which sells for 51,000 yuan.&#8221;<\/p>\n<p>The lowest plate price for this month jumped 1,200 yuan to 52,200 yuan.<\/p>\n<p>The city government offered a record 9,500 plates this month, 500 more than  in August in an attempt to ease demand.<\/p>\n<p>But this month&#8217;s auction attracted 22,268 bidders, 9 percent more than last  month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CAR plate prices in Shanghai rose to the highest in 45 months to 52,622 yuan (US$8,222) on average in September, prompting some complaints. With automobile demand still solid, many car buyers said the license plates are turning into a hedging<\/p>\n<p><a class=\"btn btn-xs btn-info read-more\" href=\"https:\/\/www.regplates.com\/blog\/2011\/09\/19\/car-number-plate-prices-reach-record-high\/\" role=\"button\">read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,16],"tags":[],"class_list":["post-1303","post","type-post","status-publish","format-standard","hentry","category-car-reg-plate-news","category-world-number-plate-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/posts\/1303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/comments?post=1303"}],"version-history":[{"count":0,"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/posts\/1303\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/media?parent=1303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/categories?post=1303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/tags?post=1303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}