THE cooling auto market has caused the price for a private car plate in Shanghai to drop for a second consecutive month.

In the June auction completed on Saturday, the average price for a private car license fell 1,100 yuan (US$160) to 34,947 yuan, compared with 36,047 yuan in May, authorized operator Shanghai International Commodity Auction Co Ltd said.

The lowest successful bid edged down to 33,900 yuan, a decrease of 500 yuan from a month earlier.

Analysts said the minor drop mirrored weaker market demand as a result of the retreating auto market over the past two months. The latest price increase for gasoline and diesel may have further restricted customers’ purchases, they said.

A total of 21,208 bidders joined in the competition for 7,700 car plates this month - 500 fewer than last month and the smallest quota offered by the government since January.

The ground bidding price was unbroken until the last 10 minutes before the deadline for the first bidding phase.

A dealer surnamed Zhang said the price went up slowly because bidders were more rational now.

Please check out for the details of Pudong airport pick up service with shangcar.

Download the pudong airport pick up service kit:>>>

You have a business trip from Shanghai to rest of the cities nearby Shanghai. You can’t find direct buses from Shanghai Pudong Int’l airport to these cities.  

But, how to get to  Yiwu, Suzhou, Kunshan Nantong, Taicang, Zhangjiagang, Wuxi, Wenzhou, Yueqing, Taizhou, hangzhou, Tongxiang, Shaoxing, Keqiao, Shangyu, Yuyao, Wenling etc after you arrived at Shanghai Pudong International airport?

Usually there’s no direct buses from Shanghai airport to yiwu and above destinations. The high ways from Shanghai to  these cities are quite convenient. It takes 2-5 hours to arrive there through Shanghai.  

 Yiwu as a favorite destinations for lots traders abroad doesn’t have a big enough int’l airport. Most of the visitors from overseas have to transfer from Shanghai to yiwu. As Shang Car Rental division provide one stop car rental services, we could easily to drive you from Shanghai to yiwu, as soon as you arrived Shanghai Pudong Int’l airport. Check out our car rental information here: http://www.shangcar.com/car_rental_shanghai.htm

the below picture shows the huge complex buildings of Yiwu International Trade City

March 30, 2008:

The new price of a Shanghai License Plate [or Shanghai car plate] has increased to average RMB 3,2169 according to a Shanghai monthly license plate auction, March 29, 2008.  A number plates in Shanghai is still cost more than a small car in China. It’s sad see that price is still stick at this high point while the traffic of Shanghai became worse. As for trying to find a used car in Shanghai, please check our latest inventory of used cars: http://www.shangcar.com/used_car_shanghai.htm . The picture below shows the license plate price records since Jan. 2007

Please feel free to send info@shangcar.com about your enquiries of rent a car in China or buy your used car in Shanghai, Beijing, Suzhou, Guangzhou, Hangzhou etc.

BUY A USED CAR IN SHANGHAI:

   1. Car Inspection.

After emails and tell communications, Shang Car drives your idea car to a public place or your place for your inspection. Shang Car will have a proposal of this car during the inspection.

   2. Payments:

After the car inspection, you confirmed that you are going to buy this car. It’s time to arrange payment and deliver the car. Payments: we accept cash or cheque. For cash, you could arrange down payment or fully payment WHICH is 100% prepaid.

As for down payment:

a. we accept 10% of the car’s price as down payment, we will begin to procedure the ownership transfer as soon as this 10% been received.
b. The rest 90% will be paid after you successfully received the car and all the legal vehicle documents and all under your name.

As for 100% prepaid:

You could drive the car home the same day we received the 100% prepaid of the car.

We will take the rest procedures of transfer the ownership of car to your name.
   3. Register the ownership of car under your name:
We submit all the following documents to road authority to transfer the ownership:

Previous Owner providers: previous owner’s id card, household book, Vehicle Register Certificate, Receipt of Vehicle Tax, Invoice of Vehicle, Vehicle License of the PRC). Shang Car takes car of all the documents of the previous owner, so there’s worry free for you. As for other costs, there will be no any government fee, car tax, nor commission involved.
Current Owner (You or your company)

As company, you provide:

a. Business license [Original]

b. Organization code license number [Original]

c.  Passport copy or I.D. card copy of Legal Representative of Party A

d.  Letter of Authorization with original company chop and Legal Representative’s signature on it.

e.  Bring the company’s original chop when sign the contract and put the chop on some of the car register forms.

As individual, you provide

a. Passport Copy [original]

b. Work Permit [original]

c. Residence Permit [original]

The work permit and residence need to be issued in Shanghai.

   4. Enjoy Safety Drive

After 3 working days, all the legal documents will be received from road authority: the car that you purchased will be register under your name. Enjoy Safety Drive in Shanghai.

For insurances: Please be noted, there will be no any insurances covered after you get the vehicle and all other legal documents, you will need to buy the insurances:

a. traffic compulsory insurance
b. Third party liability insurance.
c. Car Damage Insurance
d. Car Theft Protection Insurance

The above insurances provides the basic car insurance in Shanghai. You could also purchase other insurances if you need more insurance. The insurance will come to affect the same day you bought.

That’s it, see it’s even simple than buy a new car in Shanghai.

There are lots car insurances products in China. It will not automobile come with car insurances when you purchased your new car or used car in China.

We take a sample below to buy your car insurances in Shanghai, usually it’s same all over China.

Some of the basic car insurances that you need to purchase and these are the insurances that most people bought in Shanghai, these are

A. Traffic compulsory insurance [Costs: Seats less than 5, it’s RMB 1050. For seats more than 6: RMB 1100.]
All vehicles drive on roads need to buy this traffic compulsory insurance. Insurance company will cover the third party during the traffic accidents: it will cover all property and life losses except owner of the car, passengers on board. Since all vehicles drive on roads have this insurance, it will cover the car if 2 or more cars hits. Max. compensate: RMB 60,000. The insurance company will compensate whoever the responsibility of an accident. The compensate will be 20% of the max. compensate (RMB 60,000 x 20%= 12,000) when the vehicle’s driver has no responsibility during an accident.

B. Third party liability insurance.
Same like traffic compulsory insurance,  it will cover all property and life losses except owner of the car, passengers on board. Since traffic compulsory insurance only covers 60,000 RMB compensate, a third party liability insurance could help covers more. It has RMB 50K, 100K, 150K, 200K, 300K, 500K, 1000K, total 7 levels for choose. Usually Most owners chose level of RMB 100K. 

C. Car Damage Insurance
The car damage insurance is designed for covers damage of your vehicle. Insurance company will not provides compensate after car knocks, hits or accidents.

D. Car Theft Protection Insurance
For used car, the insurance will only choose to compensate the lower one of your vehicle invoice or depreciation price of your vehicle.

The above insurances provide the basic car insurance in Shanghai. You could also purchase other insurances if you need more insurance. The insurance will come to affect the same day you bought.

Some other insurances:

E. Liability for Passengers and Driver Insurance
This insurance covers the damages to on board driver and passengers.

F. Vehicle Deficiency Waiver
All the car insurances products are set up to 20% Deficiency Waiver. That means during an accident or damage, the car insurances products will cover up to 80% damage and rest 15-20% losses will be paid by owner of a car. With this insurance, car insurances products will cover up to 100% of the damage.

G. Breakage of Glass Insurance.

E. Car Body Scrape Insurance

F. Spontaneous Combustion Insurance

For above insurance, Shang Car is in associate with China United Property Insurance Company, one of the largest car insurance companies in China, which could offer 80% for the car insurance products (the discount except Traffic compulsory insurance) and we don’t take commission from them, or you could choose the insurance by yourself.