·Shanghai second-hand license plate auction related rules at the end of the month

Next month, the first-hand and second-hand cars will be auctioned in parallel.
Since the first hand and the second-hand car will be auctioned next month, if the second-hand license plate cannot be traded, it may increase the number of participants, thus increasing the difficulty of the card.
The last auction before the implementation of the Shanghai New Deal was held on October 18. According to the national auction network data, the number of personal non-business passenger cars this month was 7,400, which was the same as last month. The number of bidders was 105,532, a decrease of 16,687 from the previous month. In the end, the lowest bid price for this month was 74,000 yuan, and the average winning bid price was 74,075 yuan, up 200 yuan from the previous month's 73,875 yuan. The winning bid rate was 7%, up only 0.2% from the previous month.
It is reported that the reason for the decrease in the number of bidders this month is mainly due to the principle of “self-use and standard circulation” in the use of non-operating passenger vehicles in the city from next month, and the amount cannot be transferred without authorization. If the holder really needs to transfer, it should be included in the unified auction platform for auction. A part of the bidder who took part in the sale of the license plate this month withdrew from the auction team.
Although the number of people has dropped by 16,687, this month's Shanghai card is still difficult to shoot. A participating car owner told the Commercial Daily reporter that the system was very cardy on the same day. “The submission was early and was kicked out of the bidding range. The submission was within the scope, but it could not be submitted.” As the next month, the implementation of the first-hand and second-hand vehicles will be implemented. Auctions, such as the use of second-hand license plates can not be traded, may increase the number of participants, thus increasing the difficulty of the card, "because the monthly warning price is still 72,600 yuan, if the price remains the same, the number of bidders will increase, the fear of winning the bid will continue to fall. ."
"Shanghai Traffic" official microblog announced yesterday that the relevant rules for second-hand license plate auction will be introduced at the end of the month. "The basic pricing is now the pricing method. The auction proceeds of the second-hand car holders are the average transaction price of the auction in the next month. The warning price next year will depend on the price of the auction in November and December this year." The average transaction price of the auction in the next month of the entrustment month is your auction proceeds. This has been fixed.” The relevant person in charge of the Social Propaganda Department of the Municipal Transportation Committee said that the relevant rules “also include the points of the commission, the signed contracts, and which contracts to submit. Materials, etc. We are currently working hard to develop."
[Expert analysis]
There are many problems with the license plate allocation mechanism. The high-profile Shanghai-brand auction has attracted academic attention and research. Associate Professor of the School of Economics of Fudan University has participated in the research and discussion on the establishment of the Shanghai auction mechanism. He believes that from the implementation effect, there are significant problems in the license plate allocation mechanism of major cities. For example, Beijing needs an average of five or six years to shake a number, and Shanghai car owners usually need to entrust the yellow cattle to take the license plate, which has spawned the “generation service industry”.
According to the climb, from the perspective of efficiency, the auction method in Shanghai before April 2013 is undoubtedly the most efficient; from a fair point of view, Beijing's rocking method is undoubtedly the most fair. Increasingly high price of license plates, on the one hand, makes the license plate a de facto investment, on the other hand deprives some high-demand and low-income people with the right to own local license plates.
[analysis extension]
It is recommended to use the auction probability mechanism design. Some people will ask, is the auction and shaker parallel method adopted by Tianjin, Guangzhou and Hangzhou better? Climbing thinks this is not the case. He said that the scarcity of road resources in these cities is not as intense as that of Beijing and Shanghai. The current parallel approach can still be maintained for some time. If Shanghai takes out a part of the lottery from the auction license plate, on the one hand, it will reduce the auction supply, so that the license plate price will continue to soar; on the other hand, since the license plate number becomes a national lottery, the winning rate will only be lower than that of Beijing. “Therefore we also know why Beijing does not allow second-hand licenses for license plates, and prohibiting second-hand transactions also almost bans those who no longer need license plates to retreat, resulting in reduced allocation efficiency of license plates. It can be said that although Beijing Yaohao only For the new card, but not only makes the new card configuration efficiency impossible, but also further reduces the efficiency of the old card configuration."
So, is Shanghai's bottom price swaying mechanism started in April 2013 more reasonable? Climbing does not think so. He said: "Now you can get the license plate, not only the probability of spelling, but also the speed and operation of the net. The latter two bring a huge space for the cattle to make a profit. Now the cost of the auction is generally more than 5,000 yuan, indicating that it is from the auction. The government revenue reduced by the reserve price has not benefited the car buyers, but has supported a large number of cattle. In addition, due to the huge difference between the price of used license plates and the so-called "auction", more and more car buyers have been purchased. Join, if the winning bid, sell the old card on the old card to achieve "arbitrage." This formed a vicious circle. When the price of second-hand license plates is high, the number of arbitrageurs is high. If the number of arbitrageurs is higher, the bid-winning rate will decrease.
To this end, the climb suggests the use of auction probability mechanism design, which can provide more flexible and flexible choices for car buyers, and also leave room for subsequent adjustments.

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