How much does a Macau license plate cost? Analysis of hot topics on the Internet in the past 10 days
Recently, the price of Macau license plates has become one of the hot topics on the Internet. As a special administrative region, Macau's license plate policy is significantly different from that of the mainland. This article will combine the hot content on the Internet in the past 10 days to provide you with a detailed analysis of the prices, types and related policies of Macau license plates.
1. Latest data on Macau license plate prices
| license plate type | Auction price range (MOP) | Ordinary application fee (MOP) |
|---|---|---|
| Ordinary license plate (prefix M) | 50,000-200,000 | 3,000 |
| special number plate | 200,000-2,000,000+ | not applicable |
| commercial license plate | 30,000-100,000 | 5,000 |
| Motorcycle brand | 10,000-50,000 | 2,000 |
2. Recent hot events
1.Sky-high price license plate reappears: In January 2024, at the Macau license plate auction, "MU-88-88" was sold for 5.8 million patacas, setting a new high in the past three years.
2.New energy vehicle policy adjustments: The Macau Transport Bureau announced that starting from 2024, new energy vehicles can apply for special green license plates, with license fees waived in the first year.
3.Cross-border license plate demand surges: With the facilitation of customs clearance between Hong Kong, Macao and the mainland, the number of applications for Guangdong Z plates (license plates entering the mainland from Macau) increased by 40% year-on-year.
3. Comparison of license plate acquisition methods
| How to get it | Applicable type | time required | advantage | shortcoming |
|---|---|---|---|---|
| public auction | special number | 1-2 months | Get a pretty account | expensive |
| regular application | Ordinary number | 15 working days | low cost | Number is random |
| Second hand license plate transaction | all types | 7 working days | Optional number | There is a premium |
4. Key points of Macao’s license plate policy
1.quota system: Macao implements total vehicle volume control, and the number of new license plates added each year is limited.
2.Special number bidding: Numbers containing auspicious numbers such as 6, 8, and 9 must be obtained through public bidding.
3.Cross-border vehicles: Macau vehicles entering the mainland need to apply for an additional "Guangdong Z" license, with an annual fee of approximately MOP1,500.
4.Environmental incentives: Electric vehicles can enjoy first registration tax exemption, up to 75%.
5. Frequently Asked Questions for Mainland Residents
1.Mainland driving license conversion: Holders of a Mainland driving license can directly renew it in Macau without re-examination.
2.Vehicle entry restrictions: Mainland vehicles need to apply in advance to enter Macau, and their stay should not exceed 180 days per year.
3.Differences in license plates between the two places: Macau license plates start with "M", and mainland license plates start with "Guangdong Z" (for Hong Kong and Macao vehicles).
6. Expert advice
1. Ordinary users are recommended to choose the regular application channels, which are the most cost-effective.
2. Be cautious when investing in special numbers, as there is limited room for appreciation in recent years.
3. Pay attention to policy changes, new energy vehicles may enjoy more discounts.
4. Apply for cross-border license plates through formal intermediaries to avoid being deceived.
The price of Macau license plates is affected by many factors, including number combination, market supply and demand, and policy adjustments. It is recommended that interested consumers make multiple comparisons and make a choice based on actual needs. With the integrated development of the Guangdong-Hong Kong-Macao Greater Bay Area, Macau's license plate policy may be further adjusted in the future, which deserves continued attention.
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