Since this January, Shanghai car plate policy has been changed to open bid. The price drop from around 56000CNY last December to minimal 8000CNY, average 23000CNY in January. Now the second round starts. To be eligible to place the bid, you need go to some designated banks to pay 2000CNY deposit for ticket. It is not that easy! Yesterday afternoon I went there, the line is about 3 or 4 hundred people, it is crazy. Some smart guys are there to sell the queue numbers for a couple of hundred so you don't need wait in line from zero. Even you spend the whole afternoon and get the ticket, you are not guaranteed to bid successfully. Last round there are lots of complaints that the bidding system is jammed without responding at the last moment.