What are the differences between purchasing a car under a company name and a private name?

[McMary]

Here are the differences between purchasing a car under a company name and a private name: 1. Different payment responsibilities: If registered under a company name, the company should pay for the car. If registered under a private name, the individual usually pays for the car. 2. Different property ownership: If registered under a company name, the car belongs to the company. If registered under a private name, it belongs to the individual. 3. Different impacts on creditors: If registered under a company name, the car is part of the company's legal assets, and creditors of the company's external debts can legally apply to preserve or execute this property. If registered under a private name, the car is personal property, and generally, creditors of the company's debts cannot apply to preserve or execute this property.