What are the impacts of under-invoicing when buying a new car

[LeMaverick]

The impacts of under-invoicing when buying a new car are as follows: 1. Lower resale value: If the invoice price of the car is low, when the owner wants to sell it, buyers will only refer to the price on the invoice, resulting in a lower resale price. 2. Difficulty in obtaining full compensation for theft or accidents: Theft and damage insurance are usually calculated based on the invoice price. If the car is stolen or involved in an accident, the owner may suffer losses and not be fully compensated. 3. Inadequate compensation from the manufacturer: When claiming compensation from the manufacturer for quality issues, it will be difficult to claim based on the actual purchase price, and only the invoice price can be used as the benchmark for compensation.