What is the difference between a company car and a private car?

[JoshuaLee]

Company cars and private cars differ in the following aspects: 1. Registration documents: A company car requires a business license, IC card, organization code certificate, capital verification report, etc., while a private car requires an ID card. 2. Payment responsibility: The purchase cost of a company car should be paid by the company, whereas a private car must be paid for by the individual. 3. Vehicle ownership: A company car belongs to the company, and the vehicle registration certificate will bear the company's name, making it the legal property of the company. A private car is personal property, and the vehicle registration certificate will show the owner's name. 4. Impact on creditors: If the car is the legal property of the company, creditors of the company's external debts can legally apply for the preservation or execution of this property. If the car is personal property, creditors of the company's debts cannot legally apply for the preservation or execution of this property.