What is the difference between buying a car under a company name and a private name?

[DiIsabella]

In simple terms, a privately registered car means the ownership belongs to the individual, while a company-registered car means it belongs to someone else (a company), and the individual only has the right to use it through leasing, with ownership transfer possible only after the lease expires. Below is an introduction to company-registered car purchases: 1. Definition: A company-registered car refers to a vehicle whose registration certificate bears the name of a company or enterprise. Such vehicles do not require repeated payment of vehicle and vessel tax during inspections, making it a common method for urban residents to purchase and register cars. 2. Advantages: Most company-registered cars are sold through mortgage due to corporate bankruptcy or other reasons, making their prices very affordable. Since company-registered cars are second-hand transactions, only ownership transfer is required, without the hassle of many unresolved traffic violations often associated with private cars. For most people, company-registered cars are rare and highly sought-after.