What is the difference between high and low transaction invoice amounts for used cars?

[Henderson]

The difference between high and low transaction invoice amounts for used cars is that a low invoice amount means lower insurance coverage. Below are specific details about used car transaction invoices: 1. Function: The invoice serves as proof of origin required during the transfer process, proving that the vehicle's procedures are normal and it is not a stolen vehicle. To issue a used car transaction invoice, one must go to a formal used car trading market or a qualified enterprise. The invoice consists of five copies: the first two copies are given to the owner, while the other three are retained by the issuing unit. The two copies kept by the owner include one for personal records, which can be used for insurance transfer, and another submitted to the service station for file retention. 2. Amount: A low invoice amount means lower insurance coverage.