What is the difference between public and private motorcycle registration in Beijing?
1 Answers
The differences between public and private motorcycle registration are as follows: 1. Different registration locations: Public registration refers to registration under a company or organization, while private registration refers to personal registration. 2. Different holders: Public registration involves placing the vehicle under the name of a legally qualified company, where the theoretical holder is the company entity rather than the actual purchaser. Private registration holders are the actual purchasers of the vehicle. 3. Different accident procedures: If the company under public registration encounters issues, it can lead to complications. Only compulsory insurance is available, which is almost useless because accidents require contacting the public registration unit. Private registration vehicles have easier insurance procedures, allowing for third-party liability and no-deductible coverage.