What is the Difference Between Public and Private Registration for Motorcycles in Beijing?

[LeParker]

The differences between public and private registration for motorcycles in Beijing are as follows: 1. Ownership: If a motorcycle is registered under a public account, the name on the vehicle's registration certificate will be that of the affiliated company or enterprise (the risk is that if the company the vehicle is registered under undergoes changes, it may lead to disputes or complications later on). If registered under a private account, the name on the registration certificate will be your own, allowing for worry-free usage. 2. Vehicle inspection and compulsory insurance (subject to the actual requirements of the local vehicle management office and insurance company): For publicly registered motorcycles, during inspection and compulsory insurance application, in addition to the standard documents required for private registration (such as a valid insurance policy, registration certificate, and ID card), additional materials such as the company seal and the 'Organization Code Certificate' are needed. 3. Transfer of ownership: For publicly registered motorcycles, the transfer process only requires clearing the payment and handing over the vehicle, without needing to go through the vehicle management office for transfer formalities. For privately registered motorcycles, both the buyer and seller must bring the vehicle and relevant documents to the vehicle management office to complete the transfer process. 4. Loss of license plate or registration certificate: If a publicly registered motorcycle loses its license plate or registration certificate, in addition to providing the owner's ID card and the motor vehicle registration certificate, the company's 'Organization Code Certificate' is also required. Alternatively, a power of attorney stamped with the company seal and the ID of the authorized person can be used for reissuance. Therefore, it's important to stay informed about relevant industry news to avoid complications arising from the deregistration of the affiliated company. 5. Insurance claims: In the event of a traffic accident, the insurance company will deposit the claim reimbursement into the public account of the affiliated company. For the actual motorcycle user, this means additional cumbersome procedures. Therefore, for publicly registered vehicles, it's important to distinguish between the insured and the affiliated company when purchasing insurance.