Whats wrong with a car is if says Commercial Registration Found??
#1
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Whats wrong with a car is if says Commercial Registration Found??
I ran a carfax on a car that im looking at, and it says its found a COmmercical Registration found.... Is that bad? Whats that mean?
#3
I've seen that before through CarFax and I don't necessarily think it's a negative. It could just be that somebody registered the vehicle under a business's name (possibly to save on insurance...) but still used it for personal use.
It would've said "rental" instead of "commerical" if it were used for that purpose.
It would've said "rental" instead of "commerical" if it were used for that purpose.
#4
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This is also a generic term used for a lease. In other words the "commercial" part of it comes into play due to the fact that the car was in the "bank's" name and not the individual.
Or like stated above, it could have been leased under them name of a business.
I've run a lot of Carfax's, and have run into this statement numerous times.
I don't think you have anything to worry about.
Or like stated above, it could have been leased under them name of a business.
I've run a lot of Carfax's, and have run into this statement numerous times.
I don't think you have anything to worry about.
#5
Isn't the vehicle also in the bank's name if you have a loan on it? (not a lease though). Anyway, carfax would've said that also. Here are the potential types of registrations that carfax shows:
Private, Lease, Rental, Government, Taxi, Fleet, Commercial, Non-Profit
Private, Lease, Rental, Government, Taxi, Fleet, Commercial, Non-Profit
#6
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it might be a rental vehicle or registered under for office or company use...u know..save some tax by registering the vehicle under company's name or for office us
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