What does commercial use vehicle mean?

I want to purchase a car through the bank financing. However, one of the limitation stating that it is not intended for commercial use. I am getting a Lincoln since I am working for car service. Is car service = commercial use?

Thanks.

What does commercial use vehicle mean?

car service = commercial use? yes it is any time you use it for services then it is commercial use vehicle

What does commercial use vehicle mean?

I%26#039;m not sure what you mean by car service? A vehicle used in a business will have a commercial plate, it says commercial right on the plate. If you work for a company and use your own car it%26#039;s not commercial. A commercial vehicle is one registered with a commercial plate.

What does commercial use vehicle mean?

NO

What does commercial use vehicle mean?

I think it means that you can%26#039;t use your vehicle for anything BUT personal use (Drive to and from work, school, etc). When you say you%26#039;re working for a car service, do you mean that you%26#039;ll be using your car to transport people or for your business (delivering flowers, cable tech, etc.)? If so, you%26#039;re bank probably won%26#039;t give you the financing for it.

But, if you tell them that it won%26#039;t be for commerical use, you may be able to get away with it. However, when it comes to car insurance, you need to have it insured for commerical use. If something were to happen (like an accident) and you weren%26#039;t insured for commercial use, you could be in big trouble. Also, your bank may find out that you weren%26#039;t honest with them and you may be in trouble with them too.

My advice - I%26#039;d find some other financing.

But good for you for actually reading your contract!

Good luck! =o)

What does commercial use vehicle mean?

I don%26#039;t now exactly what %26quot;car service%26quot; means, but is clear that the bank means that the car is to be used for personal reason, no business or commercial.

But to play safe, what do n%26#039;t you ask the bank. tell them exactly what you are going to use the car for. I have a feeling you

know exactly the answer but want to hear what you want to hear

What does commercial use vehicle mean?

Yes it is.

What does commercial use vehicle mean?

Yes. Car service use is commercial use. Commercial use means %26quot;Used in business%26quot;, everything from delivering pizzas to chauffering people around.