SQL - CTE vs TEMP tables

Temp Tables in SQL Server:

1. Are real materialized tables that exists in tempdb
2. can be indexed
3. can have constraints
4. Persists for the life of the current connection
5. Can be referenced by the queries or sub procedures
6. Have dedicated statistics generated by sql engine
7. A table created on disk
8. Use temp tables for longer or larger queries data.
9. Table name looks like #Tablename

CTE - Common Table Expressions:

1. CTE is an expression that can be thought of as a temporary result set which is defined   within the execution of a single SQL statement. A CTE is similar to derived table in that it is not stored as an object and lasts only for the duration of the query.
2. Using CTE improves the readability and makes maintenance of complex queries easy
3. The query can be divided in to separate, simple, logical buildings blocks which an be then used to build more complex CTE's until final result set is generated
4. CTE can be defined in functions, SP's, Triggers and views
5. After CTE is defined, it can be used as a table or a view and can select,Insert,Update or Delete
6. No additional statistics stored in sql server engine
7. No indexes
8. Cannot have constraints
9. Are essentially disposible views
10. Persist only until the next query is run
11. Can be recursive
12. CTE's and Tbale Variables can be use for small dataset
13. Can be substituted for a view
14. Can reference itself multiple times