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Home > Motoring > When Leasing A Car Who Has The V5 Log Book?

When Leasing A Car Who Has The V5 Log Book?

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Clueless1012 | 16:32 Wed 10th Apr 2013 | Motoring
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Avatar Image DangerUXD
the keeper.
16:33 Wed 10th Apr 2013
Avatar Image BRIGHT SPARK
The leasing company.
18:48 Wed 10th Apr 2013
Avatar Image EDDIE51
We have a lease car , the V5 stays with the lease company, they are the owners .
18:53 Wed 10th Apr 2013
Avatar Image DangerUXD
Ok well that's odd. The V5 is not related to ownership so I'm surprised they would want all the potential agravation with parking/speeding etc.
19:50 Wed 10th Apr 2013
Avatar Image BRIGHT SPARK
UXD...the lease company is the owner with you as the registered keeper...and yes they will notify you and charge you a premium for any motoring penalty.
20:07 Wed 10th Apr 2013
Avatar Image DangerUXD
So if you are the registered keeper they you must have the V5.
20:16 Wed 10th Apr 2013
-- answer removed --
Avatar Image BRIGHT SPARK
UXD.........a little confusion here....the leasing company is the vehicle owner and will appear as the registered keeper on the V5, however the documentation signed by you on the leasing agreement will state you as the person responsible for any fines etc......does this conclude the matter.
07:39 Thu 11th Apr 2013
Avatar Image princemac
Who cares,the V5 is not proof of ownership,read it.When you register your car with the DVLA you are giving up title ownership,in law register means give up title ownership.The V5 only records the keeper,to get around this you have to de-register your car,people do this but for some reason the police aren't so agreeing.
01:05 Sat 04th May 2013

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