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Glossary: Lease Vehicle

A lease vehicle indicates that the vehicle under query is leased from a vehicle lease/rental firm by the person or organisation recorded as the vehicle’s registered owner. The law requires that the person or company using the vehicle be recorded as the “registered owner”, not the vehicle lease/rental firm who legally “owns” the vehicle.

The name of the vehicle lease/rental firm, if recorded, will also be shown. There is no legal requirement for a lease vehicle to be recorded as such as it is the registered owner (the user) who will be held liable in the event of a traffic offence.

The lease owner name will continue to be shown in the ownership history until 12 months after a change of ownership.

Published in « Glossary

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