The Role of Registered Keepers in Car Leasing: A Comprehensive Guide
Leasing a car comes with many benefits, the main one, is being able to drive a high-spec and comfortable car without the additional costs and stresses that occur with owning a vehicle. Leasing opens doors to many benefits for both individuals and businesses across the UK. But who is the registered keeper, what does it mean and what do you need to consider before leasing your vehicle with us at Car Leasing? Well, in this guide, we are exploring all of that to help your leasing journey be as smooth as a pot-free road.
What is a Registered Keeper of a Car?
Being the registered keeper of a car is simply someone who holds responsibility for the leased car. The registered keeper is dependent on the individual or business leasing the vehicle, and the registered keeper’s role can factor anything from parking permits and legal obligations to managing the car or van’s affairs.
Who is the Registered Keeper of a Leased Vehicle?
Typically, most individuals who lease a car will find that the lease company, in this case Car Leasing, is the registered keeper. Relieving you of any stress that comes with being a registered keeper.
However, this is all dependent on your type of car lease. If you are opting for a finance lease, which most businesses choose to do, it may be that the finance company is the registered keeper. Either way, it is important to identify who the registered keeper is before signing your lease agreement. If you are unsure who the registered keeper is, please don’t hesitate to get in touch with our team.
What is the Registered Keeper of a Car Responsible For?
As you aren’t the registered keeper of your leased car or van, the burden lies with us. We handle everything for you, but it’s important to cover what this entails so you are clear on what to expect.
VC5/Logbook: More commonly known as the logbook, the VC5 withholds all the legal documentation about the registered keeper’s identity. As, in most cases, you are not the registered keeper you may need to contact the finance company or us to access this information. By not having responsibility for this information, it means that you will not be able to sell the leased vehicle, set up road tax (the registered keeper will do this for you), or be able to drive abroad in your leased car.
Parking Permits: If you are registering for a parking permit, you may need legal documentation such as the vehicle logbook or VC5. If this is a requirement for your permit application, you will need to notify the registered keeper to access the relevant information.
Parking Fines and Speeding Tickets: If you encounter a speeding ticket or parking fine, the registered keeper will be the first to know. This may lead to additional payments being added to your monthly payment or bill. If Car Leasing is the registered keeper of your leased car or van, you will be sure to pass this information on to you and discuss the payment options with you.
Admin Fees: There may be additional admin costs to retrieving information from your logbook. However, this information will be addressed to you when signing your lease agreement as well as stated within it.
Being the registered keeper of a lease car comes with a lot of responsibility, care, and attention to detail. That is why we remove all the stress and let our expert and knowledgeable team handle it. It is important to identify who the registered keeper is before signing the lease agreement, so you know what to do when it comes to speeding tickets, parking fines, finding logbook information, and parking permits. Chat with our friendly team today and let us answer all of your additional questions to registered keepers of leased cars and vans.