Car Leasing Blog

This subject is the cause of many different phone calls daily, and lets face it - its an important one.

The first thing to get your head around is the difference between the registered keeper and the owner of the leased vehicle.

Registered Keeper - definition

Here is the definition of registered keeper according to the parking and traffic appeals service:

Registered Keeper The person or organisation recorded by the Driver and Vehicle Licensing Agency as being the legal keeper of a motor vehicle.

So basically, it is the registered person and address where the vehicle is to be kept on the most regular basis - NOT THE OWNER

Vehicle Owner

The vehicle owner is the person whom hold the title to the vehicle, so if you purchased a car for your distant neice who lived 100 miles away from you, the vehicle would need to be registered in her name, however the title (and subsequent ownership) would remain with yourself unless transfered.

Insurance companies tend to get a little bit confused (excuse the pun) about this and can sometimes lead to an insurance company refusing insurance.

The problem rarely occurs with Business Contract Hire, but can be a little problem with Personal Contract Purchase and Personal Contract Hire.

Do not dispair though, you should always have a good ring round on your car insurance renewal, and once you have explained the way things are, you will soon enough find an insurer.

One of the good places we have found for providing insurance for leased vehicles is Confused.com so it might be worth a check on there.

Dont forget! Leased cars must be insured fully comprehensivley, you really dont want to have to pay for one that gets nicked!