Online New Car Buying - ? Pre-Registered Car Con

photome

CarMad95 said:

What is a "registered owner"?

A registered owner is what is on the registration document/V5. This is what is normally meant by "previous owners" when buying a used car as it's the only official record or ownership and the only definition with a clear meaning to what an owner is.

If you lease a car, you never own it so you never become a registered owner and only the company you lease it from is the registered owner.

are you related to sweetsand

DoaM

CarMad95 said:

For example, I beleive when you lease a car you are the legal owner but the company you lease it from is the registered keeper. 

Completely and utterly wrong. The person leasing the vehicle is never the owner, and are often not the registered keeper either. (They may be the keeper - otherwise known as the Hirer - but not the registered keeper).

Car_54

CarMad95 said:

That will be because there is a difference between registered owner (I guess the technical term would be registered keeper) and legal owner.

For example, I beleive when you lease a car you are the legal owner but the company you lease it from is the registered keeper.

That document also says it's not proof of ownership, doesn't mean that it isn't a form of ownership, just that the document isn't proof of it.

It's also why insurance companies ask whi is the legal owner and who is the registered keeper. They are not always the same answer.

When you lease a car, you are NOT the owner. The lease company is the owner, and also (usually) the registered keeper. You are merely renting the car from them. To become the owner of anything you have to buy it.

What exactly do you mean by "a form of ownership"?

George_Michael

Car_54 said:

CarMad95 said:

For example, I beleive when you lease a car you are the legal owner but the company you lease it from is the registered keeper. 

When you lease a car, you are NOT the owner. The lease company is the owner, and also (usually) the registered keeper. You are merely renting the car from them. To become the owner of anything you have to buy it.

Which is exactly what this leasing company states:
https://rosedaleleasing.com/leasing-explained/leasing-faqs/when-leasing-a-car-who-is-the-registered-keeper/#:~:text=Leasing%20a%20vehicle%20is%20essentially,throughout%20the%20contract%20hire%20agreement.

When taking out a lease on a car, you may be confused as to who is the registered keeper of the vehicle. Leasing a vehicle is essentially the renting a vehicle from the leasing company and then handing the vehicle back when your contract comes to an end. The finance company has the financial interest in the car and, therefore, is the owner and the registered keeper of the vehicle throughout the contract hire agreement.

sweetsand

[Deleted User] said:

CarMad95 said:

That will be because there is a difference between registered owner (I guess the technical term would be registered keeper) and legal owner.

For example, I beleive when you lease a car you are the legal owner but the company you lease it from is the registered keeper.

That document also says it's not proof of ownership, doesn't mean that it isn't a form of ownership, just that the document isn't proof of it.

It's also why insurance companies ask whi is the legal owner and who is the registered keeper. They are not always the same answer.

When you lease a car, you are NOT the owner. The lease company is the owner, and also (usually) the registered keeper. You are merely renting the car from them. To become the owner of anything you have to buy it.

What exactly do you mean by "a form of ownership"?

Great response! Indeed, you don't own the car on a lease, so I am confused as well what on earht the poster mean by saying it was a "form of ownership"!

sweetsand

photome said:

CarMad95 said:

What is a "registered owner"?

A registered owner is what is on the registration document/V5. This is what is normally meant by "previous owners" when buying a used car as it's the only official record or ownership and the only definition with a clear meaning to what an owner is.

If you lease a car, you never own it so you never become a registered owner and only the company you lease it from is the registered owner.

are you related to sweetsand

Why??.

DoaM

Because the other poster talks as much nonsense as you do?

sweetsand

DoaM said:

Because the other poster talks as much nonsense as you do?

Just becuse people don't agree with your "nonsense" does not make you right.

photome

sweetsand said:

DoaM said:

Because the other poster talks as much nonsense as you do?

Just becuse people don't agree with your "nonsense" does not make you right.

Who is it that is talking nonsense on this thread ?

It was one poster and then another joined in

Jack_Cork

waamo said:

CarMad95 said:

What is a "registered owner"?

A registered owner is what is on the registration document/V5. This is what is normally meant by "previous owners" when buying a used car as it's the only official record or ownership and the only definition with a clear meaning to what an owner is.

If you lease a car, you never own it so you never become a registered owner and only the company you lease it from is the registered owner.

What does it say in big at the top of the V5c?

It says 'United Kingdom'