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Author Topic: RIP R32  (Read 17122 times)

Offline R32UK

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Re: RIP R32
« Reply #60 on: 17 September 2009, 13:34 »
Quote from: Hairy Porter on 17 September 2009, 10:21
A common misunderstanding.
The registered keeper may or may not be the owner.  They are two different things.

The mods don't allow name changes.

Would you let someone else be the registered keeper of your car unless they paid for it?? No didnt think so. If you pay for something its yours.. until you agree to give it back.

Why dont you try not paying for your road tax the next time its up for renewal. Im sure your local council will be happy to lift your car for you... despite your silly name on the v5.  :rolleyes:
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Offline Hairy Porter

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Re: RIP R32
« Reply #61 on: 17 September 2009, 14:17 »
A leased car is owned by the leasing company.
They just rent out the car to you.
It is never yours (unless they sell it to you at the end of the lease).

The registered keeper is the poor sap that pays the road tax and speeding fines.
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Offline FamilyDub

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Re: RIP R32
« Reply #62 on: 17 September 2009, 15:01 »
Quote from: Hairy Porter on 17 September 2009, 14:17
A leased car is owned by the leasing company.
They just rent out the car to you.
It is never yours (unless they sell it to you at the end of the lease).

The registered keeper is the poor sap that pays the road tax and speeding fines.

Yep.
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MKV GTI | Reflex Silver | 5-dr | Anthracite 17" | Manual | Highline MFD | Cruise | Revision 'D' DV | Dirty Pipes |

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The GTD is like a blow up doll. The GTI is like a proper woman. Sure the doll might last longer, and the woman might have higher running costs, but which would you rather have?

Offline Saint Steve

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Re: RIP R32
« Reply #63 on: 17 September 2009, 18:50 »
Quote from: Hairy Porter on 17 September 2009, 14:17
A leased car is owned by the leasing company.
They just rent out the car to you.
It is never yours (unless they sell it to you at the end of the lease).

The registered keeper is the poor sap that pays the road tax and speeding fines.
It is true, my works van is a lease vehical, you dont own it unless youve payed the full or outstanding balance.

Same applys as your morgage on your bricks n mortar, its not yours, the bank-building society own the origonal deeds untill balance is payed.

« Last Edit: 17 September 2009, 18:51 by Phil Mcavity »
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Offline R32UK

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Re: RIP R32
« Reply #64 on: 17 September 2009, 19:41 »
Quote from: Hairy Porter on 17 September 2009, 14:17
A leased car is owned by the leasing company.
They just rent out the car to you.
It is never yours (unless they sell it to you at the end of the lease).

The registered keeper is the poor sap that pays the road tax and speeding fines.
Incorrect. I dont pay the road tax and I dont get speeding fines.

the same could be true of anything you buy on finance. The shopping you did last week on your credit card could be classed as the same. Only difference is, that I am not committed to buying me car at the end of the lease. Whilst I am paying for it, the car is essentially mine.

If what you say is true.. then even when they sell it to me at the end of the lease, i could whack it on a credit card and the car still wont be mine.
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Offline Rhyso

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Re: RIP R32
« Reply #65 on: 17 September 2009, 19:45 »
Quote from: R32UK on 17 September 2009, 19:41
Quote from: Hairy Porter on 17 September 2009, 14:17
A leased car is owned by the leasing company.
They just rent out the car to you.
It is never yours (unless they sell it to you at the end of the lease).

The registered keeper is the poor sap that pays the road tax and speeding fines.
Incorrect. I dont pay the road tax and I dont get speeding fines.

the same could be true of anything you buy on finance. The shopping you did last week on your credit card could be classed as the same. Only difference is, that I am not committed to buying me car at the end of the lease. Whilst I am paying for it, the car is essentially mine.

If what you say is true.. then even when they sell it to me at the end of the lease, i could whack it on a credit card and the car still wont be mine.

what kind of lease did / do you have then?  :huh:

all our works vans are leased but we still have to pay road tax and as one of them found out last week, speeding fines too. 

If what you say is true then technically you could drive everywhere over the speed limit and never get a fine  :undecided:
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Offline R32UK

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Re: RIP R32
« Reply #66 on: 17 September 2009, 20:01 »
^ re: speeding. I just meant that I dont get done for speeding as i dont speed :lipsrsealed:

re: road tax. I never paid it as that is paid by VW. :smiley:
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Offline Rhyso

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Re: RIP R32
« Reply #67 on: 17 September 2009, 20:06 »
Quote from: R32UK on 17 September 2009, 20:01
^ re: speeding. I just meant that I dont get done for speeding as i dont speed :lipsrsealed:

re: road tax. I never paid it as that is paid by VW. :smiley:

you'd fine then if you did get caught speeding that you'd be hit with the fine and most likely an admin charge from the leasing company

was that part of your deal??

If so then you don't own the car and if you missed so many payments it would be taken away  :sad:
« Last Edit: 17 September 2009, 20:08 by Rhyso »
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Offline R32UK

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Re: RIP R32
« Reply #68 on: 17 September 2009, 20:14 »
Quote from: Rhyso on 17 September 2009, 20:06
Quote from: R32UK on 17 September 2009, 20:01
^ re: speeding. I just meant that I dont get done for speeding as i dont speed :lipsrsealed:

re: road tax. I never paid it as that is paid by VW. :smiley:

you'd fine then if you did get caught speeding that you'd be hit with the fine and most likely an admin charge from the leasing company

was that part of your deal??

If so then you don't own the car and if you missed so many payments it would be taken away  :sad:

No admin charges.

But yes like I states above its no different from anything you have on credit. if you miss you mortgage payments they take your house from you.

Its the same with a lease car.... Its your car whilst you are paying for it.
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Offline sambo

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Re: RIP R32
« Reply #69 on: 17 September 2009, 20:16 »
Credit cards are unsecured lending, anything leased is usually secured on the item you decide to lease, meaning they retain the rights of ownership and can therefore take it back if it all goes pete tong  :cry:
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