Executive Summary
California DMV VIRP section 5.040 (Leased Vehicles) covers the lessor (leasing company) is the registered owner of a leased vehicle and must acknowledge the odometer reading at the time the vehicle is purchased and the. The lessee is not the registered owner and cannot make endorsements regarding vehicle ownership. Part of Odometer Mileage Reporting. Tags Clinic hosts the official manual text unchanged below for dealers and registration services in California.
Key Takeaways
- The lessor (leasing company) is the registered owner of a leased vehicle and must acknowledge the odometer reading at the time the vehicle is purchased and the….
- The lessee is not the registered owner and cannot make endorsements regarding vehicle ownership.
- The lessor may authorize an agent to disclose odometer mileage readings.
- This agent may be the lessee or an employee of a dealership or financial institution.
- That authorization may accompany the application or be kept on file with the dealership or financial institution.
Important Facts
- Manual section
- 5.040
- Chapter
- Odometer Mileage Reporting
- Manual text
- Verbatim DMV VIRP source below the overview