Vehicle Industry Registration Procedures Manual

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Section 6 of 38

Chapter 5: Odometer Mileage Reporting

5.040 Leased Vehicles

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 mileage is disclosed. 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.

If the appointed agent is an employee of a dealership, that same employee cannot sign for both the dealer and the leasing company on the same transaction.

Odometer disclosure is not required for a change of lessee, if the lessor remains the same.