With respect to owning vs. leasing-
Assuming the leasee is the registrant of the vehicle and is deemed a scofflaw, DMV will not allow him/her transfer plates to a new car-They will not issue new plates either. I’ve seen it happen
Assuming the leasee is the registrant of the vehicle and is deemed a scofflaw, DMV will not allow him/her transfer plates to a new car-They will not issue new plates either. I’ve seen it happen
I'm not talking about transferring plates. I'm talking about transferring the car to a new owner and the new owner getting new plates.
I know nothing about leasing problems as when I looked into it years ago it didn't make sense to me to be done for non-business purposes i.e., where the lease payments could be expensed, so since I didn't see any advantages to me I didn't spend any time researching the disadvantages.
As far as I can tell the leasee's who make out are those who leased just before the COVID hit (and the the purchase price at the end of the lease was way below the current market value of the car).