kraftwerk
Posts: 4
Joined: Sun Aug 18, 2019 12:59 am

parent leasing and transfer to child / license plates etc

Sat Aug 24, 2019 2:28 am

I am seeking a help to a question concerning a presently leased Bolt

1. My parent is leasing a Chevy Bolt and it is under the parents name
2. can the lease be transferred to parents child that is older 40+?
3. rules/regulations in Michigan?
4. plate transfer help...

Car presently has a plate but childs old car has another plate which he/she want to transfer to the leased car

thanks in advance for your help

marspilgrim
Posts: 17
Joined: Tue Jul 30, 2019 10:13 pm
Location: Chicago

Re: parent leasing and transfer to child / license plates etc

Sun Aug 25, 2019 8:22 pm

You will need to check with your lease holder and the state DMV. But in general I'm guessing this isn't possible. The original lease was a contract between two parties and whomever the lease is from is in control. A lease is simply a long term car rental. The next person getting the keys would be a new and separate financial transaction.
2017 Bolt EV Premier

kraftwerk
Posts: 4
Joined: Sun Aug 18, 2019 12:59 am

Re: parent leasing and transfer to child / license plates etc

Sun Aug 25, 2019 8:25 pm

thanks for the reply. Your reply has been very helpful

all the best

:mrgreen: :mrgreen: :mrgreen: :mrgreen: :mrgreen: :mrgreen:

PackardV8
Posts: 105
Joined: Mon Jun 12, 2017 2:39 pm

Re: parent leasing and transfer to child / license plates etc

Mon Aug 26, 2019 1:48 am

While I haven't done this in MI, leases get bought, sold and transfered every day by the thousands. So yes, it's doable and no, it isn't rocket science. Just speak with whomever made the lease.

jack vines
My vehicles
2017 Bolt Premier Cajun Red
2011 Saab 9-4X
2005 Saab 9-5
1998 Saab 9000 Aero
2004 Ford F250 6.0 Turbo Diesel
1963 Studebaker Avanti
1956 Studebaker Hawk custom with a supercharged Packard V8
1955 Studebaker custom pickup with a Packard V8

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