Lease to company - requires commercial plates? | FerrariChat

Lease to company - requires commercial plates?

Discussion in 'Other Off Topic Forum' started by DanNE, May 1, 2018.

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  1. DanNE

    DanNE Formula Junior

    Jun 7, 2013
    596
    #1 DanNE, May 1, 2018
    From chatting with a dealer if I lease through my personal company (small business) they would have me as a co-owner and it should not need commercial plates.

    However, the RMV said that there is only one lessee, and if that is the business it will trigger a commercial plate?

    GEICO said that generally leasing to a commercial entity would allow me to put the car in the personal policy if I have personal plates.

    Anybody else faced this issue? Thank you.
     
  2. bball16

    bball16 F1 Rookie
    Rossa Subscribed

    Dec 2, 2011
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    #2 bball16, May 1, 2018
    I lease a car through my business. The reg says my business name, I was the guarantor on the lease and it has regular plates.
     
  3. DanNE

    DanNE Formula Junior

    Jun 7, 2013
    596
    #3 DanNE, May 1, 2018
    Do you know if it depends on the state? Which state was this in if you can disclose? RMV in Taxachusetts didn't really want to listen to this argument and they said company will turn to commercial plates.
     
  4. bball16

    bball16 F1 Rookie
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    #4 bball16, May 1, 2018
    NY
     

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