Travelling Abroad with your Lease Vehicle
Summer tantalisingly close, so many of us will be planning to travel abroad. If you are taking your car and your car is leased, make sure you have the correct paperwork or your holiday could become memorable for all the wrong reasons ….
When you drive abroad you will need to be able to prove, if challenged that the vehicle is yours, to do this you will need your V5. However, if you are leasing a vehicle, the vehicle is legally owned by the finance company with whom your lease is arranged, so they will hold the V5 document. You will need to request a VE103 ‘Vehicle on Hire’ form from your finance company.
The VE103 form is the ONLY legal alternative to the original V5 Vehicle Registration Document and failing to obtain this document before you travel could lead to a fine or even your vehicle being impounded. There is a cost for the VE103; these will vary between finance companies but are likely to be around £12-£15.
To request your VE103 document your finance company may ask for the following information:- country of travel, dates of travel and driving licence details of any person who will be driving, so have these details ready. Make sure you request your documents in plenty of time, on average your VE103 form will take 5 working days, but you can’t leave without it so the earlier you request documents the better!
Once you have received your VE103 form it will be valid for 12 months, covering you for all travel abroad within this period. However, finance companies all have different rules on how long the vehicle can be out of the country. So even though your VE103 certificate is valid for 12 months, you may only be allowed to take your car out of the country for 60 days within this 12 month period. If you are planning to be out of the UK for an extended amount of time, you will need to check your contract to see if there are any restrictions in place.
Remember driving laws differ from country to country so your VE103 document may not be all you need, in some countries you need a breathalyser kit with you and in others you will need a fire extinguisher. Here is Rivervale's at a glance guide to popular European destinations ……
|Car Insurance Certificate||Compulsory||Compulsory||Compulsory||Compulsory||Compulsory||Compulsory|
|GB Sticker or Euro Plates||Compulsory||Compulsory||Compulsory||Compulsory||Compulsory||Compulsory|
|Warning Triangle||Compulsory||Recommended - whilst it is not compulsory to carry a warning triange it is compulsory to use one in the event of an accident||Not Required||Compulsory||Recommended - as is it compulsory for vehicles registered in Portugal||Compulsory|
|Reflective Jacket||Compulsory||Recommended - as is it compulsory for vehicles registered in Germany||Not Required||Compulsory||Recommended - as is it compulsory for residents||Compulsory|
|First Aid Kit||Not Required||Recommended - as is it compulsory for vehicles registered in Germany||Not Required||Not Required||Not Required||Not Required|
|Fire Extinguisher||Not Required||Not Required||Not Required||Not Required||Not Required||Not Required|
|Headlamp Adjustment||Compulsory||Compulsory||Not Required||Compulsory||Compulsory||Compulsory|
|Breathalyser||Compulsory||Not Required||Not Required||Not Required||Not Required||Not Required|
Please Note : Driving laws are subject to change at any time, we would strongly recommend you research the most current laws of the country you are travelling to before you leave.
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The comments above do not necessarily reflect Rivervale's views unless clearly stated.
16 May 2016
Written by Natalie Faughy