If a husband and wife are buying out their lease and want to put it in their trust's name, does it still qualify as a LBO and do they need additional documents?
If a husband and wife are buying out their lease and want to put it in their trust's name, does it still qualify as a LBO and do they need additional documents?
Yes, it is still a lease buyout because the operator of the vehicle is the same, which would be marked on Section B of the REG 256.