Company Lease Car - letting family member have main use

[occasionalranter]

I'm major shareholder and director of X Ltd which has leased from VWFS the car I'm driving. Until now I have been the main driver of the car, with just my wife as occasional user. Insurance taken out by me as policyholder and main driver with wife as additional driver. Admiral were happy to treat me personally rather than X Ltd as their customer: the online quote process allows for situations where the policyholder is neither owner nor registered keeper.

I would like to allow my son to have main use of the car for the remaining year or so of the lease, as I have got my eye on something else a bit more exciting .

Do I need to ask/tell VWFS re a change in who will drive the car ? I can't see anything in the bundle of initial documents I signed that restricts who can drive, it's all just referring to X Ltd as the lessee. X Ltd is of course happy to let my son use the car. He isn't an employee though his area of expertise in his own work means he could easily provide consultancy type work that would more than justify the benefit he's getting, but I'm happy for HMRC to view me as getting the benefit still and for the BIK charge to fall on me, what i'm worried about is simply whether VWFS have any say in it ?

[alscar]

I would suggest it’s more the Insurer that needs to be told and agree your son being added as a named driver.

[occasionalranter]

Ideally I'll get him to insure it under his own policy if this goes ahead, just asking about how much say VWFS has... ?

[Sheepshanks]

With car being leased to the company would VWFS have any knowledge of who is driving it?

[alscar]

occasionalranter said:

Ideally I'll get him to insure it under his own policy if this goes ahead, just asking about how much say VWFS has... ?

Well I don’t know for sure but I still don’t see why they even need to know - do they know who is currently driving it besides you for instance ?
However surely it’s just a simple phone call to get it confirmed.

[alscar]

Sorry just realised I said virtually the same as Sheep did.
I would reiterate just give them a call.