the lessee has the right to expect the lessor to make all necessary repairs in a timely manner
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For the most part, EV purchases do not generate the same discount rates as leases since the dealership would no longer be able to claim the full credit regardless of vehicle price, assembly location, battery sourcing, or lessee income.—Hughey Newsome, Forbes.com, 10 Sep. 2025 The lessees were wealthy individuals from places like Detroit and Chicago who wanted to build homes on the 300-foot bluffs overlooking the water and were willing to pay $15 to $25 per year in rental fees for the privilege.—Sarah Kuta, Smithsonian Magazine, 9 June 2025 However, Stein said Emerick was not able to find a suitable lessee for the prime real estate.—Camila Pedrosa, Sacbee.com, 20 May 2025 The lessee doesn't own the vehicle and must return it to the dealer when the lease expires.—Chris Kirkham, USA Today, 16 May 2025 See All Example Sentences for lessee
Word History
Etymology
Middle English, from Anglo-French, from lessé, past participle of lesser to lease — more at lease
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