11 Nov Buying A Used Car – some tips and traps
It is quite common for issues to arise from the purchase of a Used Car. The Australian Financial Security Authority (AFSA) has recently expressed concerns with such sales. We thought it useful to provide the following tips. They also let you know where you can find more information which is available from the various government organisations who oversee this area. The tips are for dealers as well as consumers. A PPSR SEARCH on the Personal Property Securities Register There is a fee of $2 for a PPSR search. It is especially important when privately purchasing cars, motorbikes and more. The PPSR can tell you if the vehicle you want to buy is safe from possible repossession, or if it has been reported written-off or stolen. AFSA's newest video, available now on YouTube, highlights the key information a PPSR search can provide. We encourage you to access this short video if you are considering purchasing a second hand vehicle privately. To complete a search, you’ll need the vehicle’s serial number, such as a VIN or chassis number, and a credit or debit card for payment. Just do it and you will save possible future anguish. Consumer and Business Services (CBS) The CBS is the South Australian government...
