3 min 0

Checking PPS Register

In Australia there is an online register for personal property available called PPSR or Personal Property Securities register. This helps consumers by providing information regarding personal properties like cars and boats which they are looking to buy. This register does not include either land or buildings.

It is recommended for consumers to check PPS Register before they decide to buy a property. They must check for security interest against that property which will be available in PPSR. If a person buys a property with security interest then the property may get repossessed by entity holding the security interest.

Just for affordable fee, it is possible to do search and get search certificate in PPS Register. The search results in detailed information about that vehicle. Every year there will be millions of searches and meantime registrations are happening in PPS Register.

Verify a search:

It is possible to get the original search certificate through search number. This helps in

ppsr check

  • Viewing the search results online
  • Issue one more copy of search certificate
  • To cross check for information

If one needs to check for existing results, then no need to pay fee again. One must remember that they will receive same information as the first search conducted. In case of motor vehicle, the search results even include NEVDIS. This is nothing but National Exchange of Vehicle and Driver Information. It is always recommended to perform the PPSR search just before buying the property or vehicle. This will ensure the latest information about that property.

Owning an account:

Even without having an account, it is possible to conduct searches as casual user. But in case if consumer has

  • Plans to perform regular searches
  • Want complete details and reports about their use
  • Need more payment options

Then it is better to have an account. In case if the person wants to register on PPS register then they must have an account. Having an account includes both create and manage the SPG or secured party group along with amending, creating, and even discharging registrations. Along with these other time saving benefits of having an account are

  • It allows viewing the recent searches
  • Favorite grantors and SPGs
  • One can create the registration templates

In case when a consumer decides to buy a valuable goods from a private party, offer a credit to an organization, decides to invest to an organization it is better to check for security interest which already exists by using PPSR.

3 min 0

Buying A Used Car – Tips to keep you Covered

Buying a second-hand car used to be a gamble in itself. A used car lot with its salesman is filled with some of the worst horror stories in automobile purchases and it is only natural and prudent to be wary when in the market for a used car. In today’s world of inter connectivity and social media, that slick salesman has gone digital. It is very easy to be overwhelmed by the almost infinite variety of choices online and dealerships. So where do you start?

Think about the why

   Look for a car that will meet your needs. Choices would range from, your daily commute to and from work? An all-purpose family car that’s large enough? Or do you want something for trips to the outback with off-road capabilities? It is not a good idea to purchase a car around the budget as you would most likely sell it down the road if it isn’t chosen based on the why. A car that meets your needs will stay with you the longest and will be the biggest bang for your buck. 

Paperwork

ppsr check

     Ensure that the vehicle is not encumbered with anyone. You can get this information by having a ppsr check done on the vehicles paperwork. In addition, also make sure that the identifiers ( VIN number, serial number, chassis number ) match those of the documents. Having the VIN checked will also let you know whether the car has been involved in any accidents or disasters.

Safety and the Odometer

     Any car made within the last 10 years would have ABS and airbags. Those two are a must at least for the relative safety over those who do not come equipped. The odometer reading of a car is also very important and most modern cars will have tamper-proof readings. The less the odometer reading, the better. The general rule of a good reading would be 15-25k per year that the car has been in existence. If you find a car like that it is a good deal. Test drive that car and see if you click.

The Test Drive

     A test drive can reveal much about a used car. With the car standing still and unmoving, you won’t be able to tell if something rattles or squeaks or if there is anything funny about how its engine sounds. Furthermore, by sitting in on the driver’s seat, you can gauge how comfortable the ride would be when you actually use it.

     So there you have it –  start with the why follow up with the paperwork, check out the safety features and test it out. This may not be foolproof but it will give you a shot for a good car.