Cars For You

The PPSR (Personal Property Security Registration) system is the official register of a security interest in personal property maintained by the Government of Australia. Personal property for the purpose of PPSR includes cars, company assets, boats, used goods, and intellectual property but not land or fixtures. Launched on 30 th Jan 2012, the system substituted all registers of states like the REVS and other vehicle registers, the ASIC Register of Company Charges, and others. Now, why should you do a PPSR VIN check before buying used personal property like cars, caravans, boats, and any other type of vehicle? VIN or Vehicle Identification Number is an exclusive number that is allotted to every vehicle that rolls off the production lines and a PPSR check establishes its authenticity. VIN is a 17-digit number of alphabets and numerical, each digit representing a specific trait of the vehicle - where the vehicle was built, the manufacturer, brand, engine size, and type of vehicle, th...

 The Government of Australia’s official register of a security interest in personal property is known as the PPSR system. The interests are primarily related to debts and other obligations on personal property which include cars, company assets, boats, cars, used goods, and intellectual property but not land or fixtures. Access is provided 24x7 to the register through an online noticeboard and anybody can access it for a PPSR search of a particular property.  A PPSR search shows whether the property you intend to buy is free from all encumbrances and lien so that you can transfer clear title to your name once payment has been made without the fear of repossession later. This is why it is critical to do a PPSR search more so in the case of buying used vehicles as it is very easy to otherwise hide their history. You will be astonished to know that of all the cars put on the market for sale every 1 in 100 is flood-damaged, 1 in 50 has a tampered odometer, 1 in 15 is a rebuilt ca...