If you're considering purchasing a used car in Australia, it's essential to know whether the vehicle is under finance before you sign on the dotted line. You can do this through a PPSR check, but these aren’t always free of charge. Fortunately, there are ways to check if a car is under finance in Australia without having to pay a fee, so you can learn all about how to do so right here in Savvy’s helpful guide.
In Australia, there are several ways you may be able to determine whether the car you’re looking to buy is under finance without having to pay a fee, including the following:
It's important to note that while these methods can help you determine if a car is under finance, they may not necessarily provide other critical information such as the vehicle's accident history or odometer readings. For a comprehensive understanding of a used car's condition and history, you may need to obtain a paid vehicle history report from reputable providers.
Before purchasing a used car in Australia, it's crucial to check if the vehicle is under finance to avoid potentially sticky situations in the future (for instance, buying a car under finance could lead to it being repossessed by the lender if you weren’t aware it was under finance). Remember that a thorough check of the car's financial status is just one step in ensuring a safe and informed purchase.
State and territory government transport agencies offer online services which allow you to check the registration details of a vehicle, which are useful to determine whether they’re currently registered and when it expires. These services are usually available on official government websites and may require the vehicle's registration number or VIN. Check your state or territory government’s site to see what information you need to find out more information about the vehicle’s registration.