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Information Brokers' PPSR records show details of any financial interest, money owing or leases on used cars. If you are buying a used car from a dealer, the dealer is required to guarantee clear title, which may offer you financial protection from any future disputes. However, if you are buying privately and the vehicle is leased or has money owing on it, the financial institution involved can...
With an Information Brokers Vehicle Report, you can make assessments about the viability of the vehicle you are about to purchase at a guaranteed low price. The range of factors assessed in the report include detailed finance, written off, stolen, registration, odometer and warranty checks. Also part of this report is a vehicle description and market comparison, along with a Green Star and...
When a vehicle is damaged and the insurer deems it uneconomical to repair, they will write the vehicle off and pay the insured sum to the owner. These repairable write-offs can then be bought by opportunists at minimum price, repaired quickly with possible stolen parts, and advertised at a bargain price to an unsuspecting buyer for a tidy profit. Even though the car was cheaper than the same...
If you buy a car privately which is later found to be stolen, you may lose both the vehicle and the money you paid. Ask yourself these questions before buying a car. Do the IDs (registration number, engine number, VIN or chassis number) match the vehicle details? Is the seller the actual owner? Is the price too good? If you have doubts over these questions, chances are the car may have been...