PPSR for Individuals

PPSR for individuals is the online portal that makes buying a new car or other personal property more secure. It allows individuals to check that there are no existing security interests on a personal property like a car or truck before buying it.

Millions of searches are conducted yearly. And they are worth it.

So, are you protecting your interests and making sure that you can make an informed decision when buying a second-hand car? That’s why you need to search the PPSR.

PPSR stands for Personal Property Securities Register. It is a national online registry managed by the Australian government through the Australian Financial Security Authority (AFSA). It keeps a record of transactions involving personal property primarily where the property is used as collateral for the loan.

The PPSR is not a free facility. So, no matter where you run a search you will have to pay a PPSR fee. At QuickRevs, that fee is much smaller than other online PPSR checks.

The PPSR is a critical tool for buying a used car, especially from a private seller. Because the details of the vehicle are in a national database, you can quickly find out the good and the bad details about the car with a click of a button. That’s why you run a PPSR search.

In addition to the PPSR report on whether there is finance owing on the vehicle, the PPSR check will also pull data from the National Exchange of Vehicle and Driver Information System (NEVDIS). The NEVDIS data will give you information such as the write-off history or stolen history check.

You can always use the official government PPSR site to verify a previous PPSR search conducted for a motor vehicle history. You can use the search number on the PPSR certificate to pull the original search results.

But, that is all you’re doing – verifying the report you already have. What this means is that you will pull the same report provided and get the same information that was provided when the search was first conducted.

You will not get any new or updated information subsequent to the original search date. If you want to get up-to-date information before a major purchase, then you have to run a new PPSR search at QuickRevs. This is important, as even the AFSA recommends that you run a PPSR check immediately before you buy so that you will have the most current information at hand.

While you can use the PPSR to get information before making a large purchase, you should know that the PPSR may have information on you too. Once you take out a loan with personal property as collateral, the transaction will be recorded.

If you use your car as collateral for a loan, it will be registered. When you are ready to sell, if you have not fully repaid the loan, it will be reflected in the PPS Register. You will need to make arrangements with the buyer to pay off the loan, or you might not be able to make a sale.

So, if you have a car listed for sale and no one is taking up the offer, it may be that they ran a PPSR search and know that you have finance owing on the car. You can also run your own checks to see what others will get about the history of your vehicle.

PPSR check for individuals is a necessity especially when it comes on to buying a second-hand car in Australia. No one wants to get a lemon. And with the high car theft rate, there is a possibility you could end up buying a stolen car.

Searching the PPSR primarily gives you property encumbrance details such as loans owing against a car. But you can also get other details extracted from NEVDIS and other official records for a complete car history report that carries all the information you need for

• Stolen vehicle check
• Written-off history check
• Registration confirmation details

  Here are some of the key benefits of PPSR search for individuals through QuickRevs.

  Order your official PPSR Check

  Get your official PPSR search results and PPSR Certificate in minutes with QuickRevs. All you need is either the VIN number or the Rego number, and you’re on your way to making the right decision.

  • • Quick and easy access to the PPSR to run a PPSR check
    • Save money using the affordable online PPSR search
    • Get the information you need to make an informed decision before you buy a used car
    • Protect yourself from losing your investment through repossession because of unpaid loans
    • Save you money from unexpected repairs because you can tell if you’re going to get a lemon
    • Verify that you won’t be accused of receiving stolen property if you inadvertently buy a stolen car