It seems these days that are written language is becoming more and more populated by abbreviations. More and more of them are popping up all over the place. And it can be annoying when yet another one appears that you have never read before. This trend has even made its way into the automobile selling industry, with people throwing about “PPSR” left right and centre.
What exactly does it stand for? The quick answer is Personal Properties Security Register. But what is that, exactly? In this blog post, the best efforts will be exerted in order to properly answer that question in the least confusing manner.
Basically, PPSR is a giant database. If you want to sell your car, or alternatively, if you want to buy a car, and you will want information on it. Also, if you are buying and you need to know the history of the vehicle, along with how much it should be valued at, you consult the PPSR. If you are selling your car and want to know how much to sell it for, again, you consult the PPSR. You can find out what date the car was registered, and so forth.
You can even look up whether or not a car you are looking to buy, or the car you own, has ever been written off in its earlier life. The same goes for vehicles that have been the victims of theft.
When you are on the hunt for a used car to buy. You will already know that it is important to keep an eye out for people trying to rip you off. There are some unscrupulous people out there who are more than willing to tell tall tales about the car they are selling. All they need to do is make the car look good. And not tell you about all the major disrepair under the hood. This is one situation that is helped by checking the PPSR.
A PPSR check is extremely easy to do. This is thanks to the internet, the information highway that has changed everything within the society we live in. There is a website that you can visit, or if you prefer to do things the old fashioned way, there is the phone option. Here is the number that you will need to call: 1300 007 777. This will connect you to the National Service Centre.
Yes. It will cost you some money in order to run a check. But it will not break your bank. In fact, the online cost will be a mere two dollars. If you would prefer to call them up on the phone, this can cost up to seven dollars. You will need to have your credit or debit card on hand to do this, and the vehicle identification number of your automobile. It doesn’t take very long at all.