Are you holidaying at home this year and buying a used car, caravan, motorbike or boat privately?
As international and some state borders remain closed, more and more Australians are booking local holidays and there is an increasing interest in purchasing second-hand caravans, boats and cars.
The Personal Property Securities Register (PPSR) is a national online register that provides important information to help protect consumers when they are buying personal property like cars, boats, caravans and trailers. The PPSR does not include land or buildings.
A $2 PPSR search before purchase provides peace of mind that the item is:
- safe from possible repossession
- not reported as written off
- not reported as stolen
- not subject to the Takata airbag recall.
A PPSR search costs just $2 and is a service provided by the Australian Government.