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Showing posts from September, 2022

What is PPSR Search for Vehicles

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What is PPSR (Personal Property Security Registration)? It is the official register of a security interest in personal property that is maintained by the Government of Australia. The security interest in personal property is primarily related to areas of debts and other obligations such as personal property being under lien to a financial institution because of debts outstanding against it. Every year in Australia, there are millions of PPSR searches being carried out. Personal property for PPSR search is related to cars, company assets, boats, cars, used goods, and intellectual property while land and fixtures have been kept outside its purview. Hence, if you carry out a PPSR search vehicle for say a used car, boat, caravan, or motorbike, you will get all its particulars. A PPSR search vehicle is done through the VIN which is a 17-digit number that is embossed on a vehicle. For instance, the number for cars is on the doorpost on the driver’s side or the dashboard portion nearest

The Purpose of Undertaking a PPSR VIN Check

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The official register of a security interest in personal property maintained by the Government of Australia is known as the PPSR (Personal Property Security Registration) system. For defining personal property from the PPSR perspective, it includes cars, company assets, boats, used goods, and intellectual property but leaves out land or fixtures. This system was introduced on 30 th Jan 2012 and this new process did away with the existing registers maintained by states such as the REVS and other vehicle registers and the ASIC Register of Company Charges.   There are several reasons for doing a PPSR VIN check before buying used cars, caravans, boats, and any other types of vehicles. The VIN or Vehicle Identification Number is a 17-digit exclusive one that is allotted to a vehicle after manufacture. Each digit comprises a mix of alphabets and numbers that represents one trait of the vehicle. These are where the vehicle was built, the manufacturer, brand, engine size, and type of veh

Why a Stolen Boat VIN Check is Important Before Buying A Used One

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In the world of boats, a HIN (Hull Identification Number) is the equivalent of a VIN (Vehicle Identification Number) for land-based vehicles. Any boat that has been manufactured after November 1, 1972, must have a HIN. But as HIN is always used interchangeably with VIN, this post will follow the trend too. A VIN for a boat is like a fingerprint. Not only is it unique to a specific boat but it also gives a lot of information such as finance, recalls, insurance, registration, titling, and more. When you carry out a stolen boat VIN check , you will get all these particulars and will instantly know if the boat is genuine and can be bought. Since all this information is taken from a database maintained by the Government of Australia, you can be sure that the stolen boat VIN check report can be depended upon. To know the VIN of the boat, look at the transform of the boat on the right starboard side. The VIN is embossed on a plastic or metal plate attached within a couple of inches from