WHAT DO I HAVE TO DO BUYING A CAR PRIVATELY?

 

Most people have a good idea of what type and style of vehicle they intend to buy, they also have an idea on how much they are willing to spend, it is then a matter of locating a suitable vehicle.  Here are the steps to follow.

PRE-PURCHASE PROCEDURE

1. Use the Internet and chose one or all of the following web sites.  www.drive.com.au, www.carsguide.com.au, www.carsales.com.au or

    tradingpost.com.au. Enter you search criteria. 

2. Select, inspect and test drive at least three (3) vehicles.

3. Select the vehicle that you are happiest with. Do NOT pay a deposit and do NOT show the seller that you are enthusiastice about the vehicle.  Inform the

    seller that you intend to have the vehicle checked out and that someone from Car Solutions will call to make a time to do so.

4. Get the seller to agree to a price.  Do NOT commit yourself to that price, or to buying the vehicle as yet, wait until after the Pre-Purchase Inspection.

5. Book a Pre-Purchase Inspection by calling 1300 30 30 12 (allow 24 to 48 hours for the inspecion to take place).

6. Read the Pre-Purchase Inspection Report carefully.  If you intend to proceed either have Car Solutions complete the price negotiation for you ($99) or

    finalise the price negotiation yourself. Agree with the Seller on a price.

ACTUAL PURCHASE PROCEDURE

1. On the morning of collectiing the vehicle complete a REVS check yourself.  You must BUY a Certificate, the fee is very small.

2. Draw a Bank Cheque in favour of the Registered Owner.  NEVER pay cash.  Do not pay anyone other that the Registered owner, except where Finance

    is owing on the vehicle. If the Vehicle is under Finance:

    2.1. Get the seller to provide you with a Letter from the Finnacier stating the amount owing and the date the pay-out is valid to.

    2.2. Get a Bank Cheque drawn in favour of the Financier.

    2.1.1. If the amount owing to the Financier is less than the amount you have agreed to pay the seller, get a second Bank Cheque drawn in favour of the

              Registered owner.

    2.2.2. If the amount owing to the Financier is more than the amount you have agreed to pay the seller, get the seller to hand you a Bank Cheque drawn in

              favour of the Financier.  Alternatively get the seller to make a payment to the Financier so that the amount you have agreed to pay is the amount

              that remains owing to the Financier.  Get confirmation from the Financier that the Payment from the seller has been received and has cleared.

3. Call your Insurer and organise comprehensive insurance.

4. Before handing the Cheque to the Registered Owner of the vehicle, sight the Drivers Licence to confirm that the person you are handing the Cheque to

    is the person you think it is and simultaneousely

5. obtain the Registration Certificate, ensuring that it is signed by the Registered Owner on the back to allow you to transfer the Registration into your

    name. Confirm that the signature matches that of the Driver's Licence of the Registered Owner. The moment you drive the vehicle of the property it is

     LEGALLY YOUR VEHICLE - NO WARRANTY APPLIES - YOU ARE ON YOUR OWN.

6. You have 14 days to transfer the Registration of the Vehicle into your name. Even if you do not transfer the Registration, the Vehicle is still yours.  The

    RTA will apply a surcharge (penalty) however if you fail to transfer the Registration within the prescribed period.

    END

      

For further information Call 1300 303012 or write to info@carsolutions.com.au