Buying a truck with finance remaining

We encourage all buyers to purchase a PPSR history report before purchasing any truck to check for finance status and more. 

Why is a PPSR report important?

It will tell you if the truck you are interested in buying has any finance secured or owing, and by which finance provider.

What if I buy a truck with finance without checking?

If you buy a truck under finance, and the owner/seller did not disclose this to you at the time of purchase, then you will automatically be responsible for the debt and outstanding payments of the finance. You will also be at risk of losing the car if you cannot afford the repayments. 

What do I do if the truck I am interested in is under finance?

You will need to talk to the seller about how they are going to go about paying off their finance. Once you have made a deal you are both happy with, you can proceed with the sale. Please see our 'selling a truck under finance' section for more information on what sellers can do in these transactions. 

The seller is denying any finance on the truck

If the seller hasn't advised you there is finance or is denying there is finance on the truck, they are either purposefully defrauding you or is simply unaware of the finance, which is unlikely. In either case, it's best to walk away. 

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