depending on the vehicle, there maybe a dealership guarantee.a used vehicle bought from an auction via a private seller is not covered by a dealer guarantee.īuying at a dealership can provide many benefits including:.You can organise an inspection at your own cost but not on the day of the auction. usually, you are not able to take the used vehicle for a test drive.if the used vehicle is owned by a dealer, consumer guarantees under the Australian Consumer Law apply.auction houses are required to make sure the used vehicles they sell have no money owing on them.Fair Trading is unable to assist with resolving issues regarding private sales.if you buy the used vehicle and there are issues with it, you may have to consider taking legal action against the seller, which might increase costs.you will have to pay if you want the used vehicle inspected by a mechanic.it’s your responsibility to check for money owing on the used vehicle through the Personal Properties Securities Register.no assurances from dealers or protection from consumer watchdog groups.Some things to consider when buying privately: Private salesīuying through a private sale means you could save money, however you will need to rely on your own judgement and knowledge of vehicles. We’ve put together some ideas but it’s good to also do your own research. There are several places where you can buy a used vehicle. Make sure you understand what is covered by any guarantee, and what your rights are if something goes wrong. Used vehicles sold by a dealership are covered by consumer law and may also be covered by a dealer guarantee.You might also like to take out additional insurance. Before you can drive away you must make sure your used vehicle is registered in NSW and you must have Compulsory Third Party insurance.If you change your mind later, you might not be able to get your money back. Before signing any contract, make sure you read and understand everything.Once you find one you like, check that no one owes money on it, and that it is safe to drive.Make sure you understand the total costs involved in buying a used vehicle, such as registration, insurance, maintenance/repairs and interest on any loan.You can buy a used vehicle through a private sale, online, auction or dealership.Before you buy a vehicle, think about what would best suit your needs, lifestyle and budget.
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