Anyone who has a car or who are planning to buy a car knows that a VIN number is very important. You know that it has a lot of uses for digging up a lot of information. Let us understand why it is so important and what a search with VIN number can tell you.
What Is a VIN Number?
VIN stands for Vehicle Identification Number. It is a specific number and it will only represent one vehicle. The number has many details like the code of the manufacturer, the country of manufacture etc. But we are not concerned about all that. What really matters is that how the number is going to be helpful to us.
When you are planning to buy a used car, this number is very important. Using the VIN number, you can order an affordable revs check and find all the details about the car you are going to buy.
Avoid Purchasing A Stolen Car
The first thing that a VIN number search can help you with is to tell you whether the car you are trying to buy is a stolen one. Not all people are honest, though we will like to believe so. There are many vehicles which are written off. These vehicles are so badly damaged that they may not be roadworthy.
People purchase such vehicles and use that VIN number to sell stolen vehicles. This is called rebirthing of a car. If you buy a rebirthed car you could land in a legal problem. You could not only lose the car but also land in jail.
If you do a VIN check on the PPSR you will come to know whether the VIN number belongs to the car that you are going to buy. That will tell you whether the car is stolen or not. The VIN number is also mentioned in some of the important parts of the car. This ensures that these parts also cannot be stolen and sold separately.
Identify Written-Off Vehicles
The VIN number is also useful in finding out whether the vehicle you are planning to buy has been written-off. Some people may try to sell you a car which is written-off by the authorities. If you check the PPSR using the VIN number you can find out whether the vehicle has been written off. You will know whether you can drive the car once you have purchased it.
Security Interest On The Car
Another important information that a VIN check on PPSR can bring out is the financial burden on the car. You could be buying a car which has been kept as collateral for a loan. If you are buying the car from a dealer, he will mostly tell you this. But, if you are buying from a private seller he could hide the fact that someone has a security interest on the car. This means that there is an unpaid loan on the car. If you didn’t know this and purchased the car, the one who gave the loan could come and take the car from you or make you pay the loan.
