⚠️ Critical Check

How to Check if a Car Has Finance Owing

Buying a used car in Australia? Protect yourself from inheriting someone else's debt. Learn how to check if a vehicle has money owing before you buy.

Check Finance Status Now

✓ Instant results • ✓ Official PPSR data • ✓ Only $5.99

What Does "Finance Owing" Mean?

When someone buys a car on finance (like a car loan or lease), the lender registers a security interest on the vehicle. This means the car is used as collateral for the loan.

If the seller hasn't paid off their loan, the car still has "finance owing" or "money owing" on it – and that debt stays with the car, not the person!

⚠️ Why This Matters

If you buy a car with money owing on it:

  • The lender can legally repossess the car – even though you paid for it!
  • You could lose all your money and the car at the same time
  • You have no legal protection if you didn't check first

Real-Life Example

😱

Sarah's Story

Sarah bought a 2020 Toyota Camry for $28,000 from a private seller. The seller seemed genuine and had all the paperwork. Two months later, a finance company knocked on her door and repossessed the car – there was still $15,000 owing on it!

The Result:

  • ✗ Sarah lost the car
  • ✗ Sarah lost her $28,000
  • ✗ The seller disappeared
  • ✗ Sarah had no legal recourse

💡 A $5.99 PPSR check would have saved her $28,000

How to Check for Finance Owing (Step-by-Step)

1

Get the Vehicle Identification Number (VIN)

The VIN is a 17-character code unique to every vehicle. You can find it:

  • • On the dashboard (visible through the windscreen)
  • • On the driver's side door frame
  • • In the vehicle's registration papers
2

Run a PPSR Check

Use the Personal Property Securities Register (PPSR) – Australia's official government database for checking finance and encumbrances.

✓ PPSR Check Includes:

  • • Finance owing / money owing
  • • Security interests registered
  • • Stolen vehicle status
  • • Write-off history
  • • Encumbrance details
3

Review the Report

Your PPSR report will clearly show:

  • Clear title – No money owing (safe to buy)
  • Encumbrance registered – Finance owing (danger!)
4

Make an Informed Decision

If finance is owing, do NOT proceed with the purchase unless the seller can prove the debt has been cleared. Ask them to pay off the loan first and get written confirmation from the lender.

Why a PPSR Check is Essential

🛡️

Legal Protection

Protect yourself from buying a car with hidden debts. A PPSR check gives you official documentation.

💰

Save Thousands

For just $5.99, avoid losing thousands of dollars (or the entire vehicle) to repossession.

Instant Results

Get your PPSR report in seconds, not days. Check the car on the spot before handing over money.

Government Backed

PPSR is Australia's official government register, giving you accurate and legally-recognized data.

Don't Take the Risk – Check for Finance Owing Now

Protect yourself from buying a car with hidden debt. Get an instant PPSR report for just $5.99.

Check Any Vehicle Now – $5.99

✓ Instant results ✓ Finance status ✓ Stolen check ✓ Write-off history

Common Questions About Finance Owing

What happens if I buy a car with money owing?

The finance company can legally repossess the car from you, even if you purchased it in good faith. You'll lose both the car and your money, with very limited legal recourse.

Is a PPSR check legally required?

It's not legally required, but it's highly recommended. If you don't check and buy a car with finance owing, you have no protection under the law.

Can the seller lie about finance owing?

Yes, sellers can lie (intentionally or not). That's why you should always do your own independent PPSR check – don't just take the seller's word for it.

How much does a PPSR check cost?

Our PPSR checks cost just $5.99 and include finance owing, stolen status, write-off history, and more. It's delivered instantly via email as a PDF.

Can I check finance owing for free?

No, official PPSR data from the Australian Government comes with a small fee. Beware of "free" checks – they often lack critical information and aren't legally recognized.

What if the report shows finance owing?

Walk away from the deal, or ask the seller to pay off the loan first. Get written confirmation from the lender that the debt is cleared, then run another PPSR check to verify.