Fincar February 27, 2019 No Comments

In the overwhelming majority of cases, we’re comfortable purchasing a car that we can drive away on the spot. There are undoubted benefits as far as convenience, negotiating power, cost savings and dealing with any issues. However, sometimes a deal may come along that is too hard to pass up. You look closely, but you realise the seller is interstate. What are your options? Is it worth the hassle, or should you consider refocusing your search on something closer to home? Let’s take a look.

Inspection arrangements are more complex

Most car buyers appreciate the peace of mind that comes with inspecting a car in person. The complication of being in a different state however, is obvious enough. If you’re not prepared to head over and inspect the vehicle, then your options are limited. You are also taking a large risk. Avoid this, no matter the cost savings. You may consider the option of engaging a friend, buying agent, or arranging for a third-party inspection service.

Arranging transport is costly

It’s no secret that our capital cities are very far apart. So as far as transporting a car from interstate goes, your expenses are going to add up very quickly. There are dedicated freight companies who can collect and deliver the car, however this service is not cheap. Make sure you obtain several quotes. If you arrange to head interstate and drive the car back, you will need to budget for flight expenses, fuel as well as considerable time and possibly even accommodation. These days you may also engage a third-party driver to courier the car, although this doesn’t always sit comfortably with some car buyers.

Conduct appropriate background checks

Before you pull the trigger and purchase an interstate car, make sure you review the national PPSR registry and records with the roads authority in the state where it is located. You will want to ensure the car is not stolen, written-off or under finance, as well as review its general sales and odometer history. You will need the vehicle identification number (VIN) before you start. Don’t rely on the seller. It’s important that you see this for yourself, or have a trusted contact who can verify the car’s VIN in person.


Registration and insurance processes are different

If the car is already registered, you will not be able to transfer it directly from the existing owner in one state, to your name and address in a different state. Therefore, sellers usually cancel local registration. However, there is a 14 day window after a change in ownership in which any interstate registration must be transferred over if it is not cancelled. If the registration is cancelled, or it is a new car that is unregistered, you may apply for a temporary unregistered vehicle permit to drive the vehicle home. Keep in mind, once you try to register the vehicle in your home state, it must be certified as roadworthy. Each state has different standards regarding this. Insurance matters also differ by state, so it not only pays to check with the relevant roads authority, but your insurer as well.


The Fincar team is here to help you with all your financing needs. Contact us today to help arrange your next car or equipment loan.