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Buying a old car is a tricky but a smart choice if you want to save money. But you got to be careful. Some cars may look okay on the outside but may have big problems inside. The problems can come from  being written-off declared before or it could be from prior flood-damage . A written-off or flood-damaged car is illegal to drive in Australia. It can also cost you a lot in repairs. In this blog, we will show you how to spot a written-off or flood-damaged car, and how to avoid buying one. What Is a Written-Off Car? A written-off car is a car that was badly damaged in an accident or disaster. It’s called a “write-off” because the cost to fix it is more than the car’s value. There are two types of write-offs: Statutory Write-Off : Too damaged to repair. Can never be registered again. Repairable Write-Off : Can be fixed and re-registered, but must pass checks. To know if a car is written-off, do a VIN Check or PPSR Search before you buy. What Is a Flood-Damaged Car?...

Buying a  used car  one way to save money when every dollar counts. But what if the car still has owing money on it by others? That means the person selling the car hasn’t paid it off yet. This can lead to big stress for you — even if you pay the seller in full. Finding any debt on the vehicle you wish to buy is important. Before you buy a car in Australia, it’s most important to check if any money owing on it. In this post, I will show you how to do that step-by-step in plain form. Why It Matters: Don’t Get Stuck With Someone Else’s Debt If you buy a car that has money owing, the finance company still owns it . That means the bank or loan company can take the car away — even after you’ve paid for it! This is called an encumbrance . If the car has an encumbrance, the lender (like a bank) can repossess the car. You’ll lose the car and the money you spent. Learn more here: What Is an Encumbrance? Why It Can Ruin Your Car Deal Signs That a Car Might Have Money Owing Her...