PPSR is the acronym for (Personal Property Securities Register). The PPSR was introduced in Australia on 30 January 2012. This brought about a change in the way people manage their credit and security interests. The main objective of this reform was to help individuals protect their business and reduce possible risks. The PPSR registration helps to provide ways for easy tracking of personal property especially vehicles. This system helps for the prevention of needless problems and complications.

One of the major reasons why this personal property security register was implemented was based on the fact that it allows individuals to put up their vehicle as ‘collateral’ for a loan. This Personal Property Security Registration gives the lender the assurance that their money will be returned.

For a person to register a vehicle for PPSR, the major requirement is the Vehicle’s identification number. Anyone can register their Vehicle on the PPS register by going through a secured party, their agent, or it can be online through submitted registrations. During registration, it is recommended that as many fields are entered in order to improve accuracy, although they are not mandatory.

Why you need a PPSR check before buying a used vehicle

Most people make use of their vehicle as collateral when lending money or applying for a loan. In some cases, the individual borrowing the money might not be able to meet up with the agreed conditions. In any case where the loan is not returned and the individual is not able to pay, then the lender reserves the right to take possession of the registered vehicle. What this mean is that the lender can decide to sell the vehicle in order to raise the rest of the money that is owed to them.

Vehicles are the most properties used by people as collateral when requesting for loans or when borrowing money. And there is no denying the fact that vehicles are arguably the most sold property by most individuals. For this reason, it is important to perform a PPSR Search on the vehicle you want to buy before finally making a decision.


The vehicle identification number (VIN) is required when ordering a PPSR reports. Performing a PPSR check will help you know if the used vehicle you want to buy is encumbered. This will help save you from the disappointment and probable loss of the purchased vehicle.