REVS vehicle checks go national
Issue Date: Wednesday, 25 January 2012
Doing a REVS check has been standard practice for WA consumers when buying second-hand vehicles privately for many years. Now the vehicle checking system is undergoing major changes as it becomes part of a new national register.
Since November 1988, millions of car buyers have used the Register of Encumbered Vehicles (REVS) service to check whether money is owing on the vehicle they intend to purchase. The new owner is liable for any debt when the vehicle registration is transferred through a private sale and the vehicle could be repossessed if the debt is not paid.
From 30 January 2012, the REVS system will become part of the new Personal Property Securities Register (PPSR), operated by the Insolvency and Trustee Service Australia on behalf of the Federal Attorney-General’s Department.
Commissioner for Consumer Protection Anne Driscoll said the PPSR will incorporate more than 20 existing registers, currently operated by various Commonwealth, State and Territory agencies, and roll them into one national system.
“It certainly is an end of an era. For 23 years REVS has played an important role in ensuring consumers have peace of mind when buying second-hand vehicles privately,” Ms Driscoll said.
“The new system will be much better for buyers and investors as it transcends State borders. Further checks can be carried out on security interests which may be held on an extensive range of personal property, including cars, aircraft, intellectual property, crops and livestock.”
The PPSR will also report on written-off or stolen vehicles via a link to the Written Off Vehicle Register (WOVR), operated by the WA Department of Transport.
The REVS service ends at 5pm on Friday, 27 January 2012 so buyers of private cars are requested to make their checks before then, or wait until the new register opens on the following Monday morning. Licensed car dealers must guarantee clear title to any car that they sell.
More information on the new PPSR system is available at www.ppsr.gov.au or by calling 1300 007 777.
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