The Register of Encumbered Vehicles stores details on cars that have interests registered against them. A lender that takes a car as security for a loan will register an interest in the car.
It means that there is an outstanding finance on car. In these cases the borrower is the registered owner. He or she cannot sell the car without the lenders authorization. It means that there is an outstanding loan against the car. A REVS check will tell you if there is an interest registered against a car.
Don’t take a chance when buying a second-hand car in private. Do the REVS Check first. The reason why is because if the car has money owing on it there is a chance the car could end up being repossessed. If this happens then you may have to loose the money.
You can get a REVS check by contacting MTA Vehicle Inspections in Australia. They provide the cars registration number, engine number and vehicle identification number. If REVS advises you that there is no encumbrance - interest registered against the car for a small fee you can obtain a REVS certificate gives you safety against reclamation.
It means that there is an outstanding finance on car. In these cases the borrower is the registered owner. He or she cannot sell the car without the lenders authorization. It means that there is an outstanding loan against the car. A REVS check will tell you if there is an interest registered against a car.
Don’t take a chance when buying a second-hand car in private. Do the REVS Check first. The reason why is because if the car has money owing on it there is a chance the car could end up being repossessed. If this happens then you may have to loose the money.
You can get a REVS check by contacting MTA Vehicle Inspections in Australia. They provide the cars registration number, engine number and vehicle identification number. If REVS advises you that there is no encumbrance - interest registered against the car for a small fee you can obtain a REVS certificate gives you safety against reclamation.
