Buying a Vehicle Privately in Wanaka? Here's Why a PPSR Check is Non-Negotiable

Purchasing a vehicle privately can feel like scoring a good deal from a mate — a bit of back-and-forth on Marketplace, a sunny test drive around the lake, and just like that, you're behind the wheel. But if you're in Wanaka and you’re buying a vehicle without checking the Personal Property Securities Register (PPSR), you could be setting yourself up for a seriously costly surprise.

What is a PPSR Check, and Why Should You Care?

Think of the PPSR like a vehicle’s financial CV. It’s a national register that tells you whether the car, ute, or van you’re eyeing is being used as security for any lending — by the current or a previous owner.

In short: a PPSR search should give you peace of mind that what you’re buying is debt-free and can legitimately be sold by the seller.

The Risk You Don’t Want to Take

Wanaka’s a place where many are self-employed or setting up shop — electricians, builders, designers, and consultants alike. So the last thing you want when investing in your work vehicle (or weekend escape machine) is for it to be repossessed months down the track because of someone else’s unpaid debt.

Yes, that really happens — and legally, the lender can still take the car, even if you bought it fair and square.

Avoid the Stress: Do This Before You Buy

• Ask for ID and ownership proof — Particularly with Facebook or Trade Me sales. You need to know who the registered owner is to do a search. The seller may say it is ‘their’ vehicle but is might be registered to their company or another family member.
• Run a PPSR check using the car details — It only costs $2.30 and takes a couple of minutes online. Just pop in the rego, VIN, or chassis number.
• Run a PPSR check using the registered owners name — If there is a ‘general security agreement’ in favour of a lender this will include the vehicle even if the vehicle did not show up in the search using the vehicle details
• Don’t be rushed — If the seller is in a hurry, that’s your cue to slow down.

Need a Hand? Chat with Your Local Legal Team

If you're unsure about anything, it’s worth checking in with us. At Checketts McKay Law, we’re local — we get Wanaka’s unique lifestyle, pace, and business environment. Whether you’re upgrading your adventure van or buying a reliable work truck, we’ll help you navigate the fine print and avoid the pitfalls.

Plus, if the worst happens and your vehicle is repossessed, we can advise you on your rights and next steps

17 Dunmore Street, Wānaka