What is the Registration Status section in a vehicle history report?

The Registration Status section in a carVertical report provides information on any registration restrictions associated with the vehicle. These restrictions may affect its legal use on public roads.

What you can learn from the Registration Status section

A yellow warning sign will appear at the top of the Registration Status section if any available records are associated with this area.

Our reports typically show restrictions related to security interests. A security interest in Australia refers to a legal right that a lender or creditor has over the vehicle as collateral for a loan or other financial obligation. It is typically created through a financing arrangement where personal property, in this case, a vehicle, is used as security to ensure the repayment of the loan.

The security interest record in the Registration Status section indicates that the vehicle may be repossessed by the lender/creditor if the borrower defaults on payments. Check this section to ensure all financial obligations are settled.

Why this section may be incomplete or missing from the report?

The information included in the report depends on the availability of data. If the Registration Status section is empty, it means that there are no records available in our partners’ databases or the vehicle doesn’t have any registration restrictions.

Why are registration restrictions important when buying a used car?

Knowing registration restrictions when buying a used car is crucial because they can impact your ability to legally register and own the vehicle. Issues like seizures, liens, or a car being marked as scrapped or stolen could prevent you from transferring ownership or registering the car, leading to legal complications or unexpected costs.

Still have questions? If you need more help understanding the Registration Status section of your report, feel free to reach out to our support team.