How To Know When To Sell Your Car

Selling Your Car in New Zealand: A Guide

Prepare the Car:

- Clean the car thoroughly inside and out.

- Gather all relevant documents, including the registration, service history, and user manual.

Check the PPSR (Personal Property Securities Register):

- Obtain a PPSR report to ensure there are no outstanding debts or security interests on the vehicle. This report provides information about the car's financial history.

Set the Price:

- Research the market to determine a fair and competitive selling price for your vehicle.

Create an Advertisement:

- Take clear and attractive photos of your car.

- Write a detailed and honest description of the vehicle, including its specifications, mileage, and condition.

- Include your contact information.

Advertise the Car:

- Use online platforms such as Trade Me, Facebook Marketplace, or local classifieds to reach potential buyers.

- You may also consider placing a ”For Sale” sign on the car with contact details.

Negotiate and Finalize the Sale:

- Respond promptly to inquiries and be prepared to negotiate the price.

- Once you agree on a price, finalize the sale details, including the method of payment.

Complete the Sale:

- Provide the buyer with a valid New Zealand sale and purchase agreement (downloadable from the NZ Transport Agency website).

- Fill out the necessary information in the agreement, including both parties' details, the sale price, and vehicle information.

- Sign the agreement along with the buyer.

- Provide the buyer with a receipt acknowledging payment.

Submit the Notice of Disposal:

- Notify the New Zealand Transport Agency (NZTA) of the sale within seven days. You can do this online or by completing a form at an NZTA agent.

Cancel Insurance and Road User Charges (RUC):

- Contact your insurance provider to cancel coverage for the sold vehicle.

- If applicable, inform the New Zealand Transport Agency about the change in ownership for road user charges.

Remove Personal Belongings:

- Ensure you remove all personal items from the car before handing it over to the new owner.

Remember to keep a copy of all relevant documents for your records. If you have any concerns or questions, consider seeking legal advice or consulting with the NZTA for guidance.