Buying a Boat Do a Watercraft VIN Check First

1. Buying a Boat? Do a Watercraft VIN Check First This post will take you through what you should compulsorily follow, including a watercraft VIN check, before investing in your dream boat. Let’s start with what is VIN. It is a 17-digit number that is unique to all cars, motorcycles, caravans, and boats and gives critical information about them. No two VIN are similar, just like a fingerprint. Each digit represents one aspect such as the manufacturer, make, and model. All these are important to know that you are buying a genuine vehicle and not a stolen one. For a boat, a watercraft VIN check will do it for you. Here it should be mentioned that VIN is typically for land-based vehicles and for a boat, it is a HIN or Hull Identification Number that is imprinted on a plate and attached to the hull of a boat. A watercraft VIN check is done through a PPSR (Personal Property Security Register) search. It is an online system that is maintained by the Government of Australia and has all the particulars of all vehicles registered in the country in every state. Through a VIN check, you will know whether the boat you are buying is a stolen or a genuine one or whether there is any debt outstanding against it.

2. Why are these facets important? If you have paid for a stolen boat, it will be repossessed from you when you approach the authorities to register it in your name. The same is the case when any loans are outstanding against it. You cannot get a clear title to your name unless all the dues are cleared by the seller. Remember, a watercraft VIN check can save you thousands of dollars.