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Purchase and sale in New Zealand


Purchase and sale in New Zealand

If you want to have a extended holiday in New Zealand, and you would prefer to have your own transport it may be cheaper to buy a car or van and resell it just before leaving. If you use this method travel across Cook Strait can be expensive. If purchasing a car for NZ$500 or less it may be cheaper to buy and sell a car in each island separately. In addition to the usual ways to look for a car (newspapers, accommodation noticeboards, car markets etc) New Zealand's biggest online auction website Trademe and biggest free classifieds Trade and Exchange have many listings. You can also try the backpackers car market where there are usually people selling their cars off cheaply. Car auctions can also be a suitable option if you are looking to buy a car. Turner's Auctions have regular auctions and are based in many cities. Look out for "Repo" auctions, where the cars being sold are as a result of reposession. Should any previous ownership problems have existed, these will have been resolved before auction commences. The following things need to be checked in order to safely purchase a vehicle in New Zealand:
  • there is no debt on the vehicle. In NZ, if a loan of money is used to purchase a vehicle, then the debt is associated with that vehicle even if it is sold, in which case the new owner then has the problem of the debt. Selling a vehicle with debt associated with it in NZ is illegal. Checking for debt is an easy process as a central register is kept.
  • the vehicle has not been stolen. Contact the police with the registration plate and VIN (vehicle identification number).
  • legally, the vehicle must have a Warrant of Fitness valid for at least 30 days (unless advertised "as is, where is"). The expiry date will be written on the inside of the car window sticker.
  • the Registration expiration date is not in the past. This label is usually on the left side of the car window.
  • the vehicle needs a physical check for faults, there are companies in main centres that provide this service.
  • When you sell a vehicle it is very important to go to a Postshop outlet to record the transfer otherwise any subsequent speeding fines, parking tickets etc will be recorded in your name. Car insurance is not compulsory in New Zealand but at least third party insurance is recommended. Diesel vehicles have additional requirements, as diesel is significantly cheaper than petrol but there are additional charges based on distance traveled.

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    New Zealand Travel Guide from Wikitravel. Many thanks to all Wikitravel contributors. Text is available under Creative Commons Attribution-ShareAlike 3.0, images are available under various licenses, see each image for details.

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