Buying a used car in NZ... so how does that work then?
Discussion
Hi guys, I'm hoping someone here might be able to give me a bit of advice. I'm a UK citizen, and will soon be moving to Christchurch for a 3 month work placement. I'd like to have a car while I'm there, and figure it makes more sense to buy a cheap banger ($1000ish) and sell it on when I leave, rather than hire a car for the duration.
I've had a good look at the NZTA website, and naturally things are a bit different to the UK; so I just wanted to check that I've understood everything correctly, and maybe hassle you with more dumb questions.
Insurance - is not mandatory.
Roadworthiness - vehicle must have a current WoF, issued within the last month.
Licensing - AKA "rego"? Costs about $78/3 months. Vehicles must be licensed continuously, if licensing after the previous license has expired you're liable for backdated fees.
Registration - buyers must notify NZTA and pay an acquisition fee ($9.41) to get a transfer receipt; you need to show this to the seller before you can complete the sale.
Does that sound about right? Anything else I should be aware of? What can I expect for $1000? So many questions... any help or advice would be very gratefully received, and possibly compensated with beer. Cheers!
I've had a good look at the NZTA website, and naturally things are a bit different to the UK; so I just wanted to check that I've understood everything correctly, and maybe hassle you with more dumb questions.
Insurance - is not mandatory.
Roadworthiness - vehicle must have a current WoF, issued within the last month.
Licensing - AKA "rego"? Costs about $78/3 months. Vehicles must be licensed continuously, if licensing after the previous license has expired you're liable for backdated fees.
Registration - buyers must notify NZTA and pay an acquisition fee ($9.41) to get a transfer receipt; you need to show this to the seller before you can complete the sale.
Does that sound about right? Anything else I should be aware of? What can I expect for $1000? So many questions... any help or advice would be very gratefully received, and possibly compensated with beer. Cheers!
Fantastic response, exactly what I was after - thank you all very much indeed.
Fortunately there'll be another chap coming out to replace me when I leave, so selling the car on shouldn't be too much trouble.
So what's the process of buying from a private seller like? Turn up and have a look, agree terms, go away to sort things out with NZTA and come back a day or so later with an acquisition receipt?
Fortunately there'll be another chap coming out to replace me when I leave, so selling the car on shouldn't be too much trouble.
So what's the process of buying from a private seller like? Turn up and have a look, agree terms, go away to sort things out with NZTA and come back a day or so later with an acquisition receipt?
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