Why Would Vendor Sell a Registered Car as "Unregistered"?

jungle on 25/06/2021 - 09:55
Last edited 25/06/2021 - 12:44 by 1 other user

I want to buy a secondary car for my family and checked a few car auction sites recently. From grays.com I found this one

Basically it's a "2010 Ford Mondeo Zetec TDCi MC Turbo Diesel Automatic Hatchback", with Registration No: BZX52Z. The Ad says that it will be "Sold Unregistered, Without Plates".

However, I just checked the REGO "BZX52Z" from RMS - it says that "BZX52Z" will expire in Nov 2021. It is a 2010 Ford Mondeo (VIN Number also shows the same last 4-digits), so it must be that car.

I thought it might be a mistake and gave grays.com a call. The representative told me that it's not a mistake; the vendor wanted to sell it unregistered so that the last 5 months REGO will be wasted. The buyer will have to get a blue-slip and re-register it.

I wanted to understand why? Doesn't the vendor know that REGO is valuable to the car and the bid price will be definitely higher with a valid REGO? Anyone has any ideas?

Thank you!

Automotive

Comments

  • Muzeeb on 25/06/2021 - 10:02
    +6

    that the last 5 months REGO will be wasted.

    No. The owner will be reimbursed the unused portion.

    I wanted to understand why?

    Because seller wants to maximise their return.

    Thank you!

    No wuckers hun.

    • [Deactivated] on 25/06/2021 - 10:08

      No wuckers hun.

      ?? so had to google = 😂

  • mab5125 on 25/06/2021 - 10:03
    +4

    Not sure about NSW, but in VIC the rego won't be "wasted" - you actually get money back for the remaining rego. It is also common to sell a car unregistered to avoid having to get a roadworthy certificate at the time of sale, so it falls onto the buyer in this case to get the RWC and rego.

    Again this is my understanding in VIC, not sure about NSW.

    • ESEMCE on 25/06/2021 - 10:16
      +1

      Red Flag is the lack of RWC, I'd steer clear!
      Mondeoi is a great car, but the MC have the Powershit Dual Clutch transmission.
      It is the "wet clutch" variety of Powershit so has fewer problems than the Focus' Dry Clutch version, but from personally experience it's still shit.

      Mine had a faulty sensor and quoted repair cost was $4k
      Only Ford Dealers could do the work as the cost of the specialty tool for an independent to do the work was $1500, before they even commenced work. No independent that I contacted in Adelaide would consider even quoting the job until I agreed to pay for the tool.
      I traded the car at a ~$5k total loss, a little over a year into my ownership. Figured any trade would be a $4k loss anyway, so my effective loss was only $1k.

  • brendanm on 25/06/2021 - 10:11
    +12

    Buying a 2010 diesel auto Mondeo from grays, what could possibly go wrong?

    • Muzeeb on 25/06/2021 - 10:28
      +1

      OP appears uninformed about vehicles especially buying at auction. Ouch. Also, that black duco is seriously swirled up. I'm guessing car is a lemon. In this overpriced used car market why else would you send to auction.

      • brendanm on 25/06/2021 - 10:43
        +6

        It will have a few gears missing from its transmission, like all the other powershift mondeos.

        People generally can't get even $1k for them in gumtree, so they get sent to the auction, where people who don't know how to google buy them, thinking it's going to be a fantastic trouble free vehicle.

        The vehicle is then a bucket of shit, so the buyer will post on here, Google reviews, or Whirlpool, about how grays is evil and they sell shitboxes that they haven't given a 580 point inspection.

  • Euphemistic on 25/06/2021 - 10:22
    +4

    There is probably a clause in grays terms that say the vehicle must be roadworthy if registered. It might just be that a registered vehicle sold by a dealer must be roadworthy.

    So:
    1. The seller gets a refund on the remaining rego
    2. The seller does not need to ensure the vehicle is roadworthy.
    3. Grays have a get out of jail clause when you find something wrong.

    In NSW I think you need a pink slip (roadworthy check) to sell a vehicle, but it usually doesn’t happen with private sales. It’s not a requirement to transfer rego.

  • BewareOfThe Dog on 25/06/2021 - 10:39
    +4

    Looks like a Red Flag to me.

  • pegaxs on 25/06/2021 - 11:24
    +1

    Mondeo, avoid. It is already well above it's wholesale price.

    On Grays, I have noticed a heap of cars selling for stupid prices and then being relisted a week later. They are either bid padding the price up or the owners are bid padding.

    As for no rego, it would be a case of the owner wanting to scrap back a few $$'s or Grays doing it for the same reason. Most of the no reserve cars are ex-dealer trade ins.

    Have bought a few cars off Grays, and the general consensus is that they are busted arse cars that people offload at trade in time. Every one I have bought needed some major thing fixed. Airbags, ABS, engine lights and transmission issues are the top issues.

    • brendanm on 25/06/2021 - 16:54
      +1

      I've also noticed this with grays, prices go absolutely bananas, the relisted next week.

      I went to the yard to have a look at a couple of cars, they were all absolute wrecks. They are the worst of the auction houses, and get the worst cars.

      • pegaxs on 25/06/2021 - 17:45
        +1

        100% the absolute worst of the auction houses. And the lie and omit shit in their ads as well. It's the wild west of auctions houses. Ive been to the Newcastle yard and every car they had listed there was a virtual wreck.

        One car I was looking at was listed as paint and panel "good" and a comment of "some marks and swirls in paint". I got there, and it looked like it had been washed with a cheese grater and the front looked like it had been the backing wall of a sand blasters yard.

        And I was watching an Abarth 595 (shut up, alright, I'm addicted) and it was no reserve auction. The things sold 8 times. It sold and was relisted the next few days, sold again and returned again the following week. This went on for 2 months. The last time it was listed with a reserve, didn't even make it to 50% of the reserve and never showed up again.

  • bobbified on 25/06/2021 - 11:47

    I don't know how much you know about cars, but I get the impression that you're going to be in a for a shock with these auction cars when you win the bidding and realise that the car has to be towed home instead of driven home.

    A large number of cars go to auction because they can't be sold any other way.

  • Drakesy on 25/06/2021 - 12:04

    100% that car's a lemon
    Probably dealer got it as an unreliable trade in and wanted to offload it so it wouldn't come back to them.

  • jungle on 25/06/2021 - 12:27

    Hi all, thanks all the replies. I was actually just "curious" about the reason for selling a registered car as unregistered - I definitely wont' do that. Some of the replies were a bit off the topic but that's all right; I understand where you were from.

    So the reasons for selling a registered car as unregistered could be:
    1. Get some refund from RMS - that doesn't seem to be a good reason because the value of the REGO to the bidders is very likely to be higher than the refund from RMS;
    2. Avoid a Roadworthy Certificate - this doesn't seem to apply to NSW. Transferring the rego doesn't need a Roadworthy Cerficate in NSW; However I'm not sure if grays has to make sure the car is roadworthy, if it is sold with a valid REGO? Anyone knows that? If that's the case, then buying a car with valid REGO from grays sounds a good deal as I can see some sold prices are much lower than the similar ones from carsales.com.au.

    • RockyRaccoon on 25/06/2021 - 14:10
      +3

      Yes lower than carsales, but remember you have to add another 20% on Grays prices for the buyers premium. Ouch!

  • life is suffering on 26/06/2021 - 16:32

    You can't sell a car in aVic Without RWC. I sold mine unregistered OP since I didn't have time to get it done and costs etc

  • Euphemistic on 26/06/2021 - 17:23
    +2

    From the Motor Dealers and Repairers Act 2013 (NSW)

    Division 2
    56 Sale at auction with number-plates
    (1) A person must not offer or display for sale, or sell, by auction a motor vehicle to which a number-plate is attached unless a current inspection report is attached to the vehicle in the manner prescribed by the regulations.

    Definition

    inspection report for a motor vehicle means an inspection report for the motor vehicle issued in accordance with the requirements of Roads and Maritime Services for vehicle registration purposes or a report prescribed by the regulations for the purposes of this definition.

    ipso facto, car is highly likely not roadworthy.

  • Nathan1994 on 26/06/2021 - 19:31

    If a dealers selling a car 'as traded' in my eyes it was too expensive for them to fix to put in the lot.

  • Pluto88 on 27/06/2021 - 08:56

    Look up Mondeo powershift transmission problems

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