Regional Auctions
Below is a step by step guide to finalising the purchase of a vehicle from a Public Trustee Regional vehicle auction. For regional auctions the full purchase price is payable by 12 noon on the second business day after the auction.
1. Go straight to the Cashier's Office and pay the $500 deposit.
- The Auction Office is located in the vicinity of the auction site. If you need to arrange a lease package or hire purchase on your new vehicle, the cashier can arrange for a tax invoice to be prepared and faxed directly to your finance company.
2. Organise the balance of your purchase price.
- The easiest way to pay the balance on the vehicle you buy is to make payment to our cashier on the day of the auction. The cashier will be available on site until 1.00pm on auction day. After this time you will need to make payment to any office of The Public Trustee throughout Queensland. A list of these offices is also available from the cashier.
- The deadline for the final payment on your vehicle is 12 noon on the second business day after the auction.
- When paying, $21 should be added to the purchase price to cover the cost of providing a Security Interest Certificate.
- All cheques should be made payable to Public Trustee of Queensland.
- Once you have paid for your vehicle you will be supplied with the key/s to your new vehicle. You will also be given the vehicle log book (if supplied) and any ancillary paperwork in relation to your purchase.
3. Insure your vehicle.
- The advantage of paying the balance of the vehicle on the day of the auction is that the cashier can supply you with a roadworthy certificate for your vehicle. Once you have received this certificate it is important to arrange compulsory third party insurance for your vehicle which will enable you to drive the vehicle to Queensland Transport to register the vehicle.
- The insurance representative who is located on-site in the auction office on the day of the auction can arrange your insurance. They can also organise quotes on comprehensive insurance or help you with any other insurance needs you may have. Personal cheques are accepted.
- If you pay for the vehicle after the auction day you will be required to organise CTP (Compulsory Third Party) insurance from you’re your nominated insurer which will enable you to drive the vehicle to Queensland Transport to register the vehicle.
4. Register your vehicle.
- After you have paid for the insurance of your vehicle, proceed to the local Queensland Transport Office to organise for your vehicle to be registered.
- Please ensure that you have appropriate identification, the Roadworthy Certificate, your Public Trustee receipts and your insurance certificate for registration purposes.
- Queensland Transport will accept personal cheques for payment of registration.
- Once you have paid the registration and stamp duty on your vehicle, Queensland Transport will provide you with a set of number plates.
For all Auction enquiries please email auctions@pt.qld.gov.au
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