What documents are needed when selling a car with finance owing?
The documents you need when selling a car with finance owing in Australia: payout letters, PPSR discharge, finance agreements, and what to hand over at settlement.
Why do we love our cars so much?
Have you ever felt sad selling or trading in a car? Perhaps you’ve named your car, or assigned it a gender. Survey results indicate that more than 70% of drivers feel attached to their car, with 36% even describing their vehicle as an ‘old friend’.
So why is this? Why do we feel so emotionally connected to steel and rubber? There could actually be a number of reasons at play here.
Youthful freedom and independence
Getting a driver’s licence is still considered a rite of passage for plenty of young Aussies, symbolising that launch into independence and freedom. This feels particularly meaningful in Australia, where there are a lot of places that public transport doesn’t reach. In fact, we have around 7.7 million square kilometres we could explore without ever having to get on a plane!
So perhaps on some level, we feel deeply attached to that youthful feeling of having open-ended possibilities ahead of us.
Time together
If you’re one of the 50 to 60% of Aussies who drive to work, you’ll no doubt spend a decent chunk of time in your car every week. Perhaps you do the hectic school run every day, or go on long country road trips on weekends. With all this time spent on the road, it’s really no surprise we start to see our cars as extensions of our living rooms (and even our wardrobes). In between the destinations, our cars are often where we connect, catch up, decompress and make memories together.
