twro Posted 20July, 2019 Report Posted 20July, 2019 Selling used cars on consignment is illegal for Victorian dealers (licensed motor car traders), but legal in NSW and most other states (e.g. legal in WA, QLD and TAS) Does anyone know why it's illegal in Vic?? I have heard plenty of rumours about the Melbourne prestige dealers selling on consignment behind-the-scenes, and also service specialists. But it seems weird that it has to be clandestine. If I wanted to sell my car on consignment, couldn't I drive it to Sydney and park it with CTS on consignment, and if a Victorian buyer wants it the car then comes back down here? So in effect a consignment sale in Vic, but through a NSW dealer?
1q2w3e4r Posted 20July, 2019 Report Posted 20July, 2019 It's the dealer (VIC), not the registration that is the issue as I understand it.
firstone Posted 20July, 2019 Report Posted 20July, 2019 Victorians aren't considered as credible since that's where all the original escaped convicts ran to from NSW back in the day? 😆
Howe Posted 21July, 2019 Report Posted 21July, 2019 So when you sign to sell on consignment make sure the funds don't go directly into your account not the dealers.Have heard of stories where the dealer has taken forever to release them.
1q2w3e4r Posted 21July, 2019 Report Posted 21July, 2019 Funds to the dealer holding/trust account, they are responsible for making sure anything they sell has clear title
rafikdous Posted 21July, 2019 Report Posted 21July, 2019 Auction house line Shannon’s and Lloyd sell on consignment in Vic, right?
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