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In MB, what should I know about lien checks (PPSA) for car loans?
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Car Loan Glossary • mb

In MB, what should I know about lien checks (PPSA) for car loans?

In Manitoba, conducting a Personal Property Registry (PPR) lien check, often referred to as a PPSA search, is an absolutely critical step when considering a car loan or purchasing a vehicle, whether from a dealership or a private seller. This search identifies any registered security interests or liens against the specific Vehicle Identification Number (VIN). If a lien exists, it means a previous owner used the vehicle as collateral for a loan, and that debt is still outstanding. Failing to identify and ensure the discharge of an existing lien before you take ownership means you could become legally responsible for that debt, potentially leading to the vehicle being repossessed by the original creditor, even though you paid for it. This due diligence protects you, the buyer, from inheriting financial obligations and ensures clear title, which is vital for future registration, insurance, and resale. As we look towards 2025, vigilance in verifying vehicle history remains paramount, safeguarding consumers against unforeseen liabilities in a complex automotive market. You can typically perform a PPSA search through the Manitoba Personal Property Registry online for a nominal fee, or it may be included in comprehensive vehicle history reports.

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