5000 cars are stolen in Sydney alone per annum – inviting cash for a car ban that came into effect on November 5, 2018. Cash for cars may be a big industry, and therefore, the NSW government has begun to see a link between car sales and car thefts to unregistered scrap car dealers. The routine is straightforward – thieves steal cars then pass them to unregistered car dealers who strip the vehicle for its parts and sell them either within Australia or export them in other countries. But this has become harder since November 5, 2018. A Government crackdown in NSW has led to new laws being passed to ban cash for unwanted cars in Sydney. For purchase or sale to take place, legally, the agreed amount must be paid by EFT (Electronic Funds Transfer) or cheque. How the government gets the benefit? The tax net is widened. While no formal estimate exists on how big the scrap market is – one can make estimates based on total cars scrapped annually due to theft or accidents. 5000 cars are stolen
The onset of the internet era has brought everything online. From buying to selling to exchanges and deals, everything is possible online nowadays. Now you don’t have to go out to buy or sell anything, everything is available online, just a click away. Similar has become a revolutionary practise in the world of cars. Selling and buying cars online has become a thing now. Now you can buy or sell a car sitting at home, without having to step out at all. However, it has its own pros and cons. If you are someone planning to sell your car online, here’s a quick list of pros and cons for you: Pros of selling a car online: It is effortless selling. You can just sell off your car without having to lift your finger. It’s a form of free advertising. You can reach a great audience, and show it to your local target group, without having to pay any money. Online gets you more visibility, which means more negotiators, and consequently better deals. You get to choose which one to go with. You can