How to Avoid the Most Common, Costly, and Devious Car Dealership Scams In the World.
The internet Today has certainly become one big part of our lives and as such, one cannot go a day without it. But how do you avoid devious car dealership scams? According to the United Nations Agency, about 3.2 Billion populates in the world used the internet in 2015.
Most of these people including you and I use the internet for several tasks. We use it for Shopping, Gathering of information, communication, education and other ways to accomplish many goals. Shoppers especially use the web in our research for everything, buying a toaster to buying a new or used car. But did you also know that online fraud is one of the biggest headaches to cyber security? And that cyber fraud today is common than traditional fraud? There are so many good on the internet. But do you also know that there are those with well practiced, planned systems, methods and means to scam you in a twinkle on an eye?
If you are one who love the internet and love to shop online, Then read and learn how to detect and avoid the Most Common, Costly and Devious Car Dealership Scams online today.
- Faking and Luring: Scammers use fake big name websites that say they are offering a cash escrow service, in which they act as an intermediary between the buyer and seller. What they’ll make you do is for you to send the money to them and ask the seller to send the title. The Dark between the lights. That would be the end of it, and your money is gone as soon as the money is sent.
- The Curb-stoners: These are the so-called car dealers who pose as individuals in order to scam you. They will normally post ads in various classified sites like Craigslist pretending to be the owner and just trying to sell their vehicle. Don’t think this is harmless, but these people are are usually selling vehicles with serius hidden problems that can affect your safety and value. They usually sell vehicles that no reputable dealer would go near it.
- The old Jack-Trick: Many people still get suckered in on this old trick. Ads will appear with a vehicle for less than half of what it’s worth with a sales pitch to lead you to believe this is a forced sale for some reason or another that may seem to believe. They’ll want you to wire the money to them, and they will have the vehicle shipped to you. Let me share a personal experience with you. My niece being brought up in the car business actually bit on this type of ad, they nearly got her money, nearly, she told my brother her dad and he schooled her on the scam and she didn’t loose her money that day. That goes to show you that it can happen to anybody, so don’t fall for it.
Avoid Top devious car dealership scams
- DO NOT, NEVER AND NEVER wire money or use a bank-to-bank transfer in Car Dealership Transactions.
- DO YOUR BEST AND ALWAYS try to deal locally when buying or Selling a Car.
- The person you’re selling to or buying from is unwilling to meet you face to face. Do not go into the transaction if you sense this.
- A vehicle history report from known websites like Carfax may also be a good idea. Scammers also use fake vehicle identification numbers to trick this countermeasure. Beware.
- Don’t always trust a seller or buyer claiming the transaction is 100% GUARANTEED by sites like eBay, Craigslist, PayPal. These websites sites explicitly DO NOT guarantee members using their services are 100% legitimate.
- BEWARE of Car sellers or buyers who would want to conclude transactions too quickly. Scammers will work fast to get your money before you have the time to reason through or have a professional examine the deal.
- Try calling buyer or seller to establish phone contact. If they appear to be neglecting details agreed to or are unable to provide answers about their location or the location of the care in question, it is very likely to be a scam.
- Your instincts is your good judge. Do your best to trust your gut. If a deal feels that “fishy” or sounds too good to be true, then it’s what your instincts tells you.
A MUST DO:
- Buy locally, use your bank as the escrow or title for money at the DOL at the time of sale.
- If you want to sell your car, get cash from private buyers or sell to a local car dealer. Most states make them have a dealer bond which you can attach if they write you a bad check.
- Use google. Google can help you find almost all the information you need before you make a move.
- Check if the Dealer has positive reviews Online and take into consideration what their customers say about them.