Buy & sell used cars online safely
Online car deals are increasingly being used by criminals to target people with cash and relive them of it. Used car sellers have advertised to sell their cars online and then been paid with forged cash or bankers drafts, which they have discovered only after parting with the vehicle. Even more complex cons include sellers being supposedly paid considerably more than the advertised price, in return for settling a bill for a lesser amount on behalf of the buyer.
Would-be used car buyers, of apparently real bargain cars, have been asked to meet in quiet places and told that the seller will only take cash. Naive buyers have been robbed of their cash at the pre-arranged quiet meeting place.
Online used car buyers and sellers need to take great care to safeguard themselves and their money from this new breed of Internet fraudster and crook.
A good basic trustworthiness checklist would start with:
- Will they give a full name in advance and carry photo ID when you meet?
- Is the address they give you in Yell or on Google?
- Insist on a land-based telephone number to call them back?
- Obtain any details you can on the sellers bank?
- Meeting at your own bank where it can be verIfied is a good idea if agreeing to a bankers draft?
- Count all notes and don’t accept foreign currencies in which forgeries are harder to identify.
- Finally, if meeting the buyer or seller half-way, make sure they agree to meet in a safe well lit place where plenty of people are about and take someone with you.
- Con-tricks are usually just of the border of believability!
There are plenty of reputable online car firms who will sell you a car or buy one from you without risk but you do need to do your homework and check them out first. Any buyer who will not supply information to back up their claims of legitimacy should be given a wide berth.
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