Online shopping for automobiles could be an excellent thing and an excellent way to score a good deal. However, one needs to be careful, as there are a lot of used car cons going on.
Looking at huge amount of used car cons
There will always be crooks around attempting to scam you no matter what the particular business. There are a lot of crooks in Wall Street and Washington D.C.; however, there are generally not that many around.
One common scam is used car frauds, according to USA Today, especially online car cons. The internet is the most common place where these swindles are turning up, as a prodigious amount of Craigslist car scams and eBay car cons have been reported. The Internet Crime Complaint Center, part of the Department of Justice, reported 4,066 instances of a used car scam on the web in 2011, and victims lost an estimated $8.3 million. There were 14,000 similar grievances to the ICCC between 2008 and 2010, according to the Chicago Tribune.
Victims have lost $4.9 million already this year according to ICCC complaints. There have been 1,685 complaints so far.
Internet makes it easier
Sometimes, used car dealers will use shady tricks such as the "the auto approval fell through" scam or trying to sell you an automobile that is entirely wrecked. Most car dealers in Everett, WA to Florida are honest though, so you do not have to be too worried. Online frauds are unlikely that though.
It is much easier to scam online. The shady person puts a car up for sale, asks for the cash to be sent upfront, and then the car never shows up.
Watch out
You should always know that getting rushed into buying something is usually a scam. Occasionally, scammers will put sob stories on their posts, such as divorce, according to USA today, and military deployments, according to Daily Finance. Then, the buyer is emotionally manipulated into making the purchase easily.
According to USA Today, you have to be cautious because scam artists will quote low costs that could be realistic still. Daily Finance explained that late-model luxury car models are used a lot. Watch for costs that are ridiculously too low too, according to Bankrate.com.
Sometimes people will ask you to put the payment on a prepaid debit card or ask you to wire it with Western Union. These are both frauds. Always avoid emails promising that you won a free car, and it is always a scam in case you are never able to meet the seller or test-drive the car.
Looking at huge amount of used car cons
There will always be crooks around attempting to scam you no matter what the particular business. There are a lot of crooks in Wall Street and Washington D.C.; however, there are generally not that many around.
One common scam is used car frauds, according to USA Today, especially online car cons. The internet is the most common place where these swindles are turning up, as a prodigious amount of Craigslist car scams and eBay car cons have been reported. The Internet Crime Complaint Center, part of the Department of Justice, reported 4,066 instances of a used car scam on the web in 2011, and victims lost an estimated $8.3 million. There were 14,000 similar grievances to the ICCC between 2008 and 2010, according to the Chicago Tribune.
Victims have lost $4.9 million already this year according to ICCC complaints. There have been 1,685 complaints so far.
Internet makes it easier
Sometimes, used car dealers will use shady tricks such as the "the auto approval fell through" scam or trying to sell you an automobile that is entirely wrecked. Most car dealers in Everett, WA to Florida are honest though, so you do not have to be too worried. Online frauds are unlikely that though.
It is much easier to scam online. The shady person puts a car up for sale, asks for the cash to be sent upfront, and then the car never shows up.
Watch out
You should always know that getting rushed into buying something is usually a scam. Occasionally, scammers will put sob stories on their posts, such as divorce, according to USA today, and military deployments, according to Daily Finance. Then, the buyer is emotionally manipulated into making the purchase easily.
According to USA Today, you have to be cautious because scam artists will quote low costs that could be realistic still. Daily Finance explained that late-model luxury car models are used a lot. Watch for costs that are ridiculously too low too, according to Bankrate.com.
Sometimes people will ask you to put the payment on a prepaid debit card or ask you to wire it with Western Union. These are both frauds. Always avoid emails promising that you won a free car, and it is always a scam in case you are never able to meet the seller or test-drive the car.
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At Honda Austin you'll receive one of the best automotive buying experience possible. So head to Howdy Honda. Find out more here Get car dealer information here.
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