Sellers of used cars are often desperate for a buyer and fall for a common scam that seems to too good to be true. It is — and it will rob you of not your car, but your money.
The several types of scams that car dealers use to make money are not always easy to spot. Just walking on to the car dealer’s lot starts the process of selling you a car. Car dealers have a well scripted and rehearsed process they use for every customer. The process they use is designed to [...]
The Advanced Fee Scam, or 419 Scam, or Nigerian Car Scam has been around for over twenty years and is still being used daily to rip off people of millions of dollars per year worldwide.
The Advanced Fee Scam usually works something like this…
You place a ‘For Sale’ ad for a car (or anything) and then [...]
Don’t trade in cars because here are the scams the car dealers may try to pull on you when you trade in your car.
I understand if you don’t want to hassle selling your old car yourself (although you can put a lot more cash in your pocket), but you need to educate yourself about what [...]
