Car Buying Scams
When car buying started happening on any scale, car buying scams quickly emerged. Today, the modern motorist or aspiring motorist has to be diligent and cautious of the many scams endemic to trading in automobiles on the private and commercial level.
Car buying scams take many, many forms. Some are committed by dealerships, as either yo-yo financing scams or bait-and-switch schemes where the car you want is no longer there, or covering cosmetic or mechanical damage.
Car Buying Scams: List Below
Private buying can be even more fraught with peril, with car-buying scams ranging from fraudulent advertising to false car scams that lure people into a robbery.
Watch this space to learn about car scams as they emerge in the news. See below:
Online Car Buying Scams Everyone Should Be Aware Of As online commerce is evolving from day to day, people are starting to buy cars online. Unfortunately, scammers are getting into the game as well, to take advantage of the customers. There have been several incidents where consumers are falling on scammers’ radar and losing thousands … 4 New Car Buying Scams You Need To Avoid Read More »
Car History Report Fake Request: How It Works A vehicle history report contains important information about a used vehicle’s past, indicating possible issues with the vehicle’s safety and value. The report typically shows title records, along with salvage and insurance total loss records and accident records, ownership changes, and vehicle details decoded from the VIN, … Car History Report Scam Read More »
What Are The Most Common Tricks To Avoid Before Buying a Used Car? If you are planning to buy any used car in the future, many people will scam you. Based on your less-experienced or information about the industry, you can face a considerable loss. However, there are some significant scams that you must … Top 3 Common Scams You Should Check Before Buying a Used Car Read More »
Tips For Financing a Car: Avoid These Scams Shopping for a new or used car can be a fun and exciting experience, but it should also be done with vigilance and careful attention to detail. Before you sign on the dotted line, make sure you know exactly what you’re getting and how much you’ll be … Top 7 Car Loan Scams Read More »
Beware of These 4 Deals That Look Too Good To Be True Car buyers spend up to 59% of their time online researching into different options (as reported by Autotrader), indicating the important role that the Internet has in this type of transaction. One of the biggest reasons is the ability to search for … 4 Car Buying Tips To Consider When Purchasing a Vehicle Read More »
How to Shield Yourself From Buying a Wreck Buying a used car should be a good deal if the vehicle is good and the price is right, but watch out for those looking to take advantage of you. With the average cost of a used car over $20,000 and climbing, it is an investment … 4 Used Car Buying Scams You Need to Avoid Today Read More »
Were you sold a lemon car? How can you tell? Is it too late, do you still have hopes? In this article you will get to learn the top signs you were sold a lemon and what to do about it. If you’re looking for a used car, so is everyone else. More people are … Top Signs You Were Sold a Lemon Car (And What to Do) Read More »
Leasing: Deceptive Practices at Car Dealerships – How They Work Online car buyers and shoppers alike are in more danger to get hoodwinked at the hands of scammers. The anonymity of the internet, paired with a high value of transactions makes it hard to catch these tricksters. Although most car dealers are honest, when … 8 Car Leasing Scams You Need To Avoid Today Read More »
The Stake: Over Half-Million Flood-Damaged Cars For Sale After Hurricanes The most significant scam today in the Auto industry is the sale of flood-damaged cars to unsuspecting drivers. “From Hurricane Harvey and Irma we are adding over 500,000 vehicles to the possible used car lots.”, says Lauren Fix, automotive expert, analyst and TV personality. “Flood-damaged … The Biggest Scam in the Auto Industry Today: Flood-Damaged Cars For Sale Read More »
Poor Credit Car Finance Scam: How It Works Bad credit car loans and fake lenders. This month, one of the biggest scams around is the Bad Credit Car Finance or Poor Credit Car Finance scam. Let’s take a look at how it works, how to report it, and how to get a free quote with … Bad Credit Car Loans Scam Read More »
How the scam works: Trying to buy a car online could be a disaster if you don’t pay attention. The best places to buy used cars online might turn out to be big disappointments. One of the most fraudulent moves around is the Buy A Car Online scam. Let’s take a look. Let’s say you’re … Buy A Car Online Scam Read More »
Buying a Car Online? Here Is The Latest Scam (with video below) Let’s say you’re considering getting a new/old vehicle and looking for the best car sale websites out there, as well as for tips on buying a used car. Purchasing a car could be a complex process, especially when there are crooks out there … Purchasing A Car Online Scam Read More »
How the scam works: (with video below) You’re about to buy a vehicle and are in need of a loan. Doing your research for decent auto loans and car financing options, you see a bunch of ads promising you all that. They’re everywhere. Even if you have or don’t have bad credit, the auto financing … Auto Financing Fraud Read More »
How the scam works: (with video below) If you didn’t buy your car brand new, you should read this article. A salvaged car is a vehicle that has been in an accident or caught up in a natural disaster and deemed a total loss by the insurance company or was perhaps going to cost more … Car Title Washing Read More »
How the scam works: (with explanatory video below) It is always cheaper to buy a car from an individual than it is to purchase one from a dealership or even a used car lot, but a new vehicle scam shows that both parties need to pay very close attention to the details of the sale. … Reselling Your Car Scam Read More »