Nowadays, the economy is very hard. Prices are rising quickly. This makes us all targets of scam artists and their frauds. This is especially a big problem with high dollar items like cars.
Lets face it, people are out there that want to rip you off. One of the most common products that are targeted by scammers are used cars. Used cars are high dollar transactions that can bring a lot of easy money to the crooked seller. It is important that as a car buyer, you understand the most common ways that used car swindlers try to rip off innocent people.
Purchasing a a used automobile can be very confusing and complicated today. If you want to buy a used automobile do your research and prevent yourself from becoming the target of used car scam.
Car theft is a huge problem in this country. Fewer stolen automobiles are being recovered because of export rings and “chop shops”. Stolen cars are often purchased for a fast profit. Criminal often use the money to fund other criminal activities like drugs, gambling, or prostitution. Stolen cars are sometimes found when a police officer apprehends the suspect for other reasons.
Here are some things to avoid when purchasing used cars:
1. Go with your gut on dealings that are outwardly too good to be true. Every day, hundreds of unassuming car collectors purchase stolen cars and then face the possibility of police confiscation of their new automobile.
2. Car buyers should avoid purchasing older cars from sellers that do not provide a permanent address or the genuine work phone number so you can do a brief background check.
3. It is essential for a consumer to check on the VIN or the vehicle identification number plate. It ought to be securely fastened onto the used car’s dashboard, with no rivets that are loosened. Loosened rivets could mean that the VIN plate could have been replaced and the car could be hot.
4. Also, the consumer should also avoid buying used vehicles that have VIN plates that are altered in any way, its paint is newly retouched, and the numbers look as if they are not the original factory numbers. VIN plates can be without a doubt traded by a crook and make use of those that are taken from a wrecked vehicle.
5. As much as possible, it would be better to steer clear of buying a old car that is newly painted. There are instances wherein the stolen cars identity is being modified through covering up its original paint.
6. Used vehicle collectors should keep away from purchasing automobiles from a seller that cannot give the cars insurance policy. This could mean that the classic car is stolen or the peddler is not the correct owner of the automobile.
It is really significant for the buyers to take note of these thoughts ahead of purchasing a older car. An bit of prevention really is worth a pound of cure!