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| How to Spot Legitimate Car Auction on the Internet |
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| Written by Administrator |
| Sunday, 14 December 2008 03:47 |
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Have you ever thought about purchasing a motor vehicle on the internet? Today, many websites have devoted themselves to the sale of motor vehicles. To name a few of these sites, eBay Motors and AutoTrader have a thriving business selling motor vehicles through the use of internet. Originally, we thought that cars might not sell well on the web since most buyers would want to inspect the goods physically and "kick the tires" before deciding on closing the deal. Since the Internet has provided millions of people with a useful and convenient tool to make out lives more comfortable, the sale of motor vehicles has since thrived on the internet.
Still, there are some individuals that use the internet for their own gain. If you are thinking about purchasing a vehicle online, be careful about getting scammed by crooks who just wish to steal your money. More commonly known as the wire transfer scam, the seller normally offers a vehicle for sale but in reality they don't have the car in their possession; they normally post a stock photo or a photo grabbed from other sites. These types of sellers that usually scams people of their money insist that payments be made via wire transfer, preferably Western Union. And they claim that the vehicle will be shipped from Europe once they receive the payment. The instant the buyer sends the money; this people/seller vanishes along with the website and other contact information. It is known in the internet community about these scams taking place. To be safe and secure, most online auto auction sites never accept payment via wire transfer, and encourage their customer to never pay for any vehicle via wire transfer. Take note that even if the seller promises to use escrow to ensure safety of the transaction, there is still the possibility of being scammed. Below are some tips that will be useful if you’re still thinking about shopping for a vehicle online. #To avoid being scammed, it is wise to ask the seller if you could personally inspect the vehicle. If that seller doesn't have the vehicle in his possession, he will most certainly refuse. Even if you really don't plan on visiting, it is wise to ask if you could see the vehicle first. #Avoid any auctions that uses photos from brochures or stock photos to showcase the vehicles. Naturally, if you have a real car you would want to use pictures of the vehicle itself. #Sellers and online auction sites have a number of options which you could choose from to pay for the vehicle. It is natural that you should avoid sellers that have no other payment options except a wire transfer. #Scammers normally are from other countries, and they will offer to pay for the shipping of the vehicle to the United States. #Be watchful for great deals, you should know that once a vehicle has been offered for sale at a price that's too low for that certain model is more likely t be a scam. Take for example a car that cost around $25,000 to be offered online for only $10,000 is too good to be true. #Some scammers even use eBay as another tool to scam people. These scammers normally hack the user accounts and use the name of an established eBay user to in scamming other people. Therefore, even if you’re at eBay, it is advisable to check the seller's transaction history to see if they are really selling vehicles. If a certain seller is selling a BMW but his transaction history is only for buying Video games, then watch out. Still, the safest and a good way to purchase a vehicle on the internet are through an online auction site. However, if you are also on the internet looking to purchase other expensive items, be careful, especially when dealing with sellers that you’re not that familiar with. |
| Last Updated on Friday, 19 December 2008 14:37 |


