Watch out for Well Payoff Your Car No Matter How Much You Owe! Ads
The Made Up Your Online Lender Bounces Checks Scam
The Ridiculous Dealer Prep Scam (Excessive Fee)
The Immoral Straw Purchase Scam
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The Sneaky We lowered your payments! Come back and re-sign!
The Old Financing Fell Through Scam (aka Spot Delivery Scam)
CarBuyingTips.com Sees Rising Internet Fraud
The Classic Lie To The Customer About Their Credit Score Scam
The Dangerous Previously Wrecked Used Car, Sold As Is Scam
If you have bad credit then you are very vulnerable to the finance related scams and are likely to see several of them during your transaction. Youll notice that most of the scams take place in the finance (or business) office because at this point you let your guard down. You think the negotiation and games are over but, in reality, they are just beginning. Some scams dont even hit you until several weeks later even though you thought you had a binding contract. To preemptively avoid as many scams as possible you should follow s advice and arrange your own financing, dont have a trade-in as part of the deal and bringThe Folderfull of your research.
Read our Investigative Report: Guide To Avoiding Nigerian Scams and eBay, Escrow, Check and Auto Fraud. Our work on these scams was profiled by MSNBC. If youre selling autos online, dont accept a cashiers check until you read our report. These car buying fraud and escrow fraud scams nail hundreds of victims daily on cars, cameras, jewelry, computers. If a seller tells you to use an escrow service, its probably a scam.
Click on a Scam Below to Get Started
The High Pressure Forced Warranty Scam
The Oops, Forget To Pay Off Your Trade In Scam