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How do I avoid buying a used car scam?

How do I avoid buying a used car scam?

The best way of ensuring you’re not caught out is to:

  1. Ensure the car’s VIN number matches the one on the registration document.
  2. Inspect the car at a privately owned residential address, and make sure the seller isn’t just using the drive of a house whose owners are away.

Why are Facebook cars so cheap?

Cars usually appear so cheap on Facebook because sellers are using tricks to ensure that their listing shows up at the top of the Facebook marketplace search results. The marketplace is free to use, which leads to a lot of competition between sellers.

Is buying cars on Facebook safe?

The bad news is that Facebook doesn’t protect the purchases of vehicles in their purchase protection policy. If you file a claim with Facebook saying that the car wasn’t what you expected or you never got it, you’re probably out of luck. You can still buy it, but it can be risky.

How to get redress from a car dealer?

Many people buy a vehicle at one point in their lives or another. But misrepresentation and fraud are not unusual when the car dealer is determined to make a sale. What then, are the avenues for redress in Singapore? 1. Seek Redress from the Motor Industries Disputes Resolution Centre (MIDReC)

How to resolve disputes with car dealers in Singapore?

The CASE-SVTA accreditation scheme is jointly launched by the Consumers Association of Singapore (CASE) and the Singapore Vehicle Traders Association (SVAT). The scheme ensures high business standards and contractually obliges the car dealer to accept the decision reached at MIDReC.

Is it a good idea to buy an used car?

Although buying a used car can save you a lot of money in the short and long run, it’s not always rainbows and puppies. Whether you’re dealing with a dealership or a private party, you’re at risk for scams. Protect yourself by doing a little research on some of the most common kinds of used car buying scams out there before you buy a car.

What to do if you buy a car at a dealership?

If you purchased the used car at a dealership, report the dealership to the Better Business Bureau (BBB). You can use the BBB to report your own scams, as well as research used car dealers to make sure others haven’t reported any used car buying scams from that dealership.

What happens if you get scammed on a car sale?

The seller is scammed after they have paid the funds into the account and then find out that the original payment into PayPal was faked. A car will be offered for sale at well below the ordinary selling price.

Although buying a used car can save you a lot of money in the short and long run, it’s not always rainbows and puppies. Whether you’re dealing with a dealership or a private party, you’re at risk for scams. Protect yourself by doing a little research on some of the most common kinds of used car buying scams out there before you buy a car.

What to do if someone is selling your car online?

You can contact your local office of fair trading, ASIC or the ACCC for assistance. NEVER send money, or give credit card or online account details to anyone you do not know and trust. In addition, here are some specific things to look out for when buying or selling a car online:

What to do if someone owes you money for a car?

In this case, a buyer will tell you that someone else owes him or her money that is more than the cost of your car. He or she will ask for the car and promise payment from the other individual. Another overpayment scam involves the promise to wire additional funds or send a larger check to pay for the cost to ship.