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Auto scams are becoming increasingly difficult to recognize. Separate the scams from the real deals with these tips.
The Internet is a great resource for used car buyers, but beware – auto scams abound.
The old bait and switch is a common one. You see a great car on the auto dealer's site. You stop in ready to buy, but the car is not there. Not to worry the dealer has a better car at a great deal just for you (wink, wink).
How to avoid this auto scam:
Check the Basics to Avoid Auto Scams
Learn as much as you can about the history of the car you intend to purchase. A vehicle report can tell you if the car has sustained significant damage, as well as give you an idea of the approximate odometer reading. Also, find out if the car is still under warranty or if a warranty is available. What is the Kelley Blue Book value of the car?
You might also want to read the Technical Service Bulletin for the car you are considering to learn about potential problems or past recalls, etc. Also, learn about the laws governing used car sales in your state. If you are the victim of used car fraud, you should contact consumer affairs or your Attorney General's office immediately.
|Jennifer Mathes, Ph.D.|