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Purchasing a used car online can be a terrific choice in terms of selection and convenience. However, car buying scams are one drawback of online used car purchases. If you are considering buying a used car via the Internet, here are some tips to help you avoid car buying scams.
Choose Your Own Escrow Service
When you purchase online, an escrow service is supposed to be your guarantee that the seller doesn't take your money and run. If the dealer suggests or demands that you use a specific escrow service, do not move forward with the deal.
Avoid Any Deal That “Seems to Good to be True”
Common sense? That old adage is a good way to avoid used car fraud. Sure, we all want to get something for little or nothing but greed and/or naiveté is a sure way to get nothing at all.
Research the Escrow Service First
There are simple steps you can take to protect yourself from used car fraud when you are buying online.
Guru Spotlight |
Byron White |