Top 10 Car Scams While Buying or Selling
When you buy a new or a used car, you must be wary of car buying scams. Whether you are purchasing through a dealer or a private owner, car selling scams can cost you hundreds, even thousands, of extra dollars. While most car dealerships conduct their business in a professional and honest manner, the reality is that car salespeople, car sales managers, and car finance managers are paid on commission. The more they sell, the more they earn. The more you pay them, the more money they can put in their own pocket. This is true of private sellers of used cars, too. That means it can be hard to resist the temptation to engage in car buying scams and car selling scams.
In this article about car buying scams and car selling scams, we take a look at 10 of the most prevalent car scams, explaining what they are and how you can protect yourself. However, you should be aware that there are many more car selling scams and car buying scams to watch out for, so be sure to educate yourself about as many as possible before approaching the negotiating table. If you’ve been the victim of car scams, be sure to lodge a complaint with the Better Business Bureau and theInternetCrimeComplaintCenter.