Car scams are lurking everywhere out there especially when the Internet of things is embracing the whole world. With the augmenting cases of car scams in Nigeria, we at Naijauto.com has compiled a list of top 5 car scams you should look out for when buying or selling in Nigeria. Read on!
Whether you're buying a new car or a used car, a little research up front can help ensure that you get the best value for your money. Make sure to take your time and shop around. Buying a car is a major purchase; it is also usually a complex transaction involving a contract, financing, and a warranty. You will want to think carefully about each of these aspects of your decision.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.Car scams: 7 top tips. There are ways you can protect yourself against scams, whether you’re buying a used car, selling your own vehicle or simply looking for a quick check-up at the garage. When buying online, if it sounds too good to be true, it probably is. Whether it’s a car with only 15,000 miles on the clock, a cheap insurance policy.
Buying a used car is a great way of cutting the cost of your driving as most new cars lose around 40% of their value in the first year. But there are risks so it's important to take your time rather than rush into any deal, and to buy as far as possible with your head rather than your heart. Pitfalls to watch out for, when buying a used car Clocking. Clocking is the illegal practice of winding.
After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
Avoiding online car buying scams. Tweet. Posted by NCL staff - March, 2010. Tagged: fraud, cars, When it comes time to buy a car, consumers are more empowered than ever thanks in large part to the Internet and its offerings of car reviews, online vehicle history reports, detailed car listings, and more. The Internet has also, unfortunately, given scammers a new venue to find auto-buying.
Fortunately, just as the internet has provided scammers new ways to take advantage of buyers, it has given consumers a number of resources to identify and avoid used car buying scams. Most sellers are honest, and they’re just looking to get the most money out of the sale, just like you’re looking to pay as little as possible for the new-to-you ride.
How To Avoid Scams When Buying a Car. Many new car dealers actually require you to confirm that you have a payoff on your trade as part of their normal process, so this is really only a concern if you’re working with a fly-by-night, small time dealer. Straw Purchase Scam: If you know you have bad credit, be prepared for the dealer’s finance department to inform you of the need for a co.
Car buying tips and advice that you need to know before buying your next car, truck or SUV. The automotive experts at Edmunds provide you with in-depth information to help you make an informed car.
Also, if you are considering buying a new car, your goal is to find the “invoice” price of the car, not the MSRP. The “invoice” price is what the dealer paid the manufacturer for the car. This research will come in handy once the price negotiations begin. On the other hand, if you are thinking about buying a used car, research the recent resale prices for that specific car model. This.
With so many used car scams out there, if you’re not careful you could stand to lose far more money than you ever planned to spend on a replacement vehicle. If you’re considering getting a new set of wheels, a used vehicle should be the cheaper option over the purchase of a new car. But unfortunately, it’s not always straightforward and things aren’t always quite as they seem. Read on.
Whether you are buying or selling a car, you should always take the necessary precautions to avoid being scammed. This article offers advice on how to avoid car scams in South Africa. What are car scams? A scam can be defined as an intentional, deceptive, fraudulent activity with the intention of obtaining money or possessions from an individual. The person responsible for the scam is commonly.
Reporting New Car Buying Scams. Perhaps the simplest way to report new car buying scams is to report the situation to the Better Business Bureau (BBB). Not only can you use the BBB to report any scams you've fallen victim to, but also you can research car dealerships to make sure others haven't been the victims of car buying scams.
How to Avoid Car Buying Scams. Time to get rid of that junk car taking up space in your driveway? If so, chances are you’re looking for a few things: - You want it gone quickly - You want top-dollar for your junk car - You want the process to go as smoothly as possible. One thing’s for sure, you’re definitely not looking to get ripped off.
Unfortunately, there are scams around to catch people out when buying a used car, but we’ve covered the main ones, so you’ll know what to look out for. Some unscrupulous sellers turn back the clock when they want to shift a high-mileage vehicle. It’s possible for a car to be stolen, then given the identity of a written-off car. If you’re not careful, you could end up getting two cars.
Research new and used cars, save money with the Build and Buy Car Buying Service, and read the latest in recall and auto news from Consumer Reports.