Re: Car Selling Scams
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Re: Car Selling Scams



There are lots of scams and scammers. When it comes to money,  it seems some humans are very er,  "creative!"
Listen to your gut and don't be rushed is sensible to remember. 

This "Safe Ways to Pay or to Accept Payment for a Used Car" article points out that even cashier's type checks are relatively easy to fake. So you can "schedule the transaction to occur at the buyer's bank so you're there to see the cashier's check being prepared...." It has other tips too. 

https://www.goautocity.com/used-car-safe-payment-methods

"What's the Best Way to Take Payment for My Used Car?" also has a payment types list. It mentions taking "cash" as an option -- but having a  lot of cash in itself attracts attention. Take the cash at your bank branch perhaps? How to prove a cash transaction took place? 

https://www.cars.com/articles/whats-the-best-way-to-take-payment-for-my-used-car-1420680880955/

And this article lists "12 Used Car-Buying Scams To Watch Out For — and How To Avoid Them"

https://finance.yahoo.com/news/12-used-car-buying-scams-110003263.html

Hope this helps. 

Thanks,
Gary H.


>  -------Original Message-------
>  From: Donald Gallimore 
>  Selling my '65 Belvedere. So far, I've gotten two bogus checks. Both
>  were for exactly $10,000 more than the agreed upon price. One was a
>  stolen check written on a closed account. The other was a fake check
>  using a stolen bank account number. Always verify the check, I'd
>  suggest even a certified check (these were not).
>  
>  Lessons/observations. Be suspicious if:
>  1. they ask few or no questions.
>  2. Agree to your asking price quickly.
>  
>  3. They are pushing you to cash the check - like, do it NOW - (so you
>  don't have time to verify it).
>  4. If they send more money than you agreed. (shipping cost are not
>  $10,000)
>  5. Would you spend $30-40,000 without seeing the car? I wouldn't.
>  
>  My question is: how do you get paid when you sell a car?
>  
>  Akron Don
 

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