Many classic car buyers prefer to buy their cars online because they can choose from a wide selection of cars and compare offers conveniently. However, the disadvantage of buying classic cars online is that you won’t be able to see or test the cars you like, and there are many scammers who post fraudulent ads to swindle deposit money from buyers. Here are a few things that you should look out for when you are buying a classic car online.
1) Scammers usually try to get enquiries, or possibly make quick sales, by offering extremely low prices. You should be careful when you see offers that are too good to be true.
2) It is common for scammers to post wrong phone numbers on their ads. Most of them prefer to communicate through email, and some of them may not give you a real phone number even if you ask for it. If you don’t get a real phone number from a seller, find another car.
3) Some scammers will tell you that they are in another country, for fear that you may want to see their classic cars.
4) If the seller asks for your personal details or financial information at an inappropriate time, you should be extra careful.
5) Some scammers set up fake escrow companies as a front to fool unsuspecting buyers into thinking that they are legitimate companies. Make sure that you find out more about their escrow companies before you send money to them.
6) Most scammers will ask you to send money by wire transfer because it is convenient and fast. But once the money is in their hands, you will not hear from them again. Never send money by wire transfer.