Seller Asking Price Scam

The newest fraud scam is when a fraudster is placing a legit ad with realistic asking price, but putting a lower price on the photos or in the additional selling points. 

Always make sure all pricing information within the ad is the same.  It is very common for a fraudster to ask for a down payment or a lesser amount of the value of the car to entice unexpected buyers.

Remember if the price looks too good to be true, then it is probably a scam. See image below.

Comments

[Sue @ Used Cars]

I can't believe that people actually do this and some of them get away with it, one has to be so careful now a days as you can be out of pocket so quickly. Thanks for making us aware of this know I will be keeping my eyes open to this.

[Scammed by Champion Chevrolet & Mitsibishi in Houston, TX]

We contacted Champion Chevrolet/Mitsubishi Gulf Freeway @ 877-634-2675 regarding this listing. I spoke to Alma twice in 1 day to confirm that this car was on the lot before we drove 2 hours to look at it. On that same day we drove there to look at the vehicle & were told that it was loaned out to someone, but that they didn't get approved for the loan, so they would be returning it that evening. Rick Gonzalez the ecomm mgr (Rick Gonzalez: 281-745-3194 or email gonzaleza1@autonation.com) told us that we needed to put a deposit on this vehicle because so many other people were inquiring about it, but no one had put a deposit on it. So we did, he said that if when we viewed the vehicle we didnt like it our deposit would be returned, & that this would guarantee the car was ours if we liked it. Well, after 1 week of excuse after excuse...the car never turned up. I would be willing to bet it doesn't even exist. I just really want to save people their gas & time, because these people are liars & a joke.

[pluto]

Many times I was fooled by ads. It is the easiest way to be fooled! You must carefully read the information and especially contracts.