What are some Craigslist Car Scams?

How to Recognize a Craigslist Car Scam

• Unrealistic price. If a price is significantly lower than it should be.
• Seller is in another country. The most popular one is to lie that the seller is in the military.
• No phone number.
• The seller chose the escrow service.
• Money to another country.

How do Craigslist car scams work?

Buying and selling cars on Craigslist cab be a huge money-saver for both parties. Both can expect to make or save more than if they had gone to a dealership. In one common scam, the buyer accidently pays more by money order or cashier’s check than was asked for and asks you to refund them the overage.

How do Craigslist buyer scams work?

One common Craigslist scam involves a “buyer” who sends you a money order or cashier’s check, which is much higher than the agreed-upon price because they “made a mistake.” The scammer asks you to deposit it and send them the price difference via Western Union. By then, your own money is long gone.

What are common Craigslist scams?

Top 7 Craigslist Scams

• Fake or Cancelled Tickets. Ticket scams are among the more common scams on Craigslist — and elsewhere.
• Non-Local Ads.
• Fake Craigslist Site.
• Scam Email from PayPal.
• Fake Money Orders or Checks.
• Fake Escrow Service Site.
• Fake Craigslist Purchase Protection.

Is it possible to get scammed on Craigslist?

Some people who list or buy cars on ad listing sites do get scammed. That’s a fact. There are signs to look out for that indicate a seller isn’t honest, but some of these sellers are pretty smart at coming up with new, very plausible scams. Buying and selling a car on TRED lets you skip this hassle and stress.

How to avoid buying a car on Craigslist?

How to Avoid Craigslist Car Scams. Don’t use a seller’s escrow agent. Refuse to pay money down as “insurance”. Beware of cars priced much lower than they should be. Require seeing the car in person before you’ll consider buying it.

Are there any fraudulent car sales on Craigslist?

“Consumers have been victimized by fraudulent auto transactions since Henry Ford opened shop,” Donald E. Petersen, a Florida consumer protection lawyer specializing in fraud cases, told Business Insider.

Can a car seller get a certified check on Craigslist?

A car seller will be given a certified or cashier’s check with extra money that has to be wired somewhere (just like in the Craigslist check scam). The check will clear initially until the bank finds out it’s fraudulent, then the money will be deducted from your account.