If It Looks To Good To Be True It Probably Is
When you read that headline, I bet you were more than just skeptical. In fact you already knew it couldn't possibly be true. So how could someone possibly be selling brand new Tesla's for just a dollar? The answer is they aren't but that's not the point. The headline got your attention.
While our exercise in skepticism was easy to spot, unfortunately that's not always the case. Online scammers have for years tried to take advantage of people, but with the surge in used car values, they are working overtime. With so many people out of work and struggling to make ends meet, scammers know that now is the time to strike.
One of their tried and true methods they like to use is posting to online classified sites. They post incredible sounding deals on cars with the hope some unsuspecting victim will take the bait. They even go to legitimate used car dealers website's to steal the cars' information and images. All of this is to try and lure you in so they can get your money. So how can you spot these scams?
Here are a few things to look out for:
The price is too good to be true - This should be obvious but unfortunately it's not always.
They refuse to meet in person - A common tactic of scammers is to insist on communicating only through email or text. They will give all kinds of excuses as to why they can't meet in person but the truth is they don't want to get caught.
They ask for payment upfront - This is a huge red flag. No legitimate seller is going to ask for payment before you even see the product.
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