How to Avoid Being Duped While selling your car
When talking about car scams, the first thing that should be mentioned is a shady car dealer. However, they are not the only ones to make a quick buck at your expense. If you thought scams happen only while buying a car, well, no! On the other hand, sellers can be common targets for scams too!
Before you place an ad to sell a used car, you’ll need to be aware of common scams and learn how to avoid them. Selling your car online is a great way to maximize your chances of getting a profitable deal. But you need to exert sufficient precaution against prospective frauds.
Check How You Can Avoid Being Duped Through the Transaction Process
3. While it is alright is buyers want to take your car for a spin before deciding to make the purchase, but never allow solo test drives. No matter how respectable they look or even if they offer you their driving license, don’t give in to it.
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Also, additional precautions involve never revealing any personal information, such as, social security numbers, bank account information, credit card numbers, etc. This may be an attempt at identity theft. Do verify checks before transferring the title. Also, make sure you keep a copy of everything that’s signed. Last but not the least, more often than not, if you think it’s a scam, it probably is. So, use your best judgment to avoid being a victim!