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1. The Must Sell Now Scam. The FBI recently updated a longstanding warning to be on the lookout for a scam that cost car buyers more than $54 million between 2014-2017.
How to protect yourself from VIN swap scams. In 2023, more than one million vehicles were stolen in the U.S., and selling stolen cars through the VIN swap scam has become quite prevalent. As a ...
I did a good deed this week. I caught a shyster trying to sell a car that likely didn't exist and in the process learned a few things about how to protect yourself when buying a car online. It's ...
Odometer fraud, also referred to as "busting miles" (United States) or "clocking" (UK, Ireland and Canada), is the illegal practice of rolling back odometers to make it appear that vehicles have lower mileage than they actually do. Odometer fraud occurs when the seller of a vehicle falsely represents the actual mileage of a vehicle to the buyer ...
Motor vehicle theft or car theft (also known as a grand theft auto in the United States) is the criminal act of stealing or attempting to steal a motor vehicle. In 2020, there were 810,400 vehicles reported stolen in the United States, up from 724,872 in 2019. [1] Property losses due to motor vehicle theft in 2020 were estimated at $7.4 billion ...
Thirteen people in Miami-Dade were arrested in connection with an organized auto theft operation that police say raked in more than a million dollars selling stolen rental cars to dealerships ...
There is usually a fee associated with selling a vehicle on eBay. [14] Some buyers prefer to look for local car sellers on eBay, within a certain radius so that they can go and do a manual inspection of the vehicle. [15] There are several cases of scams associated with popular online auctions. [16]
Purchasing a new car is a pretty straightforward affair. Buying used, however, requires you to do much more legwork to make sure you're getting a good car and a good deal — and that you're not...