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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.
Driving.co.uk ranked it #14 on their list of the 23 ugliest cars ever made, [136] Auto Express ranked it #5 on their list of the ten ugliest cars ever made, [137] and Drive.com.au included in their article on the worst cars of the 20th century, calling it "one of the silliest-looking cars of the century".
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.
Thus the con artist has stolen ten dollars, minus the cost of the cheap item that was purchased (effectively stealing over nine dollars). The con artist starts with twelve dollars (the original ten-dollar bill and two singles), then leaves with a twenty and also keeps one of the singles (the one that was "mistakenly" switched with the $10).
Currently, Canada produces around 10% of cars sold in the US (approximately 225,000 units), with Mexico supplying close to 20%. Interestingly, the US actually produces more cars for Canadian ...
Buying a car can be a pricey affair and cause some sticker shock. As Consumer Reports noted, the average cost of new cars is now more than $48,000 -- up $6,000 from two years ago and $10,000 from...
The Truth About Cars (TTAC) is a blog covering automobiles, automotive products and the auto industry, begun in 2002 [1] featuring a mix of automotive reviews, editorials and news. It is home to the annual Ten Worst Automobiles awards, [ 2 ] which are nominated and selected by the readers.
The miracle cars scam was an advance-fee scam run from 1997 to 2002 by Californians James R. Nichols and Robert Gomez. In its run of just over four years, over 4,000 people bought 7,000 cars that did not exist, netting over US$ 21 million from the victims.