How To Spot Car Scams On Craigslist

1 - Log on to Craigslist and look for a deal on a car. Some of the most successful Craigslist car scams involve used cars that are rare or "classics".

2 - Look for expensive cars listed for a price well below their market value. Scammers use very obvious deals to get potential victims interested in doing business with them.

3 - Respond to the ad. Get an immediate reply from the scammer telling you the reason why he is selling the car, even though the details are irrelevant. Scammers usually refer to an overseas move and difficulty in transferring the car into the new country.

4 - Note that that the scammer is only willing to give you a limited amount of information about his identity. In some cases, the scammer may give you more information than is needed, but the information will be fake or unverifiable.

5 - Refuse to close the transaction without seeing the car. The seller will try to convince you to use a supposedly secure escrow service to transfer and hold your money until the transaction has been completed. The escrow service will be associated with a company that you've never heard of or based in a foreign country. In some cases, the scammer will insist that you wire money.

6 - Understand that if you use the escrow service or wire money to the scammer the car will never be delivered and you'll lose your money.


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