50,000 in Vehicle Purchase Protection and free vehicle history report. The following are buying tips and warning signs that all customers should keep in bitcoin ebay scams sellers when considering any vehicle purchase. Know the approximate value of the vehicle you are interested in buying by using trusted resources on the internet such as Kelley Blue Book or Nada Guides. If it appears too good to be true, it probably is.
FACT: Criminals will make the vehicle very appealing and tempt you with a price you don’t want to miss out on. Seller pushes for speedy completion of the transaction and requests payment through a service or method that can put the money in their hands quickly. Bay recommends using our approved escrow service with Escrow. Direct bank transfers and wire payments may also be requested by the Seller.
Please proceed with caution with these payment methods and remember it is always a good idea to inspect the vehicle in person before sending any money. With all transactions, we want to encourage you to work with the Seller. In addition, you may want to consider providing payment at the time you pick up the vehicle. You cannot meet the seller or look at the vehicle prior to sending a payment.
FACT: Legitimate sellers are motivated and will make every effort to meet with all potential buyers immediately. If the seller cannot meet, they will designate another person to show the vehicle on their behalf. Private seller offers free shipping of the vehicle to you. To determine if the listing is from a Private Seller or Dealer please refer to the field labeled “For Sale By” within the description tab under the Item specifics section. Criminals want to lure you into feeling safe. Communications may be overly formal or sound very mechanical.
Bay works hard to create a safe marketplace, but criminals still may attempt to exploit you. Please be cautious with all online transactions and research the seller and the item you are intending to purchase carefully before making any payments. Because of the alleged pending move, criminals refuse to meet the victim in person or allow a vehicle inspection, and they often attempt to rush the sale. To make the deal appear legitimate, the criminal instructs the victim to send full or partial payment to a third-party agent via a wire transfer payment service and to fax the payment receipt to the seller as proof of payment.
The criminal pockets the payment but does not deliver the vehicle. Criminals also attempt to make their scams appear valid by misusing the names of reputable companies and programs. These criminals have no association with these companies, and their schemes give buyers instructions that do not adhere to the rules and restrictions of any legitimate program. In a new twist, criminals use a live-chat feature in e-mail correspondence and electronic invoices. As live-chat assistants, the criminals answer victims’ questions and assure them the deals are safe, claiming that safeguards are in place to reimburse buyers for any loss. Automotive shoppers should exercise due diligence before engaging in transactions to purchase vehicles advertised online. Sellers who claim that a buyer protection program offered by a major Internet company covers an auto transaction conducted outside that company’s site.
Sellers who push for speedy completion of the transaction and request payments via quick wire transfer payment systems. Sellers who refuse to meet in person, or refuse to allow the buyer to physically inspect the vehicle before the purchase. Transactions in which the seller and vehicle are in different locations. Criminals often claim to have been transferred for work reasons, deployed by the military, or moved because of a family circumstance, and could not take the vehicle with them. Vehicles advertised at well below their market value.
Remember, if it looks too good to be true, it probably is. If you have witnessed this behavior or fallen victim to this type of scam, please file a complaint with the FBI’s Internet Crime Complaint Center, www. Go beyond the information in the vehicle listing. Take advantage of vehicle history reports to be certain of mileage and vehicle condition. Review the title and hire an inspection service to look at the car prior to purchase. Examine the seller’s feedback, ratings and comments. Never send payments via wire services.
If you plan to pay in cash, do so in person and obtain a receipt. Join over 94,000 students, learn all you need to know about Bitcoin. One Email a Day, 7 Days in a Row. There’s no news to the fact that Paypal has been denying people the ability to buy Bitcoins with their services.