SOURCE: Planet Antares Scam Solutions

planet antares scam

July 07, 2010 04:04 ET

Planet Antares Scam Solutions -- Tips to Avoid Online Car-Buying Scams

LOS ANGELES, CA--(Marketwire - July 7, 2010) - Online car-buying scams are amongst the largest scams on the internet. With all the security measures we have in place, scammers still manage to get away with these scams, however Planet Antares Scam Solutions has outlined some of the most common car-buying scams and how to avoid them.

General tips to consider when purchasing a car online:

1.) While making an overseas deal, try not to use a bank-to-bank transfer or wire transfer.
2.) If possible, try dealing with someone who operates locally.
3.) Try not to buy or sell a car from someone who is unable to meet face to face.
4.) Enquire as much as possible, before handing over the cash to a stranger.
5.) Try to avoid a seller who doesn't respond to emails or doesn't call back quickly.
6.) Always try to get the seller's phone number and have a chat with him.
7.) If you come across a seller who is selling a new car at a rate that's extremely lower than market price, avoid it.
8.) Trust your instincts. If something doesn't seem right, move on.
9.) Conduct some online research on the seller or the seller's company.
10.) Use caution on classified sites.

Besides car sellers, car buyers have even been known to pull scams on people. In this scam, a buyer (scammer) acts like he or she is interested in buying a particular car and offers to pay through a cashier's check immediately. They will typically pay the additional funds required to ship the car overseas. On receiving the check, the seller is asked to deposit it and bank wire the overage to the shipper. On completion, the buyer picks up the money sent through the wire transfer and stops all communication with the seller, who is left with just a fake check and missing funds. To avoid being scammed, it's best to wait until the check has been cleared. 

About Planet Antares Scam Solutions
Planet Antares Scam Solutions, is devoted to informing consumers about potential scams they may face. Whether it is online or off, Planet Antares Scam Solutions wants to keep you aware and alert about popular scams.

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