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Scams Used By Dealers
1) Have a mechanic put the car up on a lift for inspection and to check for accident damage.
2) Run a Vehicle History Report to see if it was totaled, salvaged, rebuilt, flooded, failed inspection, odometer rolled back.
3) Never sign an "As Is" paper at a used car dealer, get at least a 30 day warranty included.
4) Have your own financing and loan approvals ready BEFORE you go shopping, not after.What to do if this scam happens to you: If you got a good price on the car, your best solution is to preserve your deal so get your own instant financing online. If you have a credit score over 650, go online right now to Capital One Auto Finance or E-LOAN and apply online, and get approved within the hour.(Hunt,2002:11)
They will FedEx you a check the next day; you'll take it to the dealer to pay for your car, now you have a car loan, no "financing fell through!" If your score is below 650, then apply through Auto Credit Finders instead. If the dealer refuses your online check, you should try to get out of that deal. File a complaint with the Better Business Bureau at BBB.com, and file a complaint through your state's Attorney General Web site. They are all aware of Spot Delivery Scams.
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