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Warning signs a used car ad is a scam
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Warning signs a used car ad is a scam
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Warning signs a used car ad is fake
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If that ad for a used car is a deal that s too good to be true it s probably a scam
It s becoming so common, we talked to one woman who almost fell victim this popular scam twice during her car search. Author: John Matarese Updated: 8:44 AM CDT March 17, 2021
It s the start of car buying season!
However, if you are buying a used vehicle, beware. Fake car ads selling used cars that don t exist are everywhere lately.
Heather Wolff was recently on the hunt for a used car, so she checked Facebook marketplace and found a gorgeous Volkswagen convertible a few hundred miles away.
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For Heather Wolf, 2019 was proving to be a big year for her business, Kearsley.
Kearsley, based in Sonoma, California, is a small business that produces luxury bed linens, fabrics, blankets, and pillowcases. Wolf was in the process of opening new showrooms for her products in New York City, Boston, Chicago, and Los Angeles in 2019.
“I spent all of 2019 getting these showrooms organized, getting the staff trained, hoping that it would all pay off in 2020,” Wolf said. “In 2020, as the pandemic hit, that all vanished. The showrooms closed.”
By early February, most of the mills that supply the high-end cotton that Kearsley uses in its fabrics began closing. Wolf began buying up as much material from those mills as quickly as she could, maxing out her credit cards in the process.