Avoiding Car Buying Scams

Author : Art Gib

When you head out to look for a used cars in Orem UT, remember that it is a buyer beware situation Buyers must be especially vigilant that not only are they getting the best deal, but they are being treated honestly and fairly Some less than savvy sellers may try to take advantage on an unwitting car shopper, and you don’t want it to happen to you Keep yourself informed of some of the tactics that dishonest sellers use, so that you can recognize it happening and leave the potential sale immediately

Some sellers may call you a few days after the initial sale of the vehicle, before the funds are transmitted, and tell you that your financing fell through You may have arranged for financing through the seller, or gone with a bank, but a seller might use this tactic to be able to charge you a higher interest rate, or lock you in for a longer termed loan than you were planning for Either way, if this happens to you, contact to actual source of the financing to verify, and don’t just take the seller’s word for it

A seller may also check your credit score, and tell you that it is lower than it is in actuality This way they are able to charge you higher interest rate for your financing The best advice is to know your credit score before you even begin shopping for a car, and if a seller tells you that it is lower than it is, find a new dealer

A seller may also tell you that you need to pay for the extended warranty for the vehicle because the financing company or bank requires it before you purchase the car Banks never require extended warranties in exchange for financing, and you should know this is a lie to get you to pay more for the car The seller may even tell you that it’s included and simply add the price into the price of the car

Buying used cars in Orem, UT can be frustrating, especially when you are dealing with less than honest sellers Know what type of scams they are running so that you’ll be informed and will easily recognize any type of scam that a seller is trying to run on you Not only will you keep yourself and your pocketbook safe, you’ll know which sellers not to deal with while you look for that perfect vehicle

Brent Brown Automotive Group (http://www.brentbrownauto.com) sells used cars in Orem UT. Art Gib is a freelance writer.

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