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AutoTrader Experiences
86 messages, Last post on Feb 09, 2008 at 10:39 AM
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What is this discussion about? Car Buying
#79 of 86 Autotrader Moneybookers escrow, Bad or good? by afranco
Jan 31, 2008 (6:40 am)
I was wondering if any of you have had a similar experience buying a car using Autotrader.The seller is in England and the car is suppose to be in NY in a warehouse, the seller is using Moneybookers.com escrow services (UK based company, works like paypal), they require a deposit of 35% of the transaction to deliver the car for 10 days for inspection.
I did my research and got the car fax on the vehicle, it shows the last owner to be a auto auction.
The seller require the deposit to be paid to him as a money order before they can deliver the car for inspection.
The car is been sold for a lot less than the market value.
It looks like a scam but I wanted to see if anybody else had a similar experience.
#80 of 86 Re: Autotrader Moneybookers escrow, Bad or good? [afranco] by mikefm58
Jan 31, 2008 (8:02 am)
Replying to: afranco (Jan 31, 2008 6:40 am)
Definitely a scam, RUN RUN RUN away.
#81 of 86 Re: Autotrader Moneybookers escrow, Bad or good? [afranco] by qbrozen
Jan 31, 2008 (9:25 am)
Replying to: afranco (Jan 31, 2008 6:40 am)
yup. Escrow service and warehouse are 2 key elements in most of these car scams.
- frankiboi (Feb 09, 2008 9:39 am)
Replies to this message:
#82 of 86 Re: Autotrader Moneybookers escrow, Bad or good? [afranco] by bolivar
Jan 31, 2008 (5:51 pm)
Replying to: afranco (Jan 31, 2008 6:40 am)
Run away, run away! If you do this, you WILL lose the 35% of the purchase price!
#83 of 86 Good for research... by oldfarmer50
Feb 03, 2008 (5:42 pm)
The last used car I bought I located on Autotrader. I then went to the dealers website where I found it listed for $1000 less.I would recommend Autotrader to locate a vehicle but I would then search the dealer's site or call the dealer to confirm price.
#84 of 86 Re: Autotrader Moneybookers escrow, Bad or good? [qbrozen] by frankiboi
Feb 09, 2008 (9:39 am)
Replying to: qbrozen (Jan 31, 2008 9:25 am)
Hi is there anyone else that knows or have been victim of this scam
- joel0622 (Feb 09, 2008 10:39 am)
Replies to this message:
#85 of 86 Re: Autotrader Moneybookers escrow, Bad or good? [frankiboi] by joel0622
Feb 09, 2008 (10:39 am)
Replying to: frankiboi (Feb 09, 2008 9:39 am)
Google "Auto Escrow Scams" and you will find a bunch I had a guy in England try to run a similar scam on me here one time but we caught on quick.
When I contacted the bank he was writing the stolen check on they said I was welcome to forward the info but it is so rampant they probably would not pursue it.
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