VINTAGE CAMPER TRAILERS
  • Trailer Park
  • Subscribe Here
  • Back Issues
  • Camp Store
  • The MAGAZINE
    • Subscribe
    • FAQ's
    • Change of Address
    • Log In to your Subscription Account
    • Where is my magazine?
    • Contribute Photos & Articles to the Mag
  • Classifieds
    • For Sale
    • Sell your trailer
    • Restorers
    • Business Services
    • Buy Vintage Trailers
    • Trailer Wanted
  • Rallies
  • Boot Camp
  • Insurance and Appraisals
  • Blog
  • Contact Us
    • Contact Information
    • About Us
    • Working Together
    • Widgets
    • Video
    • Community
    • Privacy and Terms
    • The VCT Cook Book
  • Press
  • Email Sign Up
  • Advertising With VCT
    • Photo Contest Opportunity
  • 1967 Dodge A108

RESCUE RESTORE RALLY

Subscribe to the VCT Magazine

3 Online Vintage Trailer Buying and Selling Scams That You Need To Be Aware Of

5/28/2018

0 Comments

 
Picture
When it comes time to buy or sale a vintage trailer, consumers have several options to reach 1,000s of people with the Internet and sites like the Vintage Camper Trailers "For Sale" and "Sell Your Trailer" pages. The Internet has also, unfortunately, given scammers a new venue to find uninformed victims. No matter where you are shopping for, or selling a vintage trailer, be warned that you may come in contact with someone that isn't really interested in the hobby but is just trying to scam you out of your hard earned money.

The “Price Too Good to Be True” scam
In this scam, a prospective buyer sees a vintage camper trailer for a price well below market value. When the buyer contacts the seller, he or she is notified that the seller and the trailer is outside of the country and will arrange for shipment of the car upon receipt of payment, most often via wire transfer (such as Western Union) or bank-to-bank transfer (for very large payments). When the money is transferred and collected, the “seller” breaks contact and the buyer is out the money.

The overpayment scam
A legitimate seller posts a vintage trailer for sale. He or she is then contacted by a prospective “buyer” (really a scammer) who offers to send a cashier’s check immediately plus additional funds to cover shipment of the trailer overseas. When the check arrives, the seller is instructed to deposit it and wire the overage to the “shipper.” When this is done and the wire transfer picked up, the “buyer” breaks contact and the seller is left on the hook to their bank for the fraudulent check and the missing funds. 

Escrow scams
Many consumers are rightfully wary of sending large amounts of money to someone they’ve never met. Scammer frequently recommend the use of fake “escrow” services that will hold funds involved in the transaction until both parties are satisfied that the transaction has been completed. In a typical scam, a legitimate buyer will be approached by a scammer selling a car or trailer (again, often a vintage trailer or classic car priced, but usually priced well below market value). The scam seller will offer to ship the item and that there is no risk of fraud due to the “escrow” service (purportedly eBay, PayPal, or another service). Once the money is transferred, contact is broken (or sometimes additional funds are requested to cover “unforeseen” events). In any case, the legitimate buyer never receives the vehicle and loses their money.
Click "read more" below to find out How to avoid online-buying scams

Picture
How to avoid online-buying scams
  • NEVER wire money or use a bank-to-bank transfer in a transaction.
  • ALWAYS try to deal locally when buying or selling an automobile or other high-value merchandise
  • DO NOT sell or buy a trailer from someone who is unable or unwilling to meet you face to face.
  • NEVER buy a vintage trailer that you have not seen in real life and had inspected by a trusted friend or someone who knows what they are looking at. 
  • WAIT until a check (personal, cashier’s, certified, or otherwise) has cleared the bank to transfer title or the trailer. Funds being made available by a bank DOES NOT mean the check is not counterfeit. Clearing a check can take days or weeks depending on the financial institutions involved. Check with your bank about their particular processes for clearing checks.
  • NEVER trust a seller or buyer who says that the transaction is GUARANTEED by eBay, Craigslist, PayPal, or other online marketplace. These sites explicitly DO NOT guarantee that people using their services are legitimate.
  • BEWARE sellers or buyers who want to conclude a transaction as quickly as possible. Scammers want to get your money before you have time to think or have a professional examine the deal.
  • CALL the buyer or seller to establish phone contact. If the buyer or seller seems to neglect details agreed to via e-mail or is unable to answer questions about their location or the location of the automobile in question, it is likely to be a scam.
  • ALWAYS trust your gut. If a deal feels “fishy” or sounds too good to be true, it probably is. Plenty of people use online classified ads to buy and sell cars every day. The vast majority of these transactions are legitimate and go smoothly. Losing out on a “great” deal in order to work with someone you trust could save you big in avoiding a possible scam.
Picture
Picture
Information taken from an article originally published here: ​http://www.nclnet.org/avoiding_online_car_buying_scams
Subscribe to the Vintage Camper Trailers Magazine
0 Comments



Leave a Reply.

    The Vintage Camper Trailers Magazine Blog

    CLICK HERE TO SUBSCRIBE TO THE VCT MAGAZINE

    Categories

    All
    Destinations
    How To
    News
    Products
    Rallies
    Trailers

    Vintage Trailer Supply
    This site contains affiliate links to products. We may receive a commission for purchases made through these links.

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    July 2019
    February 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    June 2018
    May 2018
    March 2018
    February 2018
    January 2018
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017

    RSS Feed

    Vintage Trailer Supply
    This site contains affiliate links to products. We may receive a commission for purchases made through these links.
    Vintage Trailer Supply
    This site contains affiliate links to products. We may receive a commission for purchases made through these links.
Subscribe to the VCT Magazine
All of the copy and all of the material on this website (including and without limitation to the text, computer code, artwork, logos, photographs, images, music, audio material, video material and audio-visual material) is the property of Vintage Camper Trailers. Any use of it's content or trademarks is strictly prohibited without prior written consent of the owner. © 2008-2020 All rights reserved.

  • Trailer Park
  • Subscribe Here
  • Back Issues
  • Camp Store
  • The MAGAZINE
    • Subscribe
    • FAQ's
    • Change of Address
    • Log In to your Subscription Account
    • Where is my magazine?
    • Contribute Photos & Articles to the Mag
  • Classifieds
    • For Sale
    • Sell your trailer
    • Restorers
    • Business Services
    • Buy Vintage Trailers
    • Trailer Wanted
  • Rallies
  • Boot Camp
  • Insurance and Appraisals
  • Blog
  • Contact Us
    • Contact Information
    • About Us
    • Working Together
    • Widgets
    • Video
    • Community
    • Privacy and Terms
    • The VCT Cook Book
  • Press
  • Email Sign Up
  • Advertising With VCT
    • Photo Contest Opportunity
  • 1967 Dodge A108