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8 Ιουλ 2022 · A theft-recovered car is simply a vehicle that was stolen and subsequently recovered by the authorities. These vehicles often receive a salvage title. This title brand indicates the car’s history and can significantly reduce its market value.
Here's how the scam works. Dealer installs a GPS device in the car so they can track their inventory. Device costs $30 and takes 1/2 an hour to install. Instead of removing the device when they sell the car it stays there and they charge you $900. Here's how they sell it to the dealer:
16 Δεκ 2022 · How the stolen vehicle recovery scams work: Scammers find contact details for people who’ve had their vehicles stolen. Sometimes this information is available in “sucker lists” sold on the Dark Web. You’ll receive a phone call or message claiming that the fraudster has recovered your vehicle.
30 Απρ 2024 · What it is: Engraving the car’s VIN, or vehicle identification number, into the windows to deter vehicle theft and assist in vehicle recovery if stolen. Dealers may even say they are required...
16 Δεκ 2023 · The most costly vehicle scams are ones where criminals advertise fake cars for sale at temptingly low prices, and get buyers to pay for them up front, and then disappear with the money.
15 Σεπ 2022 · According to the FTC, Tate’s Auto, which had four dealerships across Arizona and New Mexico, misled their customers and lied to lenders. Today, the FTC began returning more than $415,000 to thousands of those customers. Read on to learn more.
18 Μαρ 2024 · You might be targeted for a car loan scam at the dealership or after your purchase. Always thoroughly read loan paperwork before signing off, and keep an eye out for fees and add-ons.
