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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:
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.
9 Νοε 2023 · Meta-owned social media platforms Facebook and Instagram are hotbeds for stolen car recovery and tracking scams that target vulnerable people.
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...
13 Νοε 2023 · 1. Check the VIN thoroughly. 2. Purchase a vehicle history report. 3. Do a title search. 4. Ask the seller for the vehicle’s service records. 5. Ask your auto insurance company for an...
18 Μαρ 2024 · Car loan modification scams target vulnerable buyers who have poor credit or who are late on their payments. If it sounds too good to be true, then it probably is.