Tuesday, June 10, 2014

Review of auto classifieds::How to Place a Classified Ad on Craigslist?







Review of auto classifieds::How to Place a Classified Ad on Craigslist?








               Online               auction               and               classifieds               websites               are               unwittingly               participating               in               car               sale               scams.

Ads               gain               credibility               by               appearing               on               eBay,               Craigslist,               and               other               online               automobile               sales               websites,               but               some               are               either               completely               phony               or               have               been               copied               and               pasted               from               other               websites.
               The               FBI's               Internet               Crime               Complaint               Center               received               nearly               14,000               complaints               from               2008               through               2010,               from               consumers               who               have               been               victimized,               or               at               least               targeted,               by               these               auto               sale               scams.

Of               the               victims               who               lost               money,               the               total               dollar               amount               is               staggering:               nearly               $44.5               million.
               The               FBI               explains               how               the               scam               works:
               "Consumers               find               a               vehicle               they               like-often               at               a               below-market               price-on               a               legitimate               website.

The               buyer               contacts               the               seller,               usually               through               an               e-mail               address               in               the               ad,               to               indicate               their               interest.

The               seller               responds               via               e-mail,               often               with               a               hard-luck               story               about               why               they               want               to               sell               the               vehicle               and               at               such               a               good               price.
               In               the               e-mail,               the               seller               asks               the               buyer               to               move               the               transaction               to               the               website               of               another               online               company….for               security               reasons….and               then               offers               a               buyer               protection               plan               in               the               name               of               a               major               Internet               company               (e.g.,               eBay).

Through               the               new               website,               the               buyer               receives               an               invoice               and               is               instructed               to               wire               the               funds               for               the               vehicle               to               an               account               somewhere.

In               a               new               twist,               sometimes               the               criminals               pose               as               company               representatives               in               a               live               chat               to               answer               questions               from               buyers.
               Once               the               funds               are               wired,               the               buyer               may               be               asked               by               the               seller               to               fax               a               receipt               to               show               that               the               transaction               has               taken               place.

And               then               the               seller               and               buyer               agree               upon               a               time               for               the               delivery               of               the               vehicle."
               Consumers               should               watch               out               for               the               following               red               flags:
               Cars               are               advertised               at               too-good-to-be               true               prices               Sellers               want               to               move               transactions               from               the               original               website               to               another               site               Sellers               claim               that               a               buyer               protection               program               offered               by               a               major               Internet               company               covers               an               auto               transaction               conducted               outside               that               company's               website               Sellers               refuse               to               meet               in               person               or               allow               potential               buyers               to               inspect               the               car               ahead               of               time               Sellers               who               say               they               want               to               sell               the               car               because               they're               in               the               U.S.

military               about               to               be               deployed,               are               moving,               the               car               belonged               to               someone               who               recently               died,               or               a               similar               story               Sellers               who               ask               for               funds               to               be               wired               ahead               of               time               Online               classified               and               auction               websites               could               work               together,               and               share               information               on               the               devices               running               these               scams,               through               the               device               reputation               service               provided               by               iovation               Inc.

Their               fraud               detection               service,               called               ReputationManager               360,               is               a               B2B               SaaS               solution               incorporating               complex               device               identification,               device               reputation               and               real-time               risk               profiling.

It               is               used               by               hundreds               of               online               businesses               to               prevent               fraud               and               behavioral               abuse               in               real               time               by               analyzing               the               computer,               smartphone,               or               tablet               connecting               to               their               online               properties.
               iovation's               "living               shared               database"               is               used               by               fraud               analysts               daily               and               shares               the               reputations               of               devices               from               literally               every               country               in               the               world.

This               reputation               is               a               combination               of               fact-based               evidence               (such               actual               chargebacks,               identity               theft,               online               scams               and               account               takeovers),               plus               what               risk               can               be               inferred               at               transaction               time.

Fraud               analysts               take               this               fight               seriously               and               submit               10,000               events               of               fraud               or               abuse               into               the               shared               database               each               day.
               Performing               a               device               reputation               check               on               a               scammer               attempting               to               create               a               new               account               at               a               sale               or               auction               website               would               stop               him               before               he               has               a               chance               to               post               advertisements               for               scams,               preventing               damage               to               the               business               and               its               customers.

And               when               one               of               your               good               customers               has               been               scammed,               you               can               submit               that               evidence               back               into               the               iovation               database               to               make               sure               it               does               not               happen               again,               whether               from               the               same               device,               or               a               related               device.
               Robert               Siciliano,               personal               security               and               identity               theft               expert               contributor               to               iovation,               discusses               scammers               and               thieves               on               The               Big               Idea               with               Donnie               Deutsch.

Disclosures.






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    Review of used car listings::List of Used Car Websites?







    Review of used car listings::List of Used Car Websites?








    Last               year,               my               wife               and               I               moved               to               Los               Angeles               from               Tucson.

    As               part               of               the               move               and               the               process               of               downsizing               our               possessions               and               our               lifestyle,               we               sold               our               car.

    The               2006               Toyota               Corolla               got               us               $14,500,               which               was               about               $2,500               more               than               we               would               have               gotten               had               we               not               prepared               ourselves               and               the               vehicle               to               get               the               maximum               possible               price.

    To               test               the               market,               before               doing               anything,               we               took               the               car               to               our               local               Toyota               dealer,               where               we               had               bought               the               car               new.

    They               are               (relatively)               honest,               and               we               do               trust               them.

    They               looked               at               the               car               as               is               and               offered               us               $10,000.

    Our               next               stop               was               to               visit               a               local               CarMax               dealership,               and               they               offered               us               $12,000.
                   After               doing               a               few               basic               things               to               the               car,               we               eventually               sold               it               to               a               neighbor               for               $14,500.

    Here's               what               we               did               to               our               used               car               to               help               us               make               an               extra               $2,500               on               the               sale:
                   Research               
                   
                   Before               doing               anything,               we               checked               out               the               value               of               our               car.

    We               went               to               Kelly               Blue               Book               to               get               the               values               -               both               the               trade-in               value               and               the               retail               value.

    We               also               checked               eBay               listings               to               get               pricing.

    We               didn't               check               the               current               listings;               we               checked               the               completed               listings,               which               show               what               the               cars               are               actually               selling               for,               not               what               people               want               to               get               for               them.
                   Clean               and               Detail               
                   
                   To               get               top               retail               value,               we               needed               to               present               a               vehicle               as               clean               and               shiny               as               one               sitting               on               a               dealer's               used               car               lot.

    We               paid               several               hundred               dollars               for               a               full               detail,               inside               and               out.

    We               also               had               them               use               clay               for               the               paint               finish,               which               helps               restore               it               to               showroom               quality,               and               we               had               the               engine               and               undercarriage               steam-cleaned.
                   Service               Engine               
                   
                   Another               key               to               presenting               a               retail-ready               used               car               is               servicing               the               engine               and               making               sure               all               the               services               are               up-to-date.

    We               made               sure               the               car               was               tuned               up               with               no               service               issues               and               ready               for               a               new               owner               to               get               in               and               drive.
                   List               Everywhere               
                   
                   To               ensure               we               got               the               maximum               price,               we               had               our               son               take               many               high-quality               pictures,               and               we               made               sure               to               list               the               car               for               sale               in               as               many               places               as               possible.

    We               put               a               sign               in               the               window,               and               then               we               also               listed               the               car               on               Craigslist.

    EBay               is               another               great               selling               tool,               as               they               allow               sellers               to               list               cars               for               free               and               only               charge               a               $50               fee               if               it               sells.
                   By               spending               about               $500               and               following               these               simple               tips,               we               were               able               to               quickly               find               a               buyer               for               the               car               at               the               price               we               wanted.

    We               got               a               good               price,               and               the               buyer               got               a               great               car,               so               everyone               wins.
                   More               from               this               Yahoo!

    Contributor:
                   Teaching               Our               Kids               About               Renting               an               Apartment
                   How               I               Made               Money               Selling               My               Junk               on               eBay
                   Why               I               Regret               Leasing               a               Mercedes-Benz






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