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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Labels: Auto Classified Ads, Auto Classifieds Private Owner, Auto Classifieds with Photos, Classic Auto Classifieds, Free Auto Ads, Free Auto Classified Ads, Hemmings Auto Classifieds Classic Car, Used Car Classifieds
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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Labels: Best Used Car Listings, Free Used Car Listings, Local Used Car Listing, MSN Used Cars Listings, Used Car Classifieds, Used Car Listing Websites, Used Car Listings By Owner, Used Cars for Sale









