Go Back  PPRuNe Forums > PPRuNe Social > Jet Blast
Reload this Page >

Classic Car, far too cheap?

Jet Blast Topics that don't fit the other forums. Rules of Engagement apply.

Classic Car, far too cheap?

Old 8th Feb 2018, 15:35
  #1 (permalink)  
Thread Starter
 
Join Date: Dec 2003
Location: FL450
Posts: 475
Classic Car, far too cheap?

I have had a lifetime playing and dealing with classic sports cars so am no novice but I came across a situation at the weekend that is somewhat puzzling to me:

A lot of cars have increased hugely in value recently (I wish I had kept some of them) but I found one on eday at about 20% of it's true value! This was an accept price not an auction start price. Fantastic condition, long ownership and so low mileage you cannot imagine.

I emailed the vendor offering his price if it was as he says. 10 minutes later I notice two more cars being offered in similar condition at the same incredibly low price. Now at this point I knew something was wrong so regretted my email, although all he would have got from me was my name and email address.

Within minutes eday removed all 3 adverts so they also smelled a rat.

But this morning a received a nice email from the recipient of my email stating that the car is available, registered in his name, even gave me the reg. and welcomed me to view it. He even offered to deliver it as his cost!

Now I know this is an attempted scam but how? Are they stolen? Do they even exist? I am really puzzled. Any ideas?
Kelly Hopper is offline  
Old 8th Feb 2018, 15:49
  #2 (permalink)  
Paid...Persona Grata
 
Join Date: Aug 2004
Location: Between BHX and EMA
Age: 74
Posts: 236
Most likely he will deliver it, you pay him, his "mate" comes to pick him up who turns out to be three heavies, they take away the seller and the classic car with its cloned untraceable numberplate, and your wedge.
UniFoxOs is offline  
Old 8th Feb 2018, 16:32
  #3 (permalink)  
Stargazing
 
Join Date: Apr 2006
Location: West
Posts: 427
Ask him to deliver it to you outside your local police station and see what he says.
Rather be Gardening is offline  
Old 8th Feb 2018, 16:41
  #4 (permalink)  
 
Join Date: Feb 2006
Location: Hanging off the end of a thread
Posts: 16,490
Run it through links as well, also tell him you are bringing the RAC etc to inspect the vehicle

https://www.gov.uk/check-mot-status

https://www.rac.co.uk/buying-a-car/car-passport

https://www.rac.co.uk/buying-a-car/v...ced-inspection

Remember if it has finance on it, it is not his to sell, so he gets your wad and the car is repossessed.

But if ebay smell a rat I would too.
NutLoose is offline  
Old 8th Feb 2018, 16:46
  #5 (permalink)  
 
Join Date: Jun 2009
Location: Canada
Posts: 451
I haven't looked recently, but a couple of years ago, there were tons of cars on ebay for $2500 that were worth ten times as much. From what I read at the time, they were scams of some kind, but I don't remember what the scam was. I think it was something along the lines of 'I'm out of the country right now, but send me the money, and I'll get the car delivered to you.'
MG23 is offline  
Old 8th Feb 2018, 17:40
  #6 (permalink)  
 
Join Date: Dec 2009
Location: Southwater
Age: 69
Posts: 522
If something looks too good to be true it is.
RedhillPhil is online now  
Old 8th Feb 2018, 18:21
  #7 (permalink)  
Ecce Homo! Loquitur...
 
Join Date: Jul 2000
Location: Peripatetic
Posts: 10,195
There is also an awful lot of money laundering going on.

Lots of dirty money you can’t put directly into the bank? Buy items such as cars from private buyers for cash. Resell within a week at a discount for a quick but with a receipt and the money paid legitimately so it goes through the banking system without a flag. Repeat multiple times.

That’s what you also see often in the courts, mone6 laundering shops. No observable business on the high street, but lots of “sales” deposits into the bank.
ORAC is online now  
Old 8th Feb 2018, 18:24
  #8 (permalink)  
 
Join Date: Feb 2017
Location: Republic of Texas
Posts: 92
The car will never be avail for some obscure reason. Just tell him you want to take a drive. Don't bring cash, but tell him you'll bring some. The only thing that matters is to see and drive the car.
ethicalconundrum is offline  
Old 8th Feb 2018, 18:32
  #9 (permalink)  
 
Join Date: Jan 2011
Location: In an ever changing place
Posts: 1,039
Its a complete scam, I replied to one their adverts for an Austin Healey priced at £9500 the picture of the car they used belonged to a friend so I knew it wasn't for sale.

They will not let you come and view the car but insist on delivering it first and if you don't like the car they will take it away, yea right.

I probed them to find out where the car was coming from and then pretended to actually live close to its location so popping round to view was no issue, their messages stopped fairly quickly after that.

They use lots of different user names and eBay accounts all claiming to be business accounts with dozens of cars and motorbikes massively under priced, so what I do now if I see their adverts is report each advert to eBay as fraud then eBay close all their auctions.
Above The Clouds is offline  
Old 8th Feb 2018, 19:46
  #10 (permalink)  
 
Join Date: Feb 2008
Location: Southwold
Age: 67
Posts: 60
Another scam is to ask for a "Holding Deposit" maybe ten per cent. Then of course they flit with that.
Effluent Man is offline  
Old 9th Feb 2018, 05:29
  #11 (permalink)  
Thread Starter
 
Join Date: Dec 2003
Location: FL450
Posts: 475
Thanks for the replies.
I have been checking the comms again and it's not 20% of the true value, it's <10%!
It is portrayed as a 51 year old car 6800 miles!
So if you are going to try to pull a scam like this why not make it a bit more believable?
Kelly Hopper is offline  
Old 9th Feb 2018, 05:34
  #12 (permalink)  
 
Join Date: Jul 2010
Location: Asia
Posts: 609
Small deposit required perhaps ? Minor issue with shipping requiring money to be sent.

If it sounds good to be true, it is too good to be true.

Scams which are too believable get too many responses which need to be gone through. Only mugs fall for obvious ones and these are what they are trying to find as it's less work.
krismiler is offline  
Old 9th Feb 2018, 06:44
  #13 (permalink)  
 
Join Date: Dec 2004
Location: edge of reality
Posts: 787
I experienced a similar situation a while back with boats being adv at way below market value. When contacted the seller had some convoluted story that might just have been plausible if it wasn't for the fact that two other boats offered were using the same reasons for the sale albeit from 'different' sellers and it quickly became clear that it was a group scam using different e mail addresses. I reported it to the police fraud line as the total sums involved were well into six figures....they were totally uninterested other than for collecting the info for statistical reasons.
MungoP is offline  
Old 9th Feb 2018, 08:30
  #14 (permalink)  
 
Join Date: Sep 2010
Location: by the seaside
Age: 70
Posts: 853
Mate bought a yacht on ebay

I viewed it but the paperwork wasn’t right..had account details in Belfast to pay the money into after paying a deposit.
The seller said he was an immigration officer but didn’t believe his racist stories. Eventually traced the previous owner who was cagey as yacht had been bought with cash through a broker - five times the legal amount for a cash transaction. Pulled out and then got a message with an image of my house “ we know where you live”.
Went to the PSNI..we have bigger problems than money laundering and “threats”.
Judging by the politicians, their scams and not voting Lord mcnally deformation act into law I can understand the coppers point of view.
blind pew is offline  
Old 9th Feb 2018, 10:29
  #15 (permalink)  
 
Join Date: Feb 2008
Location: Southwold
Age: 67
Posts: 60
In the Motor Trade I knew a chap who regularly used what he referred to as a "Call bird" Scam. He would advertise a car at a low but believable price. When he got enquiries for the car he would tell the respondent that it was sold but he had another coming. He would offer this one at the going rate. It was surprising how often they fell for it.
Effluent Man is offline  
Old 9th Feb 2018, 11:37
  #16 (permalink)  
 
Join Date: Sep 2010
Location: by the seaside
Age: 70
Posts: 853
Motor trade scam

Dont get me started..nearly as bad as insurers but the worst was an Opel mantra on Canvey Island that had a new MOT and the seller had owned it for two years.
Opened the bonnet and there was no way it had passed an MOT in the last six months. In the glove compartment was a receipt from Chelmsford auctions dated the previous week. My son went up to the house door, returned and put a screwdriver in his pocket “get out of here dad”.
Drove to Canvey nick where a woman had just been forced off the road by a car driver wearing a crash helmet around the corner from where we had been looking at the car.
Presented the paperwork to the desk officer who phoned the garage that issued the MOT..on Christian names with the bloke whose employee was the boy racer.
Was threatened with theft of the paperwork.
blind pew is offline  
Old 9th Feb 2018, 14:13
  #17 (permalink)  
 
Join Date: Jul 2010
Location: Asia
Posts: 609
Couple of scams doing the rounds in Australia at the moment regarding used vehicles:

1. Buyer turns up with a couple of mates to check the car, during the test drive the seller is threatened and forced out on a quiet stretch of road.

2. Buyer turns up for a motorbike sale, leaves his car and fake set of keys with the seller, goes for test ride. Fifteen minutes later seller gets a phone call from buyer claiming he’s been caught speeding and the police want to speak to the registered owner, could he come to a certain location. Buyers mate turns up with real keys and drives car away.
krismiler is offline  
Old 9th Feb 2018, 15:51
  #18 (permalink)  
 
Join Date: Feb 2006
Location: Hanging off the end of a thread
Posts: 16,490
Mate many moons ago was selling his MG roadster and decided to clock off a few thousand miles, after much struggling he got the guage out and pulling the back off a little piece of paper fell out with "Ohh No, Not again!" written on it.
NutLoose is offline  
Old 9th Feb 2018, 21:14
  #19 (permalink)  
 
Join Date: Jun 2009
Location: Canada
Posts: 451
Originally Posted by Kelly Hopper View Post
So if you are going to try to pull a scam like this why not make it a bit more believable?
Because people will fall for it anyway, and the more gullible the mark is, the more likely they are to get away with it?
MG23 is offline  
Old 9th Feb 2018, 22:15
  #20 (permalink)  
 
Join Date: Aug 2000
Location: UK
Posts: 3,684
Professional scammers carefully place their bait.
By pitching it on the limits of absurdity they attract certain types of victims:
The greedy.
The mentally challenged (to put it politely).
If successful with a bite, the actual transaction becomes relatively easy to complete.
Common car scams:
Buyer turns up with a shortfall of cash and plays the hard up buyer with no more money.
Buyer turns up with bankers cheque for correct amount. Takes car and V5. Weeks later your cashed cheque is debited from your account because it won't clear as it is a counterfeit.
Prospective buyer asks for test drive. Once you hand over the keys you lose control of the transaction: No insurance if car is damaged or stolen.
Car costs: £10000. Purchaser sends you cheque for £12000. Making the excuse they misunderstood the deal. They view car and ask for a cheque for £2000 when they take car.
Cheque for 10k bounces.
NEVER allow any buyer to touch your keys or drive vehicle.
Either take cash or electronic transfer (chaps - which is instant).
Never walk into a bank with more than 5k in cash. They wont accept due to money laundering laws.
Thomas coupling is offline  

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.