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Most online instant cash offer tools use an algorithm that looks at vehicle sales price data, condition information, market conditions and trade-in ranges for similar vehicles, among other things.
While dealership employees are highly trained, it comes at a high price. “Most dealerships have factory-trained technicians with brand-new diagnostic equipment and even genuine parts from the ...
The scam began after a victim listed their cars for sale on Facebook Marketplace or Craigslist, according to a social media post by the Placer County Sheriff’s Office. The suspects arrived to ...
In the National Highway Traffic Safety Administration's (NHTSA) 2002 odometer fraud study, the NHTSA determined that 450,000 vehicles were sold each year with false odometer readings, resulting in a cost of over $1 billion annually to car buyers in the US. [3] In the UK, the Office of Fair Trading estimates the annual cost at £500m. [4]
A rent-sangla scam, also known as rent-tangay scam, is a confidence trick that began to be performed in the Philippines in early 2017.. According to local reports, victims of a so-called rent-sangla (rent-mortgage) scam said they later found out that they had fallen victim to fraudulent promises of rental income when they later found their vehicles had either been mortgaged or sold to ...
Phishing scams happen when you receive an email that looks like it came from a company you trust (like AOL), but is ultimately from a hacker trying to get your information. All legitimate AOL Mail will be marked as either Certified Mail, if its an official marketing email, or Official Mail, if it's an important account email. If you get an ...
While auto insurance costs jumped by 22.2% last month from a year earlier, according to the latest Consumer Price Index data, new vehicle prices actually declined 0.1% and used prices dropped 2.2% ...
A recovery room scam is a form of advance-fee fraud where the scammer (sometimes posing as a law enforcement officer or attorney) calls investors who have been sold worthless shares (for example in a boiler-room scam), and offers to buy them, to allow the investors to recover their investments. [92]