While most cash for car companies are legitimate, there are some that are not. Knowing common scams to watch out for will reduce the risk of choosing the wrong company. Cash 4 Cars WA offers the following information on the 3 common scams to watch out for.
How to Spot A Scam Cash for Car Company
1. Dodgy Car Valuation
Most Car Removal Companies like Cash for Cars WA provide fair cash quotes for vehicles over the phone and online. While this is standard practice, some scam companies are involved in dodgy car valuation practices. For instance, a company may provide you with a very high cash offer over the phone, to reel you in. But when it’s time to make the payment, they add hidden costs to the final amount (towing fees, paperwork fees and such), and you end up receiving considerably less than was quoted. If a car removal company offers a quote that’s too good to be true, it probably is.
2. Transfer of Ownership
When a vehicle is sold, the ownership of the vehicle must be transferred. If the title or registration is not properly transferred, you could find that you are liable for parking violations of the vehicle and more. It is essential to choose a reputable car removal company that includes all paperwork and is trusted to transfer the title.
3. The Payment Method
A cheque is only as good as the person who writes it. While a cheque payment is not a scam in itself, there are tactics that scam companies use, like writing a cheque for a higher amount “accidentally” and requesting you to refund the difference. If there are any weird requests like this from the buyer, you should steer clear of them.
While these are the most common scams, dodgy companies keep coming up with new ways to cheat people. The best way to protect yourself from falling prey to such scammers is to do your research and choose a reliable company like Cash 4 Cars WA. We are a licensed and insured car buyer that buys cars, trucks, vans, SUVs, 4x4s and even buses.
Cash 4 Cars WA is a top-rated car buyer that pays cash for cars of every make and condition. We provide two options to obtain cash quotes – contact us on the number below or visit our homepage to complete our online quote form. With us, you have a cash car buyer that will purchase your vehicle for CASH today.