Please be very careful of a car scam that involves used cars and Ebay. The set-up is you find a car that’s a great deal and when you contact the owner he tells you he will sell it to you through Ebay Motors. Then you find out that the vehicle is no longer listed on Ebay so they tell you that you can not purchase it there. At the same time the seller sends you an invoice via email and tells you to make payment via a money gram to an agent that has been assigned to you. This is a scam and you need to run, not walk away from this!
September 29, 2009
October 2, 2008
February 26, 2008
Used cars – what you need to know
2008 is shaping up to be a very difficult year in the automotive industry. New car dealers are preparing for a down year and that affects everyone. With sales slowing for new cars, their dealers are attempting to increase their share of the used car market. When new car dealers try and increase their used sales they will eventually try and take customers away from independent used car dealers.
New car dealers are also anticipating that the state of the economy along with the present credit crunch will force someone shopping for a new car to change their plans and buy used. An additional concern for both dealers and car shoppers is that in 2008 many people who would have been able to finance a new or used car over the last couple of years will not be able to get financing today.
For the car dealers, the most frightening part of this is that used car sales are expected to drop in 2008! In 2007 41.4 million used cars were sold and the forecast for 2008 is only 40 million units. So, if you are a new car dealer you need to prepare for fewer buyers in the market in 2008 verses 2007… and last year was a bad year!
This is great news for used car shoppers and if that’s you, you can expect your local new car dealers to offer a wider selection of used cars and be more receptive to satisfying your needs. Shop aggressively and smartly and you can get an outstanding deal. You should expect to see great prices and a great selection of nearly new lease turn-ins that offer exceptional value and savings.