Scam Alert! I was browsing craigslist the other day looking for a used car. There was a post that seemed too good to be true for a 2001 BMW for 4000 bucks.
I emailed the address listed in the post, email@example.com, requesting the mileage. I got this response:
I appreciate your fast response to my ad regarding the 2000 BMW 323i.
As you’ve seen from the pictures my BMW is in perfect condition. It has no rust or dents and it’s accident free. If you want to see the CarFax report I can provide it for you. Here is the VIN# WBAAM3348YFP83003. My asking price is $4000(negotiable). I’m only selling it so cheap because I need to sell it asap due to some personal problems. Mileage is 65,600. I serviced the BMW regularly and it’s in perfect condition.
Because I don’t have a lot of spare time I have appointed Vehicle Exchanges (www.vehicle-exchanges.com ) to handle the transaction for me. They will make the title transfer, arrange the money exchange and deliver the car to your location. At this time the BMW is at their office.
The transaction will be made only by using the terms stated above. If you are interested and you have the money available, please register an account with Vehicle Exchanges and get back to me with the e-mail address you used to register (registration it’s free and they won’t ask for sensitive personal details). As soon as I hear from you I will initiate the transaction and after that they will handle everything.
After we agree on the terms they will deliver the car to your house for a 5-day inspection period and if you like it, you can have it.
Now I know it is too good to be true. I followed the link to the escrow site he sent and although the site looked professional, something was still not right. It didn’t show up in any search engines, and after doing a whois on the domain, I was certain that this is a scam. The site was registered the same day the post was made on craigslist!
So, how the scam works: the unsuspecting victim agrees to sign up for an account at the Escrow site that the SCAMMER OWNS, and then enters their credit card or bank account information. This information is sent to the scammer, and the victim never sees the car that was promised to be delivered.
Be careful of scams like this. If you’re buying something from craigslist, do it in person. Also, remember that even if a site looks professional, it still may be a scam!