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From the web to your driveway: How to purchase a car on-line
Original Story from Consumer Blog
Attorney General Jay Nixon
The internet can be a great tool for searching for the perfect car. Collectors may look to the web to help them find rare parts, or even their dream car. For others, the web might provide opportunities to find a car at a better value than one off the lot.
But there are risks in purchasing a car sight unseen, and without a test-drive. A recent and informative article in the Kansas City Star states that the National Fraud Information Center's Internet Fraud Watch receives countless complaints form people who have been scammed while trying to purchase an automobile online. These complaints include unreported body and flood damage to the car. Also, people reported purchasing cars that were over-priced, that don't have titles, and even cars that don't exist.
So, what can you do to protect yourself? The KC Star suggests you follow several steps:
First, if you can, check the vehicle out for yourself, take it to get inspected and test-drive it. If not, you can hire a company such as CARCHEX, to inspect the car thoroughly. Second, find out if the car is priced appropriately. Check the fair market value on a website like Kelly Blue Book. Also compare the car's cost and history with similar cars on direct-buy sites, like Autobytel.com. Third, get the vehicle identification number (VIN) and verify its history through Carfax - at a cost of $24.99. Fourth, read the fine print. If you are using an online auction service, check into its history and reputation and try to review the seller's record.
You can also utilize our "Check list for car buyers," as there are some additional tips and helpful questions you can ask the seller.
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