Red Flags To Look Out for When Selling Your Car

If you’re selling your car for one reason or the other, which red flags should watch out for in your potential buyers? Here are a few indicators of dodgy buyers:

1. Hasty buyers

Just like hasty sellers are a red flag, so are buyers. You may be looking to offload your car quickly for one reason or the other, but it leaves you vulnerable to scammers. You shouldn’t trust a buyer who's overly keen to buy the car.?

Indicators of a fraudulent car buyer include:

• Offering to buy immediately without an inspection or a test drive
• Offering a pricing way above your listing price
• Paying above the agreed amount to your bank account or paying in cash
• Suspicious money orders or cheques?

2. Dangerous/time-wasting test drivers

This category of scam buyers might not rob you of your car, but they will absolutely waste your time, energy, and fuel. And sometimes leave your car needing repairs (and even harder to sell to a genuine buyer).?

After enjoying an undeserved drive in your car, they’ll try to lowball you with an extremely low offer to get out of the deal. Among the excuses, they’ll cite the condition of the car or fuel consumption.

3. Criminal buyers

If a buyer wants you to meet them on their private property or somewhere excluded, that’s also a red flag. You might get robbed of your car and other valuables! Always meet in public and in the presence of a witness or a third party (maybe even a lawyer).?

Some buyers also purchase the car and then file fraud claims against you (to try and scam money out of you or tarnish your reputation). You should always document every interaction you have with a buyer and write down any agreement you have in the contract or sales agreement.?

To avoid the hassle of dealing with scam car buyers, you should sell your car through a trusted service like Peach Cars.?

List your car with Peach Cars now.

Ask The Car Experts

How do you get the best deal when buying or selling your car? Simple! Use Peach Cars- a platform dedicated to connecting car buyers and selling through cutting-edge technology and a customer-centric ecosystem. We focus on quality, transparency, and excellent customer experience to offer next-level convenience to both car buyers and sellers.

Talk to us on Whatsapp about selling or buying a car.