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-   -   Selling cars on racing junk - scamming (https://classracer.com/classforum/showthread.php?t=50607)

Ed Wright 11-26-2013 03:21 PM

Re: Selling cars on racing junk - scamming
 
Dang! I just checked it out. All but a few are trying to give them away! Many from $25K to 32K! Crap! If I can't get 40K for mine, I'll just keep it. Big garage with plenty of room. Don't have to feed it.

art leong 11-26-2013 05:14 PM

Re: Selling cars on racing junk - scamming
 
Do not take cashiers (bank) checks Unless YOU can verify that the money is in the bank.
A scam that's going around is people pay with a cashiers check, you wait a week. Your bank allows you to draw on the money (by law). Then in about 3 to 4 weeks they find out the check was fraudulent. And claw back the money from you.
Also the deals that expect you to meet with the shipper are outright scams. They send you a phony check you deposit it, wait a week, Then the "shipper contacts you and arranges shipping "cash only" . Then you never hear from them again. Your bank eventually contacts you and wants any money from the check you spent back.

Ed Wright 11-26-2013 06:08 PM

Re: Selling cars on racing junk - scamming
 
Makes cash sound much better. I didn't they could do that with checks.

art leong 11-26-2013 06:35 PM

Re: Selling cars on racing junk - scamming
 
Quote:

Originally Posted by Ed Wright (Post 410365)
Makes cash sound much better. I didn't they could do that with checks.

It usually happens with money transfers, but cashiers checks are just as dangerous, if you can't contact the bank yourself (local). Your bank has to let you access the money within a set number of days whether the money has cleared or not. One of those bank laws that was supposed to protect the public (not).
People see a bank check, then the money becomes accessable. You think all is right then wham.

Ed Wright 11-26-2013 06:38 PM

Re: Selling cars on racing junk - scamming
 
Good to know. Thanks!

rognelson777 11-26-2013 07:04 PM

Re: Selling cars on racing junk - scamming
 
latest paypal scam, they ask you to email them pictures and they will purchase via paypal. They agree on price and tell you to invoice them. you get a email confirming your paypal account has recieved payment. DO NOT BELIEVE IT,
do not click the links in the email

YOU MUST LOG IN TO YOUR PAYPAL ACCOUNT TO CHECK THE BALANCE.

Also had a fake email that my Paypal account has been breached and to clicl the link attached, another Scam.

Never follow a link from a email about account problems, always go directly to the main website in question and log in.

art leong 11-26-2013 07:16 PM

Re: Selling cars on racing junk - scamming
 
Quote:

Originally Posted by rognelson777 (Post 410372)
latest paypal scam, they ask you to email them pictures and they will purchase via paypal. They agree on price and tell you to invoice them. You get a email confirming your paypal account has recieved payment. Do not believe it,
do not click the links in the email

you must log in to your paypal account to check the balance.

Also had a fake email that my paypal account has been breached and to clicl the link attached, another scam.

Never follow a link from a email about account problems, always go directly to the main website in question and log in.

x2

HandOverFist 11-26-2013 07:47 PM

Re: Selling cars on racing junk - scamming
 
Paypal is the cat's *** if used correctly. You can request an account card (credit card sized) that has a digital display...you must press the button on the card to log-in or purchase anything thru Paypal. It has a display window that generates a random number sequence which you must enter to begin any transaction. I have mine tied to Ebay as well and have to enter the numbers to even access the site. Been using mine for about a year now...I would venture to say it is virtually impossible to hack. I'll post a pic of the card when I get home from work this evening.

http://i434.photobucket.com/albums/q...ps831deaae.jpg

Shake & Bake 11-26-2013 08:47 PM

Re: Selling cars on racing junk - scamming
 
I've been a member of racingjunk.com for years. Never had an issue with
selling anything. I ONLY DEAL IN CASH. If they want to buy what your selling they will come to you.
Example: I sold a car & trailer package deal on racingjunk in September of this year. When these folks "pmed" me and said that they wanted to come and view it I told them to bring their tow vehicle and some cash if they were really interested in it. I said we might be able to make a deal but would not guarantee they would go home with it. They drove 730 miles to my place. They brought both (tow vehicle & cash). When they left it went with them.

All it takes is common sense.

It gets better. In October of this year I found a 34' enclosed trailer on racingjunk.com that I was interested in. I "pmed" the seller a few times to ask some more information about it. He always replied back. We kicked around some figures over a two week period and got close on the final price. I drove 370 miles to see this trailer and it was everything the seller said it was. I brought it home. Again, it was a cash deal. Removes all doubt for both parties involved. Cash is king....

Greg Reimer 7376 11-26-2013 09:38 PM

Re: Selling cars on racing junk - scamming
 
After spending probably close to $10,000 on ebay for parts, car parts, Chevelle stuff, engine parts, and hobby supplies,Pay Pal wanted me to send them my savings account number so they could 'make two small deposits", and for me to monitor my balances then notify them that they occured, so that I could become 'verified'.I didn't believe it, since pay pal is full of hackers anyway.When they attempted to decline a purchase attempt, I go cash only. If a seller won't go with a money order or a bank check,then I don't buy.Ebay owns pay pal anyway, so they have a real cozy arrangement.Some sellers now won't use Pay pal, and one seller refuses to sell in california since he refuses to collect sales tax due to the paperwork and time wasted doing so. It's not all easy out there, but one red flag five alarm no- no is buying from foriegn countries. Once they get into your financial world through your accounts, you can't believe the problems you will have. Cash is always king in most deals.


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