How To Avoid The 'deposit' Car Buying Scam

How To Avoid The 'deposit' Car Buying Scam

How To Avoid The 'deposit' Car Buying Scam

James Bell (Publisher, Auto Reviewer) gives expert video advice on: What is the "deposit scam" and how do I avoid it?

What is the "deposit scam" and how do I avoid it?

The deposit scam is often used when vehicles are in really high demand or have a very low inventory situation. If you need to hold a vehicle, make sure that the deposit is refundable. Be very clear about that when you do the contract. Otherwise, do not do it; it's just a way of having that deposit money eventually stolen when they don't deliver that vehicle to you.