Used Car Scams
Buying a used car can be stressful enough, without having to worry about whether or not the vendor is trying to rip you off. Unfortunately there’s a high chance of this, as one in every three HPI checks flags up some sort of problem. It could be that the car is subject to outstanding finance, it may have been clocked or it could have been involved in an insurance claim at some point. Alternatively it could be stolen, or there’s an array of other ways you could get caught out – so here’s how to protect yourself.
What are ghost brokers?
Running a car tends to be expensive, so it’s no wonder drivers are always on the look out for ways to trim their costs. With insurance often one of the biggest overheads for car owners, it’s also one of the areas that’s potentially the easiest to save cash. There are lots of ways to cut your insurance bills, with shopping around being at the top of the pile. But when you’re doing your price comparisons it’s essential that you don’t get duped by a scammer – or ghost broker – selling you a non-existent policy.