If youre hoping to turn your used car into cash, but want to avoid becoming a victim of fraud, there are ways to work around this.Story continues below advertisement
You can stay safe while selling your car by using common sense and taking the right preventive measures. Here are 11 tips for a smooth transaction:
READ MORE: Police creating safe zones for those buying and selling online
Create a dedicated email address
Set up a new email address to use in your online or print ads. Pick a name such as Mustang2002 or Toyota_Corolla_2011. This will protect your privacy and serve as a distinctive point of contact for shoppers.
You will want to separate serious potential buyers from tire kickers, not to mention crooks, so try to engage shoppers in a phone conversation. Youll get a better feel for them that way than in an extended email thread or exchange of text messages.
Listen carefully to the questions people ask. Legitimate buyers will want to know a lot about your vehicle before wasting their time coming to see it. Scammers may be quicker to set up a meeting.Story continues below advertisement
WATCH: Tips to stay safe when selling online
Arrange to meet in public
Criminals like to operate where theyre less likely to be seen, so foil them by setting up a meeting in a store parking lot or another location with a lot of traffic, ideally during daylight hours.
READ MORE: Police urge safety on buy-and-sell websites like KijijiStory continues below advertisement
If youre particularly wary, the parking lot of a police station or city hall might not be out of the question. For obvious reasons, its best not to give strangers your home address and invite them to see the car where you live.
Tell others about meeting
Give a friend or family member a heads-up about your meeting, including the location, time and your expected time of return. And it wouldnt hurt to give that person a call when the meeting is over.
WATCH:Mans humorous video to sell car goes viralTrending Stories
- Canada set for unprecedented home price drop by early 2023: TD Bank
- Elon Musk, please help us: Tesla owners start hunger strike over quality issuesMans humorous video to sell car goes viral Feb 10, 2016
Dont go alone
Criminals are less likely to act if someone else is there. You dont need a trained bodyguard, though. Just having a friend come along will give you an extra margin of safety.Story continues below advertisement
Trust your gut
Its likely that youve gotten a good impression of the buyer on the phone or you wouldnt have set up a meeting. Still, size up the person and the situation before you get out of your car and trust your instincts.
Ensure safe test drive
f you want to sell your car, youll probably need to let potential buyers take it for a drive. But how to keep it from being stolen? Some sources advise that you go along on the ride, but its really not a good idea to be in a vehicle with a car thief.
READ MORE: Texas car vending machine helps customers avoid dealership stress
The best strategy is to make sure your insurance covers other drivers, remove valuables from the car, and set a time limit for the test. If possible, use your smartphone to take a photo of the would-be buyers drivers license, or at least write down the name and address. And make sure the photo on the license matches the person at the meeting.Story continues below advertisement
Arrange secure payment location
Even if youre physically safe, you still could fall victim to a scam. For example, its not common practice to make payment at the first meeting. So if the buyer suggests an immediate exchange of cash for the car, that could be a red flag.
One safe way to handle the transaction is to meet a second time at your bank or the buyers bank. That way, you can more quickly verify whatever payment method is used.
WATCH:New scheme targeting new car sellersNew scheme targeting new car sellers Mar 29, 2017
Get paid before signing over title
Before completing the transaction, be sure youve really been paid. Payment by cash or a cashiers check will help guard against fraud, although theres no absolute guarantee against a bad check or counterfeiting. Even banks sometimes miss these ploys. And unless the buyer is a relative or close friend, dont agree to a payment plan.Story continues below advertisement
READ MORE: Why a bill of sale is vital when you sell your car
Clean out car
Remove all your personal property from the vehicle before turning it over to the buyer. You dont want to lose your phone because you left it plugged into the charging port in the centre console. And you definitely dont want to be the victim of identity theft because you forgot to remove papers containing personal information.
Be cautious, but not paranoid
Keep in mind that potential buyers are likely to be as wary of you as you are of them. Maintain a professional and non-confrontational demeanour throughout the transaction. Remember that millions of people sell their used cars without any serious problems and incidents of fraud and personal injury are relatively rare.
This story was provided to The Associated Press by the automotive website EdmundsAdvertisementSubscribe to updates from GlobalNewsUnsubscribe from GlobalNewsupdates© 2017 The Canadian Press