The Vehicle Safe Trading Advisory Group (VSTAG) are warning drivers not to fall for scams when buying a used car, as average prices continue to rise.
A YouGov survey conducted on behalf of the group found that 47 percent of UK motorists are prepared to pay the seller thousands directly from their bank account to secure a good deal.
Speaking on behalf of VSTAG, Tony Neate, the CEO of Get Safe Online, highlighted the growing risk of vehicle scams for young and inexperienced drivers.
He explained: “Although car buying and selling is as safe as any other purchase, VSTAG is concerned the growing squeeze on household finances may be putting more people at risk of scams.
“After your home, a car is likely to be the largest single purchase you make, and so we want to remind people of the small, but simple steps that everyone can take to not only minimise risk, but also to put themselves in the strongest position should they be affected by fraud.”
Giving advice to those who are thinking about buying a used car, Tony also warned drivers to avoid buying a vehicle without seeing it first.
He said: “When buying a vehicle, one piece of advice is fundamental. Make sure you see the vehicle ‘in the metal’ before parting with payment.
“Being asked for any sort of money before even seeing that the car exists is a big red flag, so don’t be caught out.”
VSTAG also highlighted that drivers thinking about buying a particular car should always check the number plate to see if it has been stolen, subject to outstanding finance or written off.
Whilst the police may seize a car that has been stolen, leaving the new owner to face serious legal issues, the group’s study found that only 37 percent of buyers check the vehicle before buying a car.
Many websites allow users to check vehicle number plates, often offering basic information for free and more detailed accounts, such as if the vehicle has been imported, for a small fee.
In addition, VSTAG recommended that drivers check that the cost of the car matches the overall market value, warning that prices that seem too good to be true often are.
If the check comes back clear, motorists should closely inspect and test drive the car at the seller’s home before they consider buying it.
Finally, if a driver is happy with the vehicle, VSTAG advised that they should try to transfer money via a credit-card company, as they may be able to support the buyer if an issue occurs.
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