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Fallen for AutoTrader Scam

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  • Double_V
    Double_V Posts: 912 Forumite
    macman wrote: »
    Leaving aside the fraud issue, why would you pay a 'security' deposit on a vehicle you have not seen?
    There is no such thing as a 'security' deposit: paying a deposit confirms a contract to buy the vehicle at an agreed price.
    So if the car had been genuine, but upon inspection you'd decided not to proceed, you could in theory be sued by the trader for the value of the contract (though in practice you'd simply have lost your deposit).
    Realistically there is minimal prospect of recovering your deposit, even if the offender is tracked down. Sorry.

    How come ?
    Seller conned him. This is pure fraud.
    I don't get it. :(
  • ChumLee
    ChumLee Posts: 749 Forumite
    Double_V wrote: »
    How come ?
    Seller conned him. This is pure fraud.
    I don't get it. :(

    Because the money will have disappeared.
  • Totally agree, how people give money for a 2nd hand car they haven't seen, unbelievably naive. Then to pay using a bank transfer! CC & debit cards have a chargeback facility, transfers don't.
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