Avoid Scams When Selling Your Used BMW

selling your BMWYou’ve had your BMW for a number of years. It has been a great car for you and you love it. Now, though, you’re ready for something new. Maybe you have your eyes on a brand-new BMW or even a certified used BMW that is a different model and has newer features.

When you’re getting ready to sell your used BMW, you want to make sure you get the best price for it while also being fair to the prospective buyer. You also need to be aware that there are scams that certain people run that can cost you quite a bit more than just money.

Avoid low cost Internet sites.

Sites like Craigslist are notorious for attracting scam artists and even criminals. If you advertise your BMW for sale on a site like this, you could be opening yourself up to some serious risks.

There are plenty of sites that provide advertising space and services for relatively low cost but also have a high number of qualified potential buyers who use the site regularly.

Be careful when showing your BMW.

Whether you use Craigslist or some other site to list your BMW for sale, be smart about meeting somebody to show them the vehicle. You want to try and avoid having them come to your home. You don’t know anything about this person and despite what they sound like in an email or on the phone, it’s easy for somebody with a long history of conning others to sound legitimate, honest, and even excited about the prospect of purchasing your BMW.

While your home address will be on the title after you sell it, that doesn’t mean you have to invite them over to your house.

If you plan on meeting somebody to show them your car and it’s not going to be at your house, make sure it is in a highly public and visible location. Make sure there are plenty of people around and it may be a good idea to have a close, trusted family member or friend go with you and observe the interaction.

Never let somebody take your car for a test drive.

They may hand you their license and a credit card, but are you certain that belongs to them or that it’s legitimate? You want them to be able to test this vehicle out, but you should go with them and have somebody else accompany you to meet them who will then secure their information and verify they are who they say they are.

 

2016-04-11T17:21:02+00:00 April 11th, 2016|Tips|

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