Classic Car Scam Just Around The Corner

The vehicle was a very desirable 1969 Mustang model and listed on ‘American Listed.’ The owner was working overseas for a world wide major commercial brand. She was a real person with a high profile career, visible on the internet. As she didn’t have time to meet a potential buyer, the car was being stored with a storage facility in Washington State.

An interested buyer could send the $60K USD asking price to the storage company and then you can go and inspect the car. At this point you’d have 7 days to decide whether to buy it. If you don’t buy, you’d get your money back.

That was the story, anyway.

The reality was that thieves had completely assumed her identity and the car was a complete fabrication designed to perpetrate this crime. The storage company was non-existent and was used to make the buyer’s money disappear.

When the lady was contacted, she explained that her identity has been falsely used for the last 3 years in the scam.

This story highlights the importance in working with an experienced, trusted professional to handle your classic car transaction (buying or selling). We have ‘seen it all’ and know all the scams to watch out for and act on your behalf to protect your funds and classic car investment.

 

Lipstick on a PigLIPSTICK ON A PIG
Avoiding Life’s Lemons

Lipstick on a Pig features excerpts from the vast library of Maurice Bramhall’s experiences.

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