Ferrari Mailing List: Re: "Cheap" F40

[Brian E. Buxton (BrianBuxton]

Yes, there are some people who get so caught up in the purchase that 
they forget to really think about the deal offered to them.  I just 
answered an e-mail from one gentleman last week who almost sent a 
deposit for a Porsche in Italy on the same premise

Let's say someone is enticed to send payment in full for a vehicle - 
what would really make them leery of this car, unless the price is way 
out of whack?  What if this seller has the VIN, numerous pics and would 
offer to send you (the buyer) one key to the car and the owners manuals 
after you send a deposit?  Would you trust them more?  What about a copy 
of a (faked) PPI from a shop that a previous interested buyer "paid for" 
but ended up not buying the car (because of illness, his wife nixing the 
deal, etc.).  What about a faked copy of the "title?"  Hell, a Ferrari 
list member posts a lot of this exact type of info on his web page.  
What would keep someone from taking those documents and modifying them?  
Or picking service receipts, etc. out of the trash at an owners house, 
at the BMV or at the local service center.  Would you feel comfortable 
if you had all of the "service history and documentation"?  What if the 
seller offered to give you the $ of the "previous owner" who was 
actually his buddy and partner in this scam.  You could actually call 
and talk to a 3rd party person who "sold" the car to the seller you are 
negotiating with.  What about a photo of the car and "seller" with a 
copy of today's major newspaper in his hand (where you could see the 
date and front page)?  That's a lot of items to make a buyer feel 
comfortable.

Or let's take this from another angle.  Maybe the buyer IS smart and 
wants to fly out to view the car or have his own PPI performed.  BUT, 
the buyer has them put down a $10,000 or $20,000 "refundable" deposit to 
hold the car until everything is performed or the buyer can make the 
trip?  All this guy has to do is get 5 or 10 people to send deposits, 
close the account and walk off with $50,000 to $150,000+ dollars!  Not 
bad for a weeks dishonest work.

This would be so easy to do I'm surprised that more people don't try 
it!  All you would have to do is walk down any street or go to any car 
lot and take lots of pics and write down a VIN of a truck, Corvette, 
Ferrari, Honda, etc.  Then run an ad or sell it on E-Bay.  Take $5,000 
deposits from 10 people and do it all over again!

Brian



Jason Polzer wrote:

> I don't understand these scams.  Someone that was smart enough to save 
> up $200k for a car is dumb enough to wire it away without performing 
> any due diligence?  Or is there a different angle?
>
> Curious,
>
> Jason
>
> Brian E. Buxton wrote:
>
> > Reads like a scam - the wording of the ad, the fact that the contact 
> > info is lacking, the price ... I'm sure any Ferrari dealer in the US 
> > looking for inventory would write the guy a check for his asking price.
> >
> > BEB
> >
> >
> > Jason Polzer wrote:
> >
> > > http://www.dupontregistry.com/autos/search/DRauSearchDetails.aspx?itemid=350987 
> > >
> > >
> > > Jason
> > > _________________________________________________________________
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--
Brian E. Buxton

President, Buxton Motorsports, Inc .
www.BuxtonMotorsports.com
(812) 476-2281 x 209
Member ThaList.com

Managing Partner, Private Label Livery Services
www.PrivateLabelLimo.com 

President, Brian Buxton Enterprises, Inc.
Nationwide Enclosed Auto Transportation
www.BuxtonMotorsports.com/storage-transportation.php 

Founder & Past President
SO. IN Region PCA
www.pca.org/soi