8 July 2015 - Business View Caribbean
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As Used Car Listings Boom, Car Shoppers
Should Watch Out for Common Scams
Opportunities to buy used cars are getting better each
year, as indicated by the surge in used and certified
pre-owned vehicle listings on Autotrader (up 4 percent
and 12 percent year-over-year, respectively). With more
variety than ever, shoppers have plenty of choices of
not only which car to buy, but also who and where to
buy it from. As the summer car-buying season begins,
Autotrader experts warn buyers to be cautious of com-
mon car-buying scams that heat up as the weather
gets warmer.
“There are many traps that shoppers can fall into when
buying a car, so we advise taking it slow and avoiding
any deal that seems too good to be true,” says Brian
Moody, Autotrader site editor. “While it’s easy to get
wrapped up in excitement or get your heart set on a
certain car, shoppers who rush their purchase deci-
sion are more likely to overlook red flags or agree to
