Classic Car Fraud

As the valuation on classic cars increase the fraudsters are getting to be more sophisticated.
My customers are inspecting and valuing classic and rare vehicles on the part of prospective buyers. Scams and fraud are an daily pain we need to deal with. Most are seen miles off because they usually repeat themselves, so that as I see them most days they become easier to spot.
During the last year because of the boost in the value of classic cars the fraudsters have upped their game and several are becoming very sophisticated. The internet is assisting their cause with spectacular websites.
Below is but one I encountered in December 2011. By doing the proper checks and applying common sense you will not be caught.
I was recently approached with a potential customer in Germany to think about an automobile on his behalf. The car involved would have been a left hand drive jaguar XK140 roadster in pristine condition. The asking price was 24,500 euros, very cheap was my first thought.
The seller contacted my client informing him the shipping was inclusive inside the cost. The car is at Co Durham around the shipping companies premises. He was given the shipping companies details including their internet site, which has been spectacular. They offered many services including the storage and shipping of classic and rare vehicles. The most interesting service they offered was like a broker for the buyer, the client paid the amount of money for the shipping company who held it for seven days following the vehicle sent to the customer. If inside a week the purchaser has not been satisfied your vehicle has not been as advertised all money refunded along with the car shipped time for on the sellers expense. Once the customer expressed their satisfaction the cash is paid for the seller. Sounds very re-assuring.


The shipping companies corporate headquarters main number would have been a mobile. When I checked companies house there were no record of the existence. I contacted both the seller and also the shipping company via email. The shipping company never replied to request to determine the car, however the seller informed me the shipping company been on house appraisal facilities and yes it has not been possible to view the automobile. My client in the meantime was being urged by the seller finally the sale as there were another interested party. I had the shipping companies hosting checked, it originated in Latvia, the sellers email source also started in an Eastern European time zone, despite telling my client he is at Scotland.
We think we'd never be seduced by a real scam, but I have no doubt some have. Bear in mind the automobile was advertised in Germany, the two car, the seller as well as the shipping company are inside UK, immediately you will find there's language barrier, along with the price it can be sold at looks this kind of bargain. The shipping company offering the brokerage service would attract a honest person.
This scam has not yet gone away, it's going to appear again, who is to state they'll not advertise in a UK publication an automobile in Spain, or another European country at a very attractive price with a similar brokerage facility, I believe they'll catch unsuspecting people.Their set up prices are low along with the rewards are very high. Five people caught equals one hundred thousand pounds. The difficulty law enforcement have using this kind of crime is which country was the crime committed and how are these folks found?
How often museum in vegas will we allow our hearts to rule our head when our dream car comes around the market at a price we can afford? The desire to own this kind of vehicle often dictates all good sense is ignored. It is advisable to obtain a second opinion from the professional who has no emotional or financial interest in you buy.
museum in vegas NOT ALLOW YOUR DREAM TO BE BECOME A NIGHTMARE.