7maddie71
contestada

what are possible red flags or signs of a scam when buying a car?

A- Being told your financing fell through

B- Lengthy negotiations

C- charging excessive fees

D- both A and C

Respuesta :

Answer:

D- both A and C

Explanation:

- Being told your financing fell through

It's usually used to trick you to pay with cash. The scammers will position themselves as a 'helper' that can get you the car despite the fail financing. If your dealer told you this,it could be a red flag there's a chance that he/she might ran away with the money without giving you the car.

- Lengthy negotiations

This is not  a red flags. Both the sellers and the customers will always try to get the best deal possible. So often times, the negotiations will become lengthy until they eventually found a middle ground.

-  charging excessive fees

In order to be aware of this, you need to conduct individual researches so you have general idea regarding the market value of the car along with average prices for additional services.