Selling cars on racing junk - scamming

[Ed Wright]

I listed mine here in the cars for sale, racing junk was suggested to me yesterday. Guess I need to check it out. I would never sell through paypal. It has been hacked too many times. Somebody buys mine will show up with $100.00 bills, or the check will clear the bank before the car leaves. Lots of stories about Craig's list also.

[joespanova]

I sold my classic 1961 VW Beetle ragtop to a guy in the Virgin Islands on EBay.......I told him cash only.......by chance he had a family member who lives in Atlanta who delivered the cash and met them AT MY BANK where the money was confirmed and deposited on the spot.
This is the ONLY WAY I will sell anything of significant value.

[Rich Biebel]

I have used RacingJunk for years to buy and sell and never had a single problem.

I have bought and sold race cars and parts and aside from dealing with a lot of tire kickers and lowball offer makers....it's a great place. I have never had any scammers contact me about anything I have advertised and all transactions went fine....

I have also used EBAY with good success.....but prefer RJ

Lots of exposure and not a big cost.

[Rich Biebel]

Originally Posted by Ed Wright

I listed mine here in the cars for sale, racing junk was suggested to me yesterday. Guess I need to check it out. I would never sell through paypal. It has been hacked too many times. Somebody buys mine will show up with $100.00 bills, or the check will clear the bank before the car leaves. Lots of stories about Craig's list also.

Ed....I have used PayPal many times with zero problems......My only complaint is the cut they get for the sale and for the check they send you if you want to get paid that way.

I sold a Ron's fuel injection unit in Sept.
R-J ad.....took about 1-2 weeks to sell and to complete the deal and the buyer was fairly local.....he knew people I know so it made it a lot easier. He sent me a check in the mail......There are lots of honest people still out there and racers in general are very honorable people.....That has been my experience.....

[Sean Marconette]

I have only had this problem when selling items on craigslist. Someone wants to give you a higher price than you are asking and pay by Paypal, or something other than cash, the buyers have not been local. If it sounds too good, it is not going to be a good deal for the seller. Always an email and no other means of correspondence. The bad part is it's not just one of these emails, it is several from multiple crooks playing this game.

If someone wants to buy your car bad enough they will drive to see it and buy it on the spot. A down payment to hold it before they can come pick it up is another option showing good faith they want it. Again a written contract with stipulations that if the item is not what they thought it was they get their money back, if they fail to pick up the item within xx days they forfeit their deposit. Our society is not the most honest, so protect yourself, and make sure you have a leg to stand on if you have to go to court. Judge Judy 101. Written documentation and signatures are important to have a case.

Good luck, one more reason I hate selling anything, all the BS that you have to deal with.

Sean

[Ian Hill]

i have bought and sold many engines and parts on racing junk, all with issues, but when i lested my 68 Camaro stocker, and now the firebird these guys show up!

I can handle low ballers or guys that want to trade cause in todays market, sometimes its the only way people can move up into something they've always wanted. But these guys paying "extra".....i am going to come up with a scam to scam the scammers, when i do i will post it here. if there's a way to make an easy $1750 in am in!

Ian

[Lew Silverman]

"There are some people who will pat you on the back with one hand, and pick your pocket with the other! And it could happen to YOU!".....Captain John Braddock, Racket Squad.

[Ed Wright]

Dang! I just checked it out. All but a few are trying to give them away! Many from $25K to 32K! Crap! If I can't get 40K for mine, I'll just keep it. Big garage with plenty of room. Don't have to feed it.

[art leong]

Do not take cashiers (bank) checks Unless YOU can verify that the money is in the bank.
A scam that's going around is people pay with a cashiers check, you wait a week. Your bank allows you to draw on the money (by law). Then in about 3 to 4 weeks they find out the check was fraudulent. And claw back the money from you.
Also the deals that expect you to meet with the shipper are outright scams. They send you a phony check you deposit it, wait a week, Then the "shipper contacts you and arranges shipping "cash only" . Then you never hear from them again. Your bank eventually contacts you and wants any money from the check you spent back.

[DIAPERMAN]

Shannon Mingee got ripped off this way on Racing junk It is not the sites fault just crooks