Identity theft is no longer restricted to people. Nowadays, automobile thieves steal the identity of an automobile and make use of it to market the loot of theirs. How can they do it?
A Cloned Car
To be able to promote a stolen automobile to nave purchasers, thieves duplicate an automobile and make it look as another automobile.
A crook is going to sell you a cloned automobile for a lower cost than an authorized dealer. Nevertheless, you have to stay away from it due to the following reasons:
2. Should you purchase such an automobile, you are going to lose the investment of yours.
3. Should you purchase a cloned automobile knowingly, you may get arrested.
Stay away from becoming a car Thief ‘s Second Victim
Don’t fall prey to him/her by purchasing a cloned automobile. Below are a few suggestions that will help you stay away from being a thief ‘s next victim:
1. Seller Information
It’s alright in case you’re purchasing a used automobile from a private seller. Nevertheless, you have to keep in mind that an automobile thief won’t ever offer you his/her contact info and employment information. So, don’t forget to consult the following information from the private seller:
You have to make certain that the VIN is attached and intact.Sponsored
The department is going to check the VIN and confirm whether the automobile is actually registered under the private seller’s title.
3. Registration and Title
In case the private seller is actually unable to supply you with registration and title, consider it as a red-colored flag. In case he/she is actually the actual master of the automobile, he/she should have title as well as registration documents.
4. Insurance and Lien
Obtain info related to previous lien. Additionally, question the private seller about insurance. Don’t forget to confirm the info with the lender along with the insurance company. In case you find some discrepancy, take into consideration it as a warning signal.