Too good of a deal to be true?

Hey I just came across a 2002 BMW M3 on the web for $9000. Thats right, nine thousand dollars.

The owner is European and says this car was American bought and because he cannot change it according to European standards, he must now sell it out. He says he has a small company in France. He cannot take finance, money has to be electronically transferred through "Ebay square trade".

Now I have a question, is ebay square trade going to protect me and my money from being frauded? I am not familiar with this..... He tells me that only if the car is shipped and in advertised condition to MY satisfaction, does square trade get verification from me to wire this guy my money. Is this true?

Because this is an international transaction, I am skeptical about this. What I ultimately wanna know is if "Ebay square trade" will prevent me from a scam...(car not being sent after recieving money). Would square trade send the money ONLY AFTER i give the okay?

Reply to
Awwwkrap
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Sounds fishy. American mods are more stringent than European, so he should have no problem. When I was in the service (USAF) I shipped my Volkswagen to Germany and had no problems with their inspection.. If it sounds to good to be true chances are it is.

Reply to
blk knight

Step back, take a deep breadth, do you really think you will get 2002 BMW M3 for $9000?

Reply to
Joe C

Sounds a standard scam. But just substitute Western Union for payment - they're the worst.

PayPal is the 'standard' Ebay way of paying in Europe, IIRC. But it's not any real protection.

Anything that sounds like a scam usually is. And I can't really think of anything on a BMW - other than simple things like lights - that are *that* different between the US and Europe - especially LHD Europe.

Reply to
Dave Plowman (News)

As the scammer, er, vendor, if he will agree to sell it via an escrow service. That's the only way to do this (well, maybe not THIS) kind of thing. You send the money to an escrow service. He doesn't get it, but he is told that the money is there so he can ship the merchandise. When the merchandise arrives, and it's a real M3 (not a die cast model), you inform the escrow service that you are authorizing them to release the funds. Simple.

If you "came across" it on the web, and not on eBay, there is no eBay protection (such as it is), if it was not listed on eBay.

Or just save yourself some time, and forget about it.

Reply to
tech27

ALERT with that one -- this is a reasonable precaution, and good scammers are quite willing to use an escrow service and will suggest one to use -- only it's a completely fake one they've set up for that very purpose in advance. Complete with phony website, phones, etc. It's happened, really.

-Russ.

Reply to
Somebody

No doubt. Make that "Use a know, reputable escrow service" Like "escrowscamnigeria.arg"

Reply to
tech27

SCAM sorry for the yelling but it's a scam. Want to find out for sure?

I inquired about a similar deal on an M5 almost identical story to yours. Wanted to use a service such as Ebay Square Trade and he gave me the web link. I went to the site then went to

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and checked out who owned the domain and when it was registered, etc... Turns out it was registered the day before. I then researched a reputable service and told the seller that I first needed to see/touch the car since the Car and I were supposedly in the same city and that I would like to use
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instead of his service.

Never heard back from the seller/scammer and oh yes I called him on the domain info I found. Run do not walk away from this deal. This is a very common scam and is in line with the emails from your bank/credit card company notifying you that someone tried to hack your account so please verify your user name and password by going to this site that looks and feels like your financial institutions however it's a temp site to gather/steal your info.

All the best,

Reply to
FSJ

No, SPRINT away...

DAS

Reply to
Dori A Schmetterling

This is obviously a scam.

-Fred W

Reply to
Malt_Hound

On the surface, this sounds like a scam.

There is a scam that goes something like this, I have 1.5 million in an account that I can't get to because there are regulatory issues. I only need $5000 to get through the regulations and get to my 1.5 mil. If you give me the $5000, when I get through the regulations, I'll repay you $25,000 for letting me use your money.

A variation on this scam might go something like this, I am in France with an American car, and I can't get the car to pass the rules here, so I am going to sell it at a loss just to get over it. The trouble is, I can only take cash ...

Reply to
Jeff Strickland

"Awwwkrap" wrote

This is about the third variation of this scam I've heard.

I can't believe anyone would be so foolish as to fall for it.

I guess it is true that "you can't cheat an honest man"

Think about it - most scams play on your greed...

Reply to
JT

Take a look at

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,one of the largest sites for used cars in Europe. They have a clear warning about scammers.

If the price is too good to be true ,it's too good to be true....

Steinar

02 e46dat 195hp/420nm he-he...
Reply to
Steinar

Don't forget, scammers do this on full price cars too...

-Russ.

Reply to
Somebody

You MUST be a freaking idiot to even imagine that this ISN'T a scam.

This scam has been around so long, and discussed so widely, that it's hard to believe there is anyone in the world who would fall for it.

DS

Reply to
DFS

:shock: let me know what you think. this robert weissbach guy has a 1997 toyota supra on yahoo and autotrader for $6000. he replies to an e-mail from me from 2 different e-mails stating that he had some problems with his computer and also thar the car is in a garage in ny, but he is now in the uk and he's having financial problems. i then receive an e-mail from square trade stating that i have until the 22nd to pay the full amount, but this guy wanted me to wire the money asap through western union to the uk and also say that it 's for a friend to avoid taxes. on top of that, i have not been able to get through to square trade on the phone. so i tell this guy that i want the vin#: he sends me a copy of the title. the vin# and the square trade number are legit, but i still get the feeling that it might be a case of stolen identity. i'm so glad that i read the posts on this site before i wired that money; i was very close. now i'm wiser and i hope that his can help others.

Reply to
euslbria

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