Today I received a call from a potential buyer for my Ferrari, call came in private number (red flag 1). I answer and immediately ask where he is calling from he informed me from Vancouver, he then proceeded to ask about the car, these are the questions he asked.
Canadian or American car
Miles on car
Miles on rebuilt
Interior condition Why I am selling
This went on for 10 min, I was thinking how thorough he was, then he informed me he represent a potential buyer. He is a loans officer for a lending company in Vancouver, the individual asking about my car was located in my city. He then informs me that the buyer would like to get together with me after they contact him stating that I was a serious seller. I asked what do you mean serious seller, he said that this person has been looking for a particular 348 Ferrari, he owned one once and wanted another (red flag 2). I informed him all was perfect and ready to go, have the buyer call me directly and I would be more than happy to answer any and all questions. He asked what day is good I informed him I am a very busy individual and just have the buyer call me directly and I will set up a time. He said that would be fine but I must make sure that the title of the car be signed over to his company when sale was made (red flag 3), his company would transfer monies over to my account or certified cheque when inspection from buyer was confirmed and accepted. I said I have no problem signing title over to whom ever as long as cheque clears or transfer comes through, he said of course no problem. I then asked when I could expect a phone call he said before that can happen his company needs a guarantee that this car is legit for sale and to prove my seriousness I had to deposit $500 into a holding account........DING DING DING DING DING. And there it was.......
I said excuse me did you say you wanted me to deposit $500 to confirm that I am a serious seller
I said are you serious, NO I WILL NOT DEPOSIT $500 IN ANY ACCOUNT click is all I heard......
So after all that it was a scam, as soon as I said no he hung up the phone lol. I wonder how many people this actually worked on, I mean you do this 10 times a month you are making pretty decent money.
The red flags were starting to add up, 1 the blocked call form a legit company, 2 there has never been another 348 owned in my City, 3 signing over the title only to the lending company this does not happen you would not be able to register the car.
I thought I would post this to warn people of this scam, not that any of you would be that stupid