READERS’ QUESTIONS
I’m about to enter the shark-infested pool that is known as the used car market. Are there any new scams I should be aware of?
Craig Stone, via email
Used car prices are riding high, so be suspicious of anything youngish and with low mileage that is too cheap. Not everything is fetching strong money, but as supplies dwindle, prices are only going one way. You should always run a history check on a used car, but rather than just one, do two checks, since some companies delve deeper into vehicle histories than others. Pay the smallest prepurchase deposit you can, check online reviews of the seller and beware of those requesting your payment by bank transfer only.