buying car from Spain

jimbo32123

i have agreed a price with a guy for a car from Spain..

has anyone any experience with it?? he has suggested using yahoo finance as an intermediary all included in fee agreed..

wat pit falls etc would you guys have for me?>

Gumbo

ohh good lord.............................

are you in Ireland?
Is the car in Spain?

why buy from Spain?
why not buy from Ireland?

have you seen the car?

my gut tells me its a SCAM

jimbo32123

im in ireland car is in spain..

the car from spain is cheap as its a right hand drive been sold in a left hand drive country!!

the car is in Cadiz!

MagicMarker

I wouldn't hand over any money unless I can drive the car away myself.

If you're serious about buying the car then buy yourself a plane ticket and drive it back.

fm

have you spoken to seller or is it email only?

brennarr

If I was you I'd be dictating on how I want the money transferred not him!

Padraig Mor

scam scam scam scammy scam

jimbo32123

'As far as the seller concerns, i will be glad to know that Yahoo Finance is in possession of the funds during the delivery period.
You will be given a 15 days inspection period from the day you receive the car at home( i will ship it to your address insured for full value to you ).
If you decide to keep the car, then you will have to authorize Yahoo Finance to release the funds to me, and the transaction is complete.If the vehicle is not as described ( perfect interior,exterior,mechanical condition ), you will be able to send the vehicle back through the same shipping company ( return postage at my expense ), and ask Yahoo Finance to return the money to you.'

the above is what the seller is telling me about the transaction.. so i would have 15 days to give her a good going over ya know!!

cabrwab

How much cheaper then every other car on the market smells like a scam careful now!

SCAM SCAM SCAM RUN THE FU*K AWAY.

Mr Benevolent

That's a scam. Hope you can afford to lose the lot, OP.

fm

100% scam

MagicMarker

jimbo32123 wrote: »

'As far as the seller concerns, i will be glad to know that Yahoo Finance is in possession of the funds during the delivery period.
You will be given a 15 days inspection period from the day you receive the car at home( i will ship it to your address insured for full value to you ).
If you decide to keep the car, then you will have to authorize Yahoo Finance to release the funds to me, and the transaction is complete.If the vehicle is not as described ( perfect interior,exterior,mechanical condition ), you will be able to send the vehicle back through the same shipping company ( return postage at my expense ), and ask Yahoo Finance to return the money to you.'

the above is what the seller is telling me about the transaction.. so i would have 15 days to give her a good going over ya know!!

Would you hand over your car to a complete stranger and leave it to them to decide if they're actually going to pay you for it?

cailinoBAC

Definitely sounds like a scam. Anyway, even if it wasn’t
-how would you know the car was ok unless you got it checked?
-how will you get it to Ireland?

I am living in Spain (in Cadiz province until recently) and I can tell you that second hand cars here are more expensive than in Ireland and a lot of them are not in good repair. Luckily after a lot of searching we were able to buy one from somebody we knew.

There is a lot of paperwork. My boyfriend had to get a national insurance number in order to buy the car. Are you going to do that?

Also, don’t forget you will have to pay taxes when you bring it back to Ireland.

But none of the above really matters, because it’s most likely a scam anyway

subway

yahoo finance is a financial news website...
i dont thinj they have done personal finance transfers for years (if it was ever even available here)
i presume you transfer the money to "mr yahoo finance" via western union?

Gumbo

jimbo32123 wrote: »

the above is what the seller is telling me about the transaction.. so i would have 15 days to give her a good going over ya know!!

no you wont, what that means is the seller has 15 days to withdraw your money and dissappear.

arch_stanton

OP - Why don't you spend the 5 seconds it takes to type Yahoo Finance Scam into google? I did and I found this - http://scam.com/showthread.php?t=33563

Have a look about 14 posts down the page and see if the story looks familiar

MagicMarker

I bet you're glad you posted here OP.

Gumbo

I nearly fell for the exact same scam! I am in the process of saving up for a new car and saw an amazing deal on a seat leon advertised on auto trader. The first email read "Hello there,
I am glad to hear that you are interested to buy my
2007 SEAT LEON FR TDI! Although I am registered in the UK,i recently moved to Cadiz,Spain (where my family is from) and the car is being shipped from here. I want to sell it in UK due to the fact that it's an UK version (right handed),it meets all UK standards.I bought this car from UK and It still has UK registration, so you won't have to pay any import and insurance fees.The car meets all United Kingdom guidelines so there will be no problem regarding UK Customs policy on receiving the car.The car is in perfect condition, the bodywork is immaculate,no scratches, dents or hidden defects as well as the interior in excellent non-smoking condition , never been implied in any accident and it is as advertised .The car comes with log book, HPI cleared, No finance. You will get from me the keys and all documents to register the car in you name.If the car is not how i described it, i will offer a full refund. It will be insured during transportation and will be delivered at your address in maximum 10 days. Final price is GBP 4,000 (the price includes shipping and insurance fees).The price is low because the car is right hand drive in a country where all cars are left hand drive so in the Spain is very difficult to drive this type of vehicle and nobody wants to buy it here in Spain.Instead of keeping it in garage (during this economical crisis), I decided to sell it to someone back in the UK for a really attractive price.I want to take this opportunity to assure you that this deal is 100% legitimate,the deal will be manage by a well known company,in this way both buyer and seller are 100% covered during the steps of this transaction.
Let me know if you need any further details or if you would like to buy my car.
Thank you"

I naturally responded asking questions concerned that is was too good to be true to which i got this reply "Hello,
I completely understand your concerns and I want this transaction to be safe and secure for me and my buyer.
I attached the pics in case you want to see the vehicle again.
I want to inform you the the car is in Cadiz and it will be shipped from here to UK.The shipper I will use will deliver the vehicle to your door, you don't have to pick it from the port. Shipping will take 10 days maximum. The car will be shipped in a container; it will be loaded direct into a 20 ft or 40 ft steel shipping container at the port and it will be secured to the flooring rings of the container by ratchet straps and the wheels will be locked into position by wooden chocks, strapping to stop any movement. All vehicles are securely blocked, braced and tied down ensuring absolute security during transportation.
Due to the fact that i am located outside UK and we can not deal in person,i`ve contacted Yahoo Finance regarding this issue and they told me that they could offer to me a program that is created especially for international transactions that protects both of us.
Regarding the transaction, you will send the funds to Yahoo Finance and they will keep the money until you receive the vehicle and test it.In this way both buyer and seller are 100% covered during the steps of this transaction.Yahoo Finance will hold and insure your money until receipt of the car in good condition. That is how their service is working. As far as the seller concerns, i will be glad to know that Yahoo Finance is in possession of the funds during the delivery period.
You will be given a 15 days inspection period from the day you receive the car at home( i will ship it to your address insured for full value to you ).
If you decide to keep the car, then you will have to authorize Yahoo Finance to release the funds to me, and the transaction is complete.If the vehicle is not as described ( perfect interior,exterior,mechanical condition ), you will be able to send the vehicle back through the same shipping company ( return postage at my expense ), and ask Yahoo Finance to return the money to you.

If you want to read more about Yahoo Finance service please visit :
http://www.yahoo-uk-finances.com

If you want to get more info about their terms and condition please contact Yahoo Finance at: support@yahoo-uk-finances.com

If you wish to purchase it and agree to these terms i will need you to provide your full name and address. I will then notify Yahoo Finance and they will contact you to explain the entire procedure.

I will be waiting for your reply as soon as possible

Thank you in advance!" I then proceeded and emailed the address i was provided with to recieve the following "
Dear Customer,

Thank you for contacting us.
In response to your recent enquiry, for international transactions, we are offering to our customers the Yahoo Finance service.
According to our Yahoo Finance Terms and Conditions, we commit to act as a third party for exchange of funds between the Seller and the Buyer.
We are committed to provide a safe,risk-free trade enviroment to our customers.In the unlikely event of fraud, the Yahoo Finance provides an additional measure of safety.
In the unlikely event of fraud, the Yahoo Finance provides an additional measure of safety and our company refunds payment in full.
Fraud is defined as:
-Paying for a vehicle and never receiving it.
-Sending a deposit for a vehicle and never receiving it.
-Paying for and receiving a vehicle:
-that was a stolen vehicle at the time of the transaction
-with an undisclosed or unknown lien against its title
-a make and/or model that is different than what was described in the seller?s listing
-without receiving the title
-that has different specifications than the ones at the moment of agreement
-whose odometer reading is different than the odometer reading described by the seller

In the unlikely event of fraud, the Yahoo Finance provides an additional measure of safety and our company refunds payment in full.If you wish to purchase the above mentioned vehicle, and agree to use our services for this international transaction, you will need to provide the Seller with your full name and address and ask him to contact us with his agreement on starting the transaction using your details ( as Buyer ).
Thank you for your patience and cooperation in this matter.Please don't hesitate to contact us if you have further queries or require assistance.

Regards,

Customer Support (Trust and Safety Department)

Yahoo Finance Inc."

I then replied to the so called seller of the leon to which i have had no reply yet. Talking to my girlfriend and various others i was concerned regarding the email from yahoo, there was no official logo or any small print on the base of the email. I ran a check of the car on auto trader and it gave me the exact details, hadnt been stollen or crashed etc. Seeming to be too good to be true my girlfriend typed in yahoo finance scams to then bring up this very scam page iam writing on now.

I may have spent £20 on a check of the car but i very nearly paid alot more. Hopefully this will help you not make the same mistake. Like the program the Real Hustle say "if its too good to be true, it probably is!!!"

Source

reilig

Identical scam has been running on ebay several times now.
Don't get caught. You'll lose it all.
Make him bring the car to your door before you part with any money.

dumbyearbook

http://www.boards.ie/vbulletin/showthread.php?t=2055320098

Dedicated Scam thread here.

bazz26

Mother of God, are people still blinded by cheap asking prices?

OP why don't you ask the seller where he is located in Spain and that you will be there in a couple of days and will arrange to test drive the car before paying for it. Then wait for the long silence or number of excuses that he cannot meet you.

Nonoperational

I can't believe people fall for this. Wow.

Tea 1000

Seriously OP, you can't have fallen for this trick? I'm even amazed at the people who posted saying that it "seems" like a scam and to try x, y or z.
It IS 100% a scam, it couldn't be legit in any shape or form. It's no wonder people like this keep persisting with their scams when so many people fail to cop on to the most obvious examples.

JOSman

Yep, scam. This type of scam has been running for a number of years.

StupidLikeAFox

dont mind them OP, its probably legit

Esel

There's one born every minute. OP, this time, it's you.

It is definitely, absolutely, a SCAM.