Identity theft is no longer just for individuals. Today, car thieves steal the identity of the car and use it to sell their loot. How do they do that?
Cloned car
Cloning is the process of creating an exact duplicate of something. To sell the stolen car to naive buyers, thieves clone a car and make it similar to another car. They change the identity of the car by changing the license plate, the vehicle identification number (VIN) and the stickers to another car.
Losing-losing situation for buyers of cloned cars
A thief will sell you a cloned car at a lower price than an authorized dealer. But you should stay away from it for the following reasons:
The National Bureau of Insurance Offenses (NICB) has warned that buyers of cloned cars can confiscate their cars.
If you buy a car of this type, you will lose your investment.
If you deliberately buy a cloned car, you could be arrested.
Avoid the second victim of Auto Thief
The thief has already stolen the car from an innocent person. Do not buy it by buying a cloned car. Here are some tips to help you avoid the second victim of the thief:
- Information about the seller
Okay, if you buy a used car from a private seller. But, you must remember that a car thief will never give you your contact information or your work information. So do not forget to ask the private seller to provide the following information:
Fixed address
Phone number
Workplace, etc.
- Vehicle identification number (VIN)
You must make sure that the VIN is safe and intact.
Contact the car department in the country where the car is registered. The Department will verify the VIN and verify that the car is registered with the name of the private seller.
- Name and registration
If a private seller can not provide the name and registration, it is considered a red flag. If he / she is the real owner of the car, he / she must have registration and registration documents.
Also, check that the name and address of the private seller match the information provided in the documentation.
- Laying and insurance
Get information about previous litigation. Also, ask a private seller about insurance. Do not forget to check the information with the lender and the insurance company. If you find a mismatch, it is considered a warning sign.
- Automatic test
The car is a great investment. And if you lose your car, this can be detrimental to your financial situation. Therefore, in order to ensure the full security of your investments, you need to analyze the car in the following ways:
Is the car stolen?
If you have questions about the car, you can use the free VINCheck database available on the NICB website. It will provide you with information about stolen vehicles and rescue vehicles.
Is there a problem with the car?
The vehicle history report will reveal everything about the car. Get a detailed overview of each accident, recovery, name problems, etc.
Call an expert
If you spend a lot of money in a car, it is advisable to get an engineer's opinion. Ask your trusted mechanic so that you can handle this car fairly. This will help you make a practical decision.
Caution is the key
There is nothing wrong with buying a car from a private vendor. This is a great way to buy a cheap car. But if you want to guarantee a stress free purchase process, you can go to an authorized dealer and easily choose your favorite car.
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