Scammers are creating Web sites with the names of real auto dealers and offering too-good-to-be-true deals on repossessed cars, according to the Better Business Bureau. People across the country already have lost thousands of dollars by buying nonexistent cars, according to BBB.
For example, Memphis dealership America Auto Sales (www.memphisautoworld.com) received more than 1,000 calls from car shoppers who shopped on a phony site (www.americaautosales.com) thinking it was Memphis dealership's site, according to BBB. Buyers were told to wire a deposit to an individual -- rather than the company -- and pay the balance when the car was delivered. The phony site claimed that this payment method would help the company avoid taxes legally. After paying, several victims called America Auto Sales to arrange delivery of their cars -- and some even showed up at the dealership.
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