Should I be careful when purchasing a car through an escrow service from someone outside the US?

Question:
I am looking at purchasing a car from a gentleman in the UK. It is a 2004 Lexus LS 430, which retails for $38K but that he is selling for $6,500. Seems too good to be true. He says he is going through a divorce and just wants to sell it fast. He has it set up through fortis escrow/DAS. He also claims he will give me a 5 day test period upon delivery before making any decision. He says he will pay shipping and return shipping if I don't like it. I'm worried I'm being thrown over. I want to do this through my bank so that hopefully, they will catch any fraud. If anyone has any other suggestions on research I can do or things I should be careful of, please let me know. If this deal is for real, I'm making one hell of a profitable buy. Thanks!

Answers:

For value and practicality, would one recommend a Prius over a Civic Hybrid or vice versa?

Gee, I got the same deal. Is your lexus black and in mint condition. They are probably selling that car 50000 times. My seller is in Cardiff and set it up through Fortis, a foreign escrow service that to my knowledge has no US office nor does business in the retail purchase of cars by consumers. Keep your money.

---

I bought a used car and the previous owner had the title of the car but i payed fully what can i do??

BE CAREFUL. smells like a scam.

Can I knock down the price any on a used car if I pay with cash in full, or would it not matter to the dealer?

If YOU choose the escrow service, and the escrow service is in the US, you have some protection.

What's a good first car??... reasonable price and milage... i really want a soft top.?

If you can find an escrow service that accepts credit card payments, even better.

Can my mom co-sign a car loan for me if I work part-time?

If the seller is in cahoots with the escrow service, you are screwed.

---

I'm ready to purchase a new SUV , but need to find one that last.?

It's a scam, dont do it! If he really wanted to sell it fast and that cheap he wouldn't mess with anyone overseas. If it sounds to good to be true. !?!?!?

---

What will my APR be?

SCAM!

---

More Questions & Answers ...

How can we tell if we're buying a good used car?

Should I get the S2000?

I'm gonna turn 16 next year & Im just askin whats a moderately good fast car, but not a pain with insurance

2007 civic si or used s2000 for same price range?

Which is better for the US economy, buying a Honda made in the US or a Chevy made in Mexico?

What new car should i buy? needs to be a small engine, no more than a 1.4?

When buying used such as an a.t.v. is it buyers beware????

Yes or no??

Do you know anyone that wreck their car and they use all their savings just to buy it?

Are you able to have more than 2 auto loans at the same time?

This article contents is post by this website user, CarQnA.com doesn't promise its accuracy.