The last two hurricane seasons have been rough for people and vehicles alike. In 2018 alone, between 20,000 to 40,000 vehicles were damaged by Hurricane Florence, mostly in the Carolinas. Another 10,000 vehicles were totaled by Michael. Last year, about 700,000 vehicles were lost to Hurricanes Harvey and Irma. For tens of thousands of people, this has led to rapid car shopping: vehicle buying in a hurry, which can create problems both for buyers and for car dealerships.
It’s not just buyers who need to be aware of fraud that result from rapid car transactions. The FBI’s Internet Crime Complaint Center has reported there are fraudsters and scams at every point of the vehicle buying and selling process.
Read the full article at Cantin Automotive Insider.