In the past, we at the Approved Loan Store have advised our readers to stay away from Craigslist car deals that seem too good to be true, and we were sad to hear yet another Craigslist car buying horror story late last week.
WILX, an NBC affiliate in Lansing, Michigan, first reported that car thieves are re-selling cars on Craigslist to unknowing buyers. The sellers are forging car titles to go along with the car and replacing the VINS with fake VINS or scratching it off completely. Oftentimes, the seller insists on dealing in cash and meeting in a parking lot after business hours. This way, the buyer wouldn’t be able to check the VIN with the Secretary of State until after the sale is done.
How can you avoid these scams and make sure you are getting a quality car at affordable terms? First off, it is better to go through a dealership as opposed to through a private seller. Most private sellers are great, and there are reputable private sellers available, but it is riskier than going through a dealership. Second, go through an Approved Loan Store dealership. Our Special Finance Representatives will find you the car you want at the right price, whether you have stellar credit or no credit at all.
If you are ready to get into a new or used car today, fill out our secure online auto loan application here, and get the latest car buying news and tips by liking Approved Loan Store on Facebook, following Approved Loan Store on Twitter, and subscribing to Approved Loan Store on YouTube!

At Approved Loan Store, we want to make your car buying process easier and more pleasant. Unfortunately, there are people who offer car terms that are too good to be true, and we have to deal with the fall-out of disillusioned consumers who fell prey to these scams. That is why we wanted to alert our readers to a recent car buying scam in Westchester. It is our hope that by reporting about this scam, car shoppers in the New York City area will not fall for it and then wind up out of money and without a car.
Since the start of Craigslist, there have been horror stories of scam artists taking advantage of consumers looking for a good deal on an apartment, a stroller, or a car. It is impossible to know exactly what to expect when responding to a Craigslist ad. Sometimes, the poster is a perfectly normal human being who doesn’t want to pay to advertise their used furniture on another website. Other times, the poster is a predator looking for their next victim. Even with these warnings, though, people still use Craigslist in hopes of finding that one great deal, even when it comes to a major purchase like a car. If you needed another reason to stay away from Craigslist’s car ads,
Jalopnik’s weird car listings from Craigslist are always good for a laugh, and yesterday’s bizarre
The price might be right for cars on Craigslist, but car buyers could be putting themselves at risk for hidden problems like missing airbags.
What does it take to make a $700 1995 Pontiac Grand Am into one of the most wanted cars on the internet? Simply make the greatest Craigslist ad ever.