I am skeptical of completing a transaction through yahoo finance without seeing the vehicle first. It seems kind of like an ebay transaction, sight unseen. How is this setup and how is the buyer protected?
I am looking to buy a car. The owner says it has to go through Yahoo Finance. What is that, how does it work.?
nope buy locally only. This is most likely a scam.
Reply:Thomas is right. What recourse do you have if the car turns out to be a lemon? How do you know you'd get a free and clear title to the car? Then there are the logistics of getting the car from his place to yours--are you willing to pay airfare to get it? The so-called seller can post any picture on a website but that doesn't mean it's the car you're buying.
If you need a used car, check out the car rental places (like Enterprise)--reasonable, maintained, and low mileage. Also, check with your bank or credit union about repos.
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