Beware of suspicious buyers

  • The Marketplace Updates: New Bump button: All sellers get 5 bumps daily - May 27 2020 (Post your feedback here: FAQ Help)
Status
Not open for further replies.
Cars for sale

Beware of suspicious buyers

Sep 19, 2012
1
14
503
Kuala Lumpur
This may be the wrong section to post. But this is the only place where personal sellers can see.
I decided to register a new nick to protect my privacy.

The story goes like -

On reflection, this is my take -

You post a car for sale on mudah/zerotohundred.


1. The buyers were never geniune buyers. They scout around in Mudah to seek a potential strike on personal sellers, unlike the garage dealers

2. The setup was simple. Target the victim, get to meet him up. The younger, the better.

3. Tie the seller down with a nominal deposit. That seals the contract, so to speak, to commit the seller.

4. Stall the deal to pretend saying the true buyer is coming to conclude the deal later. That they came from far is nonsensical.

5. At the meetup place, they would come up with all the excuses not to finalise for the fault of the seller.

6. And they allege and claim there was misrepresentation. They threatened Seller for his age and inexperience.

7. It's line, hook and sinker. They set up the bait and lure the victim. And they demand unreasonable compensation to negotiate a deal for settlement.

8. Then they threaten to lodge a Polis report. In this case, they were probably surprised we were prepared to do so too.

9. Being aware they could no longer gain any monetary advantage, they left the matter to the Polis to pressure Seller.

10. In a different scenerio, the victim would be frightened and succumb to their demand. And they would get away with a few thousand K to fleece the victim.

11. The Polis may or may not be their sidekicks. In any case, they would be inclined to take some seemingly action to do their work.

12. So placing Seller under remand overnight is the only option. In any case, they need to release him the next day even without pressing any charge. Cos there's just no proper charge to sustain.

13. Worse situation if this happens during a Friday. The victim would be held in custody for the weekend (Friday, Saturday,& Sunday) until Monday.

14. The best lawyer in town would not be able to do anything. That's within their prerogative and investigation power.

15. Please remind all Private Seller how this works out. A bitter lesson to make one wiser.

16. Foremost, try get to know whom you could be dealing with. If it smells and stinks, abort the deal early.
 

mADmAN

Senior Member
Senior Member

mADmAN

Senior Member
Senior Member
Aug 5, 2004
1,840
547
3,213
agree with dre42.

and thanks for the heads up!
 

gOOsebeRRy

Known Member

gOOsebeRRy

Known Member
Jun 22, 2011
69
6
508
Perak
i had read it over and over again for 3 times... but i still could not understand....
unclear circumstance, why the seller had to go to the police station?
 

nicky5

Known Member
Senior Member

nicky5

Known Member
Senior Member
Jan 20, 2004
54
3
3,008
ipoh ..
You sell car, post online, A call, meet and seal rm300 say want to book. Then tell u real buyer is B will come buy. Then will say you never sell car properly, not mention real spec, or simply say you never tell properly all info, like tyre thread not new, old side mirror or engine leaking as to make you feel like no experience and thought is your fault. Then ask for compensation on their time wasted to come for this deal. If report police then they tell police you not honest and try to cheat their money. You might be scared and pay them extra money as close case deal. Car not sell yet but your pocket forked out compensation. Happy ending for villians
 

Phantom_Scarab

Senior Member
Senior Member

Phantom_Scarab

Senior Member
Senior Member
Nov 15, 2003
353
4
3,018
KLIA
How can be? Can say as basis....this is not farking brand new car....

But if it happens to a young newbie seller....i believe...

In other scenario....they would just steal yr car during test drive....

But when you mention police case.....just farking report to Bkt Aman lor if that policeman farking involve...

2cents
 

Supra_Fanatics

Beyond 20,000 RPM!
Senior Member

Supra_Fanatics

Beyond 20,000 RPM!
Senior Member
Sep 17, 2008
20,674
3,998
1,713
Thanks for the heads up but I don't see how seller is guilty in this case. After accepting deposit, the deposit is void if passed certain period of time set to settle the deal.

Like 2 weeks time to settle the loan and ownership transfer. If buyer couldnt get loan, the deposit is burnt.

I don't think they can report to police and said we cheated them right? Just don't make sense.
 

ravingill

500 RPM
Senior Member

ravingill

500 RPM
Senior Member
May 29, 2006
795
15
1,518
Kuala Lumpur
www.facebook.com
Prepare a contract, no police , lawyer or court can touch you.

Steps how to prepare contract-
Please make sure , name , number , ic number, signature of both buyer and seller is there.

Please state vehicle brand , model, color and condition overall.

and most important, state deposit is non-refundable if buyer cancel the sale or any irregularities found. Also state that buyer has agreed to purchase vehicle after close inspection. This statement is very powerful to defend against buyers who talk rubbish after deposit.

How to Write a Contract for Selling a Car (with Sample Forms)

Sample of contract - Sample Used Car Sale Contract - wikiHow

With this you are safe and guarded.
 
Status
Not open for further replies.