buying Car-Selling Platform Facebook Marketplace Is Popular, but Scammers Like It,Too
How To Spot Water Damage on a Flooded Used Car
How To Spot Water Damage on a Flooded Used CarTo make matters worse, the damaged goods continue to wreak havoc on the public beyond the time and location of the event through various methods of fraud and deception. One of the most common examples of this ill will is a flood-damaged vehicle listed for sale as a clean used car by the most unscrupulous of individuals.
- Whether you're using Facebook Marketplace, eBay, or , there are benefits and risks to buying or selling a car. Scams and privacy concerns are high on the list of things to watch out for.
- Facebook, for example, has a billion people using Marketplace, and it relies on automated anti-fraud software as well as around 400 contract workers to police those transactions, according to a new report.
- eBay offers an escrow service and can provide refunds, and Craigslist now requires car sellers to pay for their listing, which has reduced fraud. But it still helps to educate yourself.
It's not easy to keep a billion people following the rules. That's the problem with Facebook Marketplace, which now has that many people on the site buying and selling goods. But success is no excuse for endangering users, which brings us torecent research on the social media giant and how Facebook allowed thousands of listings that break the company's own rules, risking users' safety.
Used car buyers turn to even older vehicles to save a buck amid rising prices
In 2021, most used car buyers are now looking at cars seven years old on average.According to the data, the average age of a used vehicle Americans purchased in the first two quarters of 2020 hovered around 5.8 years old. Year-over-year in 2021, the age jumped to 7 years flat on average. In some metro areas, the average age of vehicles on which shoppers kicked the tires more than doubled. New Orleans, for example, ranked at the top with potential borrowers shopping 16-year-old cars on average this year. More often than not, older cars cost less, and it's clear Americans are looking to turn back the clock to land an affordable car.
Obviously, thousands of people have safely sold their car or truck using sites like Marketplace or eBay or Craigslist. And thousands more will. But not everyone, as a 2015 story from theshows. There, robbers used Craigslist to offer deals on vehicles including a 2011 Honda Accord and a 2007 Dodge Caliber but requested the buyers show up with cash. Then, when they did, the "sellers" instead robbed the interested buyers. Stories like these are not hard to find, and may help encourage sellers and buyers to learn what safety measures are in place—and which actions it makes sense to take on their own—when car dealing online.
ProPublica notes that Facebook uses a few different methods to keep Marketplace safe and reliable. First, there is anti-fraud software to detect scams, but since this isn't the most accurate tech, Facebook also uses around 400 Accenture employees to "respond to user complaints and to review listings flagged by the software," ProPublica said. One of the problems here is that these employees were given access to Facebook Messenger inboxes, which led to them spying on people. A Facebook spokesperson told ProPublica this access has been changed. Another issue is that these 400 workers each need to deal with around 600 complaints or help requests a day, giving them less than a minute to deal with each one. ProPublica published its own guide giving tips toon the Marketplace that's worth a look.
2021 Ford GT quick drive review: Still so special
Ford's GT is no longer the new hotness, but it's an exciting supercar that still turns heads -- especially at Monterey Car Week.Driving the Ford GT is an experience. The dihedral doors don't lift quite as far as I want, making the shimmy into the cabin extremely unglamorous. The seat in this car was clearly designed for someone much taller than me, and while the pedals do move and the steering wheel telescopes slightly, at 5 feet, 8 inches tall, I'm still arms out and legs crunched. (Maybe I should've used a pillow.
Craigslist and eBay, which have been in the classified sales game longer than Facebook, seem to have better security measures in place. eBay offers anand will offer refunds if the sale ends up being fraudulent. Craigslist now also charges people to list a car for sale, and that has lowered the amount of fraud happening on the site, experts told ProPublica.
We put together a list of 10 tips to successfullysix years ago, and the safety components we mentioned, like meeting in a public place, if possible, and creating a paper trail in case anything goes wrong, remain valuable. When it comes to buying a car or truck on Facebook Marketplace, Facebook itself says that shoppers should "take some extra time and care" to better understand the deal and that keeping personal information and yourself safe should be a "top priority." There are similar bits of advice on third-party sites. Home security company to stay safe when selling items on Craigslist (but most of them would work well on other sites as well), including using a proxy email address, trusting your instincts when it comes to meeting potential buyers and making sure the transaction is worth your time. Given the prices of used cars these days, that last one is likely to be a resounding yes, but it's still important to keep in mind.
Harley-Davidson Inc (HOG) Q3 2021 Earnings Call Transcript .
HOG earnings call for the period ending September 26, 2021.Q3 2021 Earnings Call