Help us stop fraud ,
While there is no foolproof way to prevent fraud, awareness is the best defense. Please review our tips below, and use your best judgment in all transactions..
Did you know that almost all the large Auctions, Manhiem, Copart and IAAI cater to the international market? They have found a way to navigate the risk associated with international trade while taking advantage of the limitless selling opportunities beyond the American market . Since Borderless strives to bring that buyer directly to your dealership , it is our intention that we do our best to educate the delears on ways to avoid fraud
We get it that dealing with the unfamiliar can be scary.Obviously staying away from overseas transactions is the first choice, but you lessen the chance of coming across a good, honest buyer. The world is becoming one global space, insisting on staying local will hinder your otherwise limitless global outreach.
Caution to Dealers
We recommend the following precautions be taken to avoid pitfalls of the few fraudulent overseas buyers.
As the one selling, you are in control. Always state your preferred method of payment and be suspicious of a payment process that involves too many steps.
- Wire transfers have proved to be the most effective way to receive payment , Word of caution, only accept wire transfers from the actual buyer , While most people are genuine and honest, Accepting transfers from a 3rd party who is not party to the transcation opens your business up to potential fruasterdars.
Allow us to elaborate
We hear about scams like these almost every day on the news, yet someone gets suckered in daily. In an effort to cover their Tracks, so that fraudulent money is not traced directly to them, Predators ask otherwise naive 3rd parties to make payment on their behalf to the dealership . The payment seems legit until the 3rd party realizes they were scammed, they could then reach out to your dealership. Most cases your dealership will be required to refund the money. Now you are out of money and the car has been exported overseas,
How do you Avoid this pitfall,
- Accept money from only parties to the transactions,
- Do not transfer the title of the car to the buyer until their check has cleared or you have otherwise received full payment for your vehicle.
- Only let the experts at Borderless handle the export Process. While the customer ultimately can decide to export their new automobile thru other Freight Forwarders, We strongly recommend you only export cars via the Borderless affiliate platform as we will help navigate an otherwise cumbersome export process ! Our over 20 years of experience enable us to catch for the most part what could have been missed by the dealer .
- Avoid complicated payment schemes:
- Exercise caution with payment processes that involve prepaid debit or gift cards.
When dealing with an international buyer, don’t accept a cashier’s check without contacting the issuing bank. The bank should have a toll-free number that you can call to validate the check’s authenticity. Even after you’ve done this, wait for the check to clear before releasing the vehicle. It may take the bank two to three weeks to verify the check isn’t a fake.
- Note that an online fraud trend involves the fraudster sending you a cashier’s check for more than the purchase amount of your car and asking you to send the difference back to them via wire, gift card or some other means. These cashier’s checks are almost always counterfeit and your bank will hold you liable for all losses incurred.
- Do not rely on the phone number printed on the check; look up the issuing bank’s phone number yourself if you plan to call. The bank can verify the routing number, account number and name on the account. The issuing bank will even verify if there are funds available to cover the designated amount.
When selling a car to a foreign buyer, do not refund an overpayment. No wise person in a foreign country is going to send a check for thousands of dollars to a total stranger without seeing the car that’s for sale. Any serious overseas car buyer will want to make arrangements to have someone inspect your car before they make an offer to buy it.
Use caution if the buyer only wants to communicate via email or text message.
- Be extremely wary if the buyer refuses to or claims he or she cannot talk on the phone.
Keep in mind that borderless and all its shipping affiliates do not own, buy or sell the vehicles listed on our site. We also do not get involved in transactions between buyers and sellers. Any correspondence you have regarding a particular vehicle occurs directly between you and the seller
To Our Borderless Buyers
if you should ever have any questions or complaints about something that seems suspicious, please never hesitate to reach out to the Fraud Prevention Department at firstname.lastname@example.org or email@example.com or Reach us at 678-528-5794 We are here to help!
Remember this cardinal rule – if the deal sounds too good to be true, it probably is.
Keep in mind that borderless and all its shipping affiliates do not own, buy or sell the vehicles listed on our site. We also do not get involved in transactions between buyers and sellers. Any correspondence you have regarding a particular vehicle occurs directly between you and the seller. Therefore We will never ask you to provide personal or financial information via email or any other form of communication. If you receive an unsolicited email that claims to be from borderless, reach out to us to verify it prior to taking any other action. This includes requests for information such as:
- Bank account information
- Credit card information
Borderless only comes in when the transaction with the dealer is complete.All cars directly listed on our page are directly from Licenced and Bonded Dealers , while it is unlikely that you will have fraud Issues , we highly recommend that you use your discretion and extreme caution when when dealing with dealerships
As a General Rule, Borderless only allows licenced dealers to list their cars on the site, however, you must do your own research to ascertain if you want to buy from a specific dealer.
We want to make sure our customers always exercise caution and common sense. Don’t be a victim; help protect yourself from fraud before the sale by learning more about how borderlessvehicles.com operates and by taking the fraud awareness precautions outlined in our advice sections below. If an activity seems suspicious or a transaction seems unbelievably good, it probably is.
- Exercise extreme caution before wiring deposits or payments using Western Union, MoneyGram, PayPal, Bitcoin, escrow services or gift cards.
- If you must wire funds, please make sure you verify the receiving account by contacting the bank directly prior to doing so. Call the bank to ensure the bank account belongs to the said dealer,
- Please be aware that fraudsters may set up fake escrow services in an attempt to deceive consumers. Before you commit to using any escrow service, we recommend researching the service thoroughly online and through the state licensing authority that has licensed the company.
Note that a current online fraud trend involves a fraudulent seller requesting payment via gift cards from popular stores or websites. If you encounter a seller who proposes payment through this method, please cut off all communication with the seller and reach out to firstname.lastname@example.org
Learn about a vehicle’s history:
- Consider purchasing a vehicle history report such as those offered by Carfax. While vehicle history reports do not necessarily include every piece of information about a used car, they can be a helpful tool to identify major issues or defects, general location and more.
- It can be indicative of auto fraud if the seller is unable or unwilling to provide the vehicle identification number or a copy of the title.
Read More Car Shopping and Export Advice
Always be wary of text messages or emails that include links. Fraudsters will often use these links to attempt to bring you to a fake version of the borderlessvehicles.com site. The purpose of this is to obtain your login credentials in order to use your account to post fraudulent listings. If you receive an email that includes links, we recommend taking the following precautions to avoid falling victim to them:
- Check the “from” address to ensure that it is legitimate.
- Hover over the links, but don’t click on them. When hovering over a link you will generally receive a small pop-up message that displays the URL the link will take you to. If this looks suspicious, do not click the link.
- Analyze the greeting and grammar. If the email is vague (e.g., “Hello, Valued Customer”) or the grammar is poor, odds are higher that the email is illegitimate.
While the above auto fraud awareness steps should help bring some protection against phishing scams, there is no way to 100 percent guarantee an email’s legitimacy. Generally, the safest option is to not click on any links and to go directly to borderlessvehicles.com within your web browser. If you ever have any hesitation or think something looks suspicious, please feel free to forward it to email@example.com
In becoming your trusted export adviser when it comes to all the logistics of your vehicle, we want to make sure you are equipped with the knowledge needed to use our site safely. Combating internet fraud is an ongoing process for all companies, and at firstname.lastname@example.org, we take seriously our role in the Borderless automotive marketplace.
Too much emphasis on payment, different companies have different policy