Guaranteed Vehicle Brokers
After listing your used vehicle for sale in the classifieds, you receive a call advising you that they have a purchaser for your vehicle. They ask for a fee guaranteeing that the purchaser will pay more than the vehicle is advertised for or they will list your vehicle on their classified site with the promise that if the vehicle is not sold for more within 90 days, you will get your money back.
Your vehicle is not sold, the guarantees are not followed through and you are out of pocket the funds you have given this company.
QUICK TIP: The BBB advises consumers to be wary of brokers who "guarantee" auto sales with prearranged buyers. Ask detailed questions such as: is the buyer specifically interested in your vehicle, rather than a range of similar vehicles? Always understand telemarketing offers and ask for additional documentation. Check to see if the telemarketing company is licensed through Consumer Protection BC at www.bpcpa.ca or 1-888-564-9963.
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