Luxury Car Scam Targeting Canadian Buyers

DATE: | News releases

Edmonton—AMVIC, the regulator of motor vehicle sales in Alberta, is warning potential car buyers of another online hoax targeting Canadians.

According to the Ontario Motor Vehicle Industry Council, an Ottawa man nearly sent a $42,500 deposit for a Ferrari to a so-called dealer in Arizona. The man reported to OMVIC that he found a Ferrari F43 on autoTRADER listed for roughly $25,000 less than what the car usually sold for in Canada. He responded to the Montreal phone number but was told the car was now in Phoenix and was directed to a website called Double Eagle Motors. OMVIC says that Arizona authorities confirmed Double Eagle Motors is not licensed or registered and consumers who send money to them should not expect to receive a vehicle.

Laura Lowe, AMVIC’s Communications and Education Manager says that scams are often sophisticated and believable. “Con artists can create elaborate websites with a significant inventory and customer reviews.”

John Bachinski, Executive Director of AMVIC, says Alberta has strong consumer protection laws, but they don’t apply outside the province. “Our investigators can, and do, lay charges that can lead to fines and jail. But consumers need to be extra cautious if they want to buy a car from outside Alberta. Do your homework, research the business and, when in doubt, contact AMVIC for advice.”

Protect Your Investment

Beware of a price that’s significantly below average market price.

Personally view the vehicle—don’t rely on pictures or a convincing website.

Check with AMVIC (or other state/provincial regulators) to ensure the seller is licensed.

Purchase a vehicle history report for the vehicle such as CARFAX/CarProof.

Do not wire money or provide a credit card number without doing all homework and being protected.

Our website also has a simple search tool so consumers can check the name of a dealership, repair shop or salesperson to make sure they are properly licensed.

Media inquiries may be directed to:

Laura Lowe
Manager of Communications and Education
Alberta Motor Vehicle Industry Council
780.468.0476
LLowe@amvic.org