7 Warning Signs of Scams When Buying a Mercedes-Benz EQS Sedan on Faire

Off-Platform Payment Extortion: Be wary of any seller who insists on conducting the transaction outside of Faire's secure payment system. Requesting payment via wire transfer, cryptocurrency, or personal checks is a significant red flag. Faire's platform offers buyer protection, and deviating from it exposes you to considerable risk.

Inconsistent Price Undercutting: While competitive pricing is normal, an EQS Sedan listed significantly below its market value, without a clear explanation (like high mileage or minor cosmetic damage), is highly suspicious. Scammers often use 'too good to be true' pricing to lure in unsuspecting buyers.

Fake Brand Impersonation: Some scammers may try to pass off a misrepresented or non-genuine vehicle as a true Mercedes-Benz EQS Sedan. Always verify the VIN, check vehicle history reports, and if possible, arrange for a pre-purchase inspection by a trusted mechanic. Be aware of sellers who use generic descriptions or vague details about the car's history.

The 'Unlicensed Resale' Hold (Curbstoning): This involves individuals posing as private sellers but are actually unlicensed dealers. They may try to sell vehicles with hidden problems or incomplete paperwork. Insist on dealing with legitimate sellers who can provide proper documentation and history.

Ghost Tracking Number Fraud: If a seller provides a tracking number that is invalid, never updates, or leads to a different item, it could be a sign of fraud. This is often used in conjunction with off-platform payment requests to create a false sense of security.

Hidden Net-60 Interest Traps: While less common for direct P2P sales, be cautious if any financing or payment terms are presented that seem unusually complex or obscure, especially if they involve deferred payments with hidden interest or fees. Always clarify all payment terms upfront.

Phishing 'Retailer Inquiry' Links: Never click on suspicious links sent via messages, even if they appear to be from Faire or related to a 'retailer inquiry.' These can lead to fake login pages designed to steal your account credentials or personal information. Always navigate to Faire directly through your browser.