
Drivers have been warned about four online scams that could cost them hefty sums of money.
Motorists should be aware of fake warnings about late Vehicle Excise Duty (VED) payments as criminals use these scams to lure targets into sharing personal information and bank details.
It comes as Driver & Vehicle Licensing Agency warned about a road tax scam in which scammers pretending to be the DLVA.
There are more motoring scams afoot, so the people of Select Car Leasing have crunched the numbers on four other traps.
Drivers are at risk of losing up to £5,000 if they fall for any one of these scams.
1. ‘Too good to be true’ car insurance deals costing £785
Fraudsters often take the form of fake car insurance providers.
These scammers, known as ghost brokers, sell ‘too good to be true’ car insurance deals to drivers, unaware that they are buying a policy that is completely worthless.
According to the Association of British Insurers, the average cost of car insurance is £485.
Victims of ghost broking could not only be paying this premium, but also a £300 fine when they are penalised for driving an uninsured vehicle.
2. Facebook car adverts
(Image: Getty Images/iStockphoto)
Although Facebook Marketplace is a minefield for purchasing a used car, fraudsters are also using the platform to advertise vehicles at bargain prices to lure in potential…