Safe Internet Day: BVRLA warns of bogus car leasing deals
If you’ve seen deals that seem too good to be true on social media, whether via targeted ads or pages you follow, chances are they are, unless you find them on Leasing.com, that is.
To mark Safer Internet Day, the British Vehicle Rental and Leasing Association (BVRLA) is reminding people to be wary of scammers who are promoting bogus vehicle leasing deals online to extract money from unsuspecting customers.
Tell-tale signs often include deals which don’t require a credit check, insist you don’t need a deposit on the lease or ask you to get in touch via direct message to get the deal.
Whereas previously having BVRLA accreditation was one way of ensuring any leasing deal was legitimate, scammers have recently started posing as BVRLA members on Instagram to lure in customers with poor credit ratings or no deposit saved.
BVRLA Chief Executive, Gerry Keaney commented: “We are urging the public to exercise vigilance and think twice before responding to any adverts that offer leased vehicles with no credit checks as its likely to be a scam.
“These criminals are purposely targeting the vulnerable, scamming money from people who can least afford to lose it. Their adverts can appear very convincing with some even posing as BVRLA members and citing membership numbers of legitimate members.
The BVRLA has reported this emerging threat to the authorities and will continue to explore ways of increasing awareness to protect customers and BVRLA members.
As for Leasing.com, we host thousands of offers from dealers, funders and brokers nationwide. We are not a broker. You don’t lease a car from Leasing.com. We are also not a funder. We do not offer or arrange vehicle financing, or provide financial advice.
Our success is built on putting consumers in touch with our advertising partners who can supply the car they are looking for. It’s as simple as that. All our advertisers are regulated by the Financial Conduct Authority (FCA) and advertisers must adhere to the Leasing.com Code of Conduct.
If you come across this scam, report it to Action Fraud quoting the reference: NRC 1808 0249 5417