One thing about car thieves, they will make all the necessary modifications to stolen cars to avoid being caught. Unfortunately, the robbers who had stolen a 2007 Cadillac Escalade were not so lucky. Originally stolen last February 1, 2008, special agents and the NICB had recovered the said vehicle but this time sporting a new look, a stretched limo look!
Apparently this transformation went under a complicated process. In fact, it was manufactured by a limo company, unsuspecting that the car they are transforming was actually stolen. It eventually landed in the hands of a businessman in Texas which was sold for $125,000. A vehicle identification number actually gave it away.
“Consumers need to exercise sound judgment when buying used vehicles from private parties or online services,” said Joe Wehrle, NICB president and chief executive officer. “In this case an innocent purchaser may be out thousands of dollars as a result of this transaction. So, if in doubt, check it out carefully before you hand over the cash.”
This quote may seem contradicting to the rampant push for online car buying. If this is one of the thing that they will encounter, it will severely affect the business intent of online car sellers for sure.
(Source) Press
Tags: 2007 cadillac escalade, business intent, businessman, Cadillac, car thieves, chief executive officer, doubt, limo company, necessary modifications, nicb, online car sellers, private parties, purchaser, robbers, sound judgment, thousands of dollars, transformation, vehicle identification number, wehrle