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Cheaters, combinators and just liars: the end of used stings?

Forgery of licenses, concealment of insurance history, serious accidents, concealment of information, these are just some of the methods of the fraudsters in the used market.

The state refuses to intervene, and the private market offers a solution in the form of a report before buying a car

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• Used car

• Used vehicle

• Second hand

• cheating

• fraud

• Used

• Second hand

Keenan Cohen

Tuesday, 16 November, 2021, 08:17 Updated: 08:26

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The Mercedes car looked like a bargain at first glance, the kind that if you do not rush to get your hands on it will pass to someone else and you will eat your heart out for this miss. She may have started out as a show and demonstration car, but she was certainly well taken care of in her “home” during her life there. It was then bought from the company and is now being offered for sale by its other hand.

The buyer who was interested in the car asked for and also received from the seller the license photo of the car, and when he went to check it out, the business started to smell bad, very bad. First of all the license itself was torn, something that should already be on a red light, probably when it comes to a new car. But more than that - what might have seemed like just a weirdo or coincidence, became more disturbing when it turned out that some of the details needed for the test were licensed instead of tearing. But even from the details that remained in the license, disturbing question marks began to arise - in the clearing house of the insurance companies it was found that the date of entry to the road specified in the license was 27 days after the date of commencement of his insurance. Why suspicious? Mainly because it is unlikely that car insurance will be activated four weeks before it is purchased.

With these red lights, a more thorough examination of the car's insurance history was done, and at the same time this information was cross-referenced with that given to the buyer who was interested in the car.

Here, what started as a suspicion, became a suspicion, turned out to be a scam for everything ... but we will stop here and continue with the story after we understand what brought us to this situation and how we can deal with this phenomenon.

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With enough motivation this car will return to the road to endanger others (Photo: Rescue Union)

The country is dodging, the scammers are celebrating

For a great many people, this story is not an anecdote pointing to a serious buyer in the used car market, but a very unpleasant experience that they eventually found themselves with a car that at best is worth far less than they paid for, and at worst is a ticking bomb and an accident waiting to happen.

With hundreds of thousands of used car deals every year, and too few tools available to the common man, the road is very short for scams, scams, scrap being returned to the road and license forgeries. Ask your immediate environment and you will find at least one with a dubious shopping experience of a used car or at least a deal in an atmosphere of mistrust and innovation.

But there is a company that offers a service that may if not eliminate, or even reduce - at least save you from falling victim to such a scam.

When it combines business intelligence, artificial intelligence and the accessible information revolution of government agencies, it produces a pre-inspection report of the car they want to buy. That these databases are accessible to her - she was the one who had to set up an information portal similar to the American CARFAX service. This revolving door that traps death traps to the road we have already told you before and here too with the time bombs of the "flood cars" moving on the roads.

More on Walla!

Scammers' Paradise: Get to know your car license

To the full article

From the report produced by the company: A list of alerts that emerged from the test and their significance (Photo: screenshot, screenshot of the BlackRC report)

"BlackRC Report" is the name of the company and its acronyms describe very simply what it does - check before buying a car. By gathering information from government bodies such as the Ministry of Transportation, the police, the Ministry of Justice, the Bank of Israel, the Registrar of Pledges and other bodies such as the Execution , Authorized garages, receiver In addition to additional data that weighs the condition of the car being tested with other cuts, from mileage to impairment, car ownership history, maintenance calculator and more - a detailed report is submitted to the interested buyer whose example can be found here, including insights and conclusions, Emphasis for in-depth inspection and if necessary also warnings regarding the car.

In general, a large part of this information is accessible to everyone, the advantage and added value of this report is the ability of the system to combine these sources of information and by techniques that come from cyber, artificial intelligence and big data to combine it with databases and build a kind of "wisdom The masses "that allow for the accuracy of the expectations and forecasts provided by the report.

But even after deducting the part of the contract, which will get better over time, it is still a powerful tool that the average buyer and the emphasis is average and below - there was no access to it before, and certainly not the ability to pack its meanings into an easy and clear summary.

A car that has been declared a loss is "rehabilitated" and sold to innocent customers (Photo: Keinan Cohen, Keinan Cohen)

Behind the company are three, Assaf Pechter (44), Eliran Hayun (29) and Tzachi Desalto (44) who each come from a slightly different field, but together they managed to create a system that knows how to combine their worlds of knowledge and "place" it on used car data.

"In recent years, the bacterium of startups has stuck with me," says Pechter, who arrived after 20 years in the high-tech worlds. Head Start. I really like to take and change traditional industries using an innovative digital product or service and incorporate the wisdom of the masses. It's my love and forte. "The need for a service like the one provided by the company, he recognized from his personal life," I am a car and motoring enthusiast and throughout my adult life I helped dozens of friends and family when they were in the process of buying a car. It connected me excellently with what BlackRC is doing.

Assaf Pechter, CEO of Balker Report (Photo: Shani Nachmias)

Do it first before him

The BlackRC report is not the first company or service that allows you to get data about cars. Various apps and sites offer similar services for free or for free, including those to which you can upload a test report to the vehicle you performed to make it available to other surfers.

With familiarity with the various bodies and enough time and patience you can do some of these tests yourself as well.

Their uniqueness, they claim, is the combination of this data, data from private databases in their possession and those that will not necessarily appear in regular tests, but will be absorbed into their "network" in light of cyber mining methods. this.

Background check for the seller and expected depreciation and maintenance costs (Photo: screenshot, screenshot report of the LKR)

The insights are divided like the report itself into three parts; the seller's own examination - is he in insolvency proceedings, bankruptcy, does he have limited bank accounts, a legal examination, is he registered as a merchant but introduced himself as a private person? Etc. The second part concerns the vehicle examination Foreclosures, liens and liens, registration of impairment or total loss with insurance companies, accidents and insurance claims, checking with the police if the vehicle or parts of it were reported stolen, weighting price lists (Levi Yitzhak and Yad 2) etc. The third part is a kind of summary of the first two with insights, Recommendations and as stated also alerts if abnormalities were found during the test.

At best a financial loss, at best the family is sitting in a car that will become a death trap in an emergency (Photo: Keinan Cohen)

Expenditure or investment?

So the company is called a non-profit report, but it is not a non-profit organization, and the service costs money.

Some?

NIS 149 for a single test and if you are in a process that includes several cars, there is also a "report package" route of three tests for NIS 99 each.

So no matter if it is the Mercedes from the beginning of the article or if it is a car that costs 10,000 shekels, it is a relatively negligible expense to the mental anguish of discovering on your own critical information that has been hidden from you about the car.

During the launch of the service, the company partnered with the "Techno-Test" network of test institutes. As part of this collaboration, LKR customers who order a test will receive a credit for the value of the report to be realized when they approach the test institute with the car. H. returns itself upon performing the physical examination.

Sometimes even the sellers themselves do not know what happened to the car in the previous hand (Photo: Reuven Castro)

Back at Mercedes, in a survey conducted at BlackRC, the buyer said that the seller directed him to a testing institute (a big mistake, only you choose the testing institute - and the seller does not need to know what it is), and the institute stated to him that the car had "minor damage". That's not what reported by the insurance company. They concluded that according to its data the car suffered an accident and subsequent damage of 73,902 dollars. not what you would call a "little damage" "not significant" or one that does not is remarkable.

it turns out that the car was bought by dealer Car owner Land, during his ownership moved the car accident meaningful. as if that were not burned already all the red lights, the vehicle was mortgaged to a person other than the specified license.

if how this story ends sounds like "Happy End" forget it , She's just waiting for the next sucker to fall into the trap,Until the state changes its priorities and puts the small citizen in first place.

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