As the saying goes, if it seems too good to be true, it probably is.
The government’s new Cash for Clunkers program has spawned several scams that could put you at risk for losing hard-earned money.
Terry Dunn of the Muskingum Center for Seniors says more than one group of people is at risk.
“Seniors are at risk, but we think everyone could be at risk,” said Dunn. “It’s not a program where you have to register. It’s a program where if you feel like you need to get a new car, you go to the dealership and make a trade and that money will probably be applied to your new car. “
Dunn says if you receive a phone call about cash for clunkers, especially asking for your personal information, hang up the phone.
“It’s always done over the phone,” he said. “Most of these people aren’t strong enough to look you in the eye and try to make a deal. They’ll call them on the phone and say hey, we have the stimulus package and we’d like to get you registered.”
Dunn says if you’re interested in Cash for Clunkers, you should contact the car dealership you want to buy from.
But, if you think you’ve come across a scam, call 1-800-424-9071.