In the coming months be VERY careful buying a used car. Learn the things to look for that might imply water damage. Avoid cars titled from states like Arkansas, which are popular to ship water damaged cars, do a crappy job of restoration, and then retitle them as new - not salvaged.If you don't know what to look for, educate yourself, and do a used car inspection. $200 well spent - even if you're looking at a $3,000 car. If anything seems out of the ordinary, especially with the title, run, run for your life.What happens is the cars are claimed on insurance, the insurance companies sell them at auction for salvage, companies with no soul buy them, do a half-assed job of restoration, retitle them in states with a new title, and then flood the market with new title used cars. The owner is stuck with odd odors, rusting interior components (that can't be seen) and hardening wiring harnesses that crumble and fail, resulting in endless electrical problems.There are going to be a lot of flood damaged cars hitting the market.
Saw on the news a Lexus car lot that had been flooded. Will they try to sell them as flood recovered vehicles? Wholesale them out to someone who brings them out west to sell? I would be interested if the water didn't get above the floorboards.
Saw on the news a Lexus car lot that had been flooded. Will they try to sell them as flood recovered vehicles? Wholesale them out to someone who brings them out west to sell? I would be interested if the water didn't get above the floorboards. The dealer will insurance claim them. The insurance company will take the cars. They will be sold at auction as salvage. What happens from there...???There was a huge industry post-Katrina to export the salvage titled cars to other countries and sell them there. I suspect a lot full of new Lexii, would be heading to South America or Africa.
The seller will be delighted to have a shopper set his upholstery on fire.
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