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09-08-2017 01:24 PM
09-08-2017 01:30 PM
I don't know but I would be very leery of buying a car, new or used, in the near future after these storms.
09-08-2017 01:37 PM
get sold on the cheap at car auctions. Resold to folks who can't afford bank loans or have cash. 'Lemons'.
09-08-2017 01:47 PM
Oh how true - - I know first hand. Helped friends with downpayment on preowned vehicle - like $2K. This van looked perfect and ran very well and female owner just loved the it........until State Police knocked on their door. This van had traveled more in 6 months than you do in 5 years - went from state to state and finally landed at a dubious dealer in their hometown - and put on the lot for sale. Mileage had been changed - perhaps the VIN number messed with - this couple had to turn it over as evidence or whatever. This dealer is STILL in business and just got nailed for running used oil (change) through a garden hose and down a hill behind his car lot. BUT - he is still in operation. This happened following floods in KY area.
09-08-2017 01:56 PM
"... keep your eyes out for flood-repaired vehicles that will be showing up on the market shortly" really doesn't help people know how to spot those vehicles that fly under the reporting radar, mainly paid-off and uninsured or underinsured vehicles.
Some mention of Carfax or similar services that can provide an ownership history of the vehicle would be helpful. Relying on a Carfax produced by the seller is unwise, since there are stories of them being altered.
I wouldn't buy a vehicle that had lived in Texas, Florida, Louisiana, or other flood-affected states, or the southwestern states, because of the sun and heat damage. I'd also steer clear of coastal locations because of saltwater, and would be cautious buying a car that had lived in a state that brines the roads in winter, which corrodes the undercarriage, or at least have a meticulous pre-purchase inspection by my mechanic.
I'm sure there are other issues that would send up red flags, but those are the ones I know that make Carfax a good investment.
09-08-2017 02:00 PM
I would think a good mechanic could do a though check of a car prior to purchase and see if it was a flood vehicle or not.
09-08-2017 02:02 PM
Wasn't there a thread about this?
09-08-2017 02:19 PM
Before we knew anything about Sandy, we had planned to buy a new car around Black Friday that year.
Needless to say, we did not.
09-08-2017 02:19 PM
The VIN will tell you where the car has been even if it had been in another state.
You have to do your homework. I agree if using Carfax do it on your own; do not accept a report from a seller.
Also I believe the bulk of these cars go to scrap for parts.
09-08-2017 02:22 PM
@SeaMaiden wrote:I would think a good mechanic could do a though check of a car prior to purchase and see if it was a flood vehicle or not.
it isnt always that easy to determine.
a bunch of these cars with minor flooding issues will most likely end up at the wholesale dealer auctions and selling very cheaply. they will then get put onto a used car lot and sold.
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