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The risk of buying a flood-damaged vehicle is significantly increased, in high demand and low sales, as well as the price of used cars in the affected market areas.
Most of the vehicles are considered “total loss” by insurance companies and discarded, but hundreds, if not thousands, are returned to the market for resale.
Wholesalers may buy moderately damaged flood vehicles and sell them at auctions nationwide, and unsuspecting buyers are at risk of buying vehicles damaged by Katrina.
Flooded vehicles can be one of the most serious and costly types of damage. The long-term effects of corroded electronic components and wiring are devastating and almost impossible to fix or repair.
Here are some obvious signs and basic tips that consumers can take to minimize the risk of buying a vehicle damaged by a flood.
Without proper cleanup, flood damage can leave grass and debris around the radiator, around the frame, and around the front and rear suspension components.
Waterlines may appear in the engine compartment, in the rear firewall area, as well as inside the door pockets of door panels and in the internal trim area.
Due to the damp carpet and pads under the carpet, there is a musty odor inside.
Check connectors and wiring for signs of corrosion
Under rusted bolts and metal parts, especially where water collects.
After the vehicle sits overnight, check the inside of the window for cloudiness. This indicates that there may be water under the carpet or carpet padding.
Inspect the trunk area for waterlines, corroded connectors, and wiring.
With a keen eye and a little knowledge, you can minimize the risk of spending thousands of dollars on vehicles that can have long-term consequences from floods.
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