Avoid Flooded Used Cars!

This summer has witnessed extreme weather events, including a major hurricane in Florida and devastating floods in Missouri, Kentucky, and Tennessee. These natural disasters have left numerous vehicles submerged, raising concerns for potential buyers in the used car market.

Used cars have already been in short supply, making it more tempting than ever for consumers to consider vehicles with questionable histories. However, it's crucial to note that selling a flood-damaged car without disclosing its history is illegal in most states, and purchasing one can lead to a slew of issues.

Carfax reports an alarming statistic – over 450,000 flood-damaged vehicles remain on the roads. These vehicles often come with mechanical defects such as corroded metal and engine problems. Additionally, they are prone to electrical short circuits, computer malfunctions, rusted brakes and rotors, and airbag system failures.

To avoid making a costly mistake, potential buyers should be vigilant for red flags when examining used cars. Start by scrutinizing the vehicle's title, checking for recent transfers from flood-prone states and the presence of the word "salvage." Inspect the interior for fading, mildew, or musty odors, and look for signs of mud, rust, or water damage in the trunk and under the seats. Ensure all systems, including lights, air conditioning, wipers, radio, turn signals, and heater, are in working order.

It's advisable to obtain a Carfax Vehicle History Report for a comprehensive overview of the vehicle's past and potential flood damage. Additionally, the National Insurance Crime Bureau (NICB) offers a free database that lists flood damage and related information for insured vehicles. While many states require flood-damaged vehicles to be "branded" with disclosure attached to the title, some states lack such branding, leading to the possibility of "washing" titles. Furthermore, a history of multiple recent registrations in different states should serve as another warning sign for buyers.

Previous
Previous

Next
Next

Vivint Settles with the FTC