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Buying a cheap, flood-damaged car might seem appealing since it might not have any visual damage, but the host of issues it could be hiding might cause serious problems.
Flood-damaged cars that are considered a total loss by an insurance company should be re-issued a "salvage" title. This means the vehicle has suffered extensive damage, typically making it unsafe ...
Grosman says flood-damaged vehicles will soon flood the market. “The vehicles, they get flooded. ... Unfortunately, there was a report run on this car, it didn’t show any flood damage ...
Inevitably, thousands and thousands of these cars will be resold to unsuspecting buyers, like the roughly 400,000 flood-damaged cars that Carfax estimates are currently on the road — mostly from ...
In North America, a salvage title is a form of vehicle title branding, which notes that the vehicle has been damaged and/or deemed a total loss by an insurance company that paid a claim on it. The criteria for determining when a salvage title is issued differ considerably by each state, province or territory.
Damage (due to excessive compression and even dilution of the lubricating oil with fuel) can also occur. This condition is known as the engine "flooding out." Possible causes of too much liquid fuel in the engine include a defective carburetor float that is not closing the fuel inlet needle valve, or debris caught in the needle valve preventing ...
Severely damaged vehicle total loss: A vehicle that can be repaired but which would cost more than some predefined amount (often 75–100% of the car's value) to repair. Subject to structural safety inspection before it can be driven; documentation of repairs and sources of repair parts may also be required, depending on jurisdiction.
Mass. officials warn used car buyers to be cautious of flood-damaged vehicles from recent storms. Here are some things to look for.
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