Last post on Jan 09, 2012 at 1:46 PM
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Car Safety, Buying Insurance
Oct 06, 2001 (12:21 am)
Ok for starters it's a 7 year old car for almost $10K, you should be able to buy one RUNNING for the same amount without the hassles of making it go. Even if the is a "deal" the money involved in repairing would be astronomical.
The interior will be shot and have to be replaced all the way to the floor boards, including carpet and door panels, and that is just to get rid of the smell.
Not only do you have to deal with the musty smell and possible mold, but all the other electrical stuff is screwed. It might all work now but the long term durability of components like window motors and such are greatly reduced. The brain, radio and any other electronic component is going to be toast, if not now soon. Water kills solder joints.
The engine probably survived fine, usually just pull the plugs and turn the motor over with the starter, after you replace it. Change the oil, oops I mean water. The tranny is another story, the parts in there do not like water at all. Very costly repair.
In my opinion it would just be a parts car for the engine. Or if you have a wrecked version of the same car it can be a host shell for your stuff. Beyond that I would steer clear of it.
Oct 06, 2001 (8:16 am)
Manufacturers usually junk flood damaged cars and so should you.
Oct 06, 2001 (3:46 pm)
About 4 years ago our institution received a donation of 3 new vehicles damaged from a flash flood in a Montreal compound. There were over 300 there, most in way over the door sills and all written off. Ours had the carpets, rear seats, and assorted interior trim removed. All 3 turned into electrical nightmares and have since been disposed of, unsuitable for use as teaching tools because they were constantly screwing up.
Oct 07, 2001 (10:09 am)
I remember a case of a boatload of Mercedes that were flooded in the hold of a cargo ship. The cars were scrapped but about 6 months later all the VIN numbers started showing up for warranty claims! Of course, they were all denied and the lawsuits flew. Word I heard was that the cars were sold by the scrapper to a firm in Belgium that rebuilt them and sent them back to the US.
You get what you pay for.
#16 of 31 I know that...
Oct 08, 2001 (11:05 pm)
I know when the Mississippi River flooded out everything in it's path that a lot of the cars were totaled out by the insurance companies and sold to salvage yards. Then the yards fixed them up and sold them at auction to used car dealer on the west coast. Tons of lawsuit over that one too.
Oct 09, 2001 (7:03 am)
I wonder how they laundered the titles. Some states allow you to do this, to re-register an out of state car with a salvage title and get a "clean" title.
So if you run a CARFAX and see that your potential purchase made a mysterious trip to New Hampshire or Alabama, you'd best watch out.
#18 of 31 Flood damaged trade in
Oct 29, 2001 (4:01 pm)
How much should a flood damage claim lower the value of my trade-in.
#19 of 31 Flood damaged vehicles
by Karen@Edmunds HOST
Jul 24, 2006 (8:44 am)
Due to the massive flooding and recent hurricanes, this topic has been revived.
Aug 13, 2006 (4:05 am)
is salvage. Flood damage is hidden and long term. It is almost impossible to get a loan on one, and insurance companies are very reluctant to be involved with one. This should set the value on the vehicle....that said there are quite a few dealers near me that offer these cars. I have looked at a few interesting vehicles but never been able to get the dealers to bite at an offer I made. 50% of wholesale value value really ought to be the absolute top value for such a car. The fact they are going for more clearly shows that some sort of underhand title laundering must be going on. If a car is titled in Mass. and then moved over to NH and back a couple of times the title often comes back clean. I would never buy a luxury car at any small used car dealership near the Boston area.
#21 of 31 Re: Salvage [tkfitz]
Aug 14, 2006 (4:53 am)
Many years ago several car dealerships were flooded in the Wilkes-Barre area. I remember seeing pictures of junkyards full of new 1972 Cadillacs, Chevrolets, Chryslers, and Plymouths. Another set of pictures showed a hydraulic crushing machine smashing a new Coupe DeVille with stacks of flattened cars nearby. This is probably the best approach toward flood-damaged cars.