They’re coming – and not around Texas. In a few months many of these doomed cars will start appearing at used car lots nationwide. Harvey has destroyed an estimated 500,000 cars in Houston alone and damaged maybe a million more.
On a positive side note, these cars will have to be replaced. Harvey may, just may, save the automotive industry or, at least, prolong its decline for perhaps a season or a year.
Peters has the lowdown on sedans-turned-submarines and how to avoid owning one:
The cars – many of them brand-new – are declared total losses and the dealership gets compensated by the insurance company. The cars ought to be recycled at this point – or parted out (some parts are still perfectly usable). But because it is not hard – for the expert crooked car seller – to pull out the carpet, dry the obvious things, clean the car up and then (critical) efface any mention of “salvage” or “flood damage” from the car’s title/vehicle history report – and then sell the seemingly near-new/low-miles car far, far away from the source of its swim, he does exactly that.
And this is a ride you do not want to take.
Don’t buy one unless you’re starting a reef. EP Autos.