Posted On: April 2, 2007
Buying a Used Car? Watch for Flood Cars
Thousands of Hurricane Katrina cars are being sold in the used car market. Many vehicles were written off as total losses by the insurance companies. Many have been repaired to a point, but there may be hidden damage. You should carefully inspect (or better yet hire professionals) to check the car before you buy. Look for silt in the spare tire area; take the door apart and look for mud inside the door panel. Before you buy, go to National Insurance Bureau Crime Bureau, which has a list of flood cars by VIN number. (Go to the Theft and Fraud Awareness page).
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