Navigating the Post-Hurricane Used Car Market: A Guide to Avoid Flood-Damaged Vehicles
The Aftermath of Hurricane Barry: A Warning for Used Car Buyers
Hurricane Barry, the first hurricane of the 2019 season, brought significant flooding to Louisiana, Mississippi, and Arkansas. As with any natural disaster, the aftermath often sees a surge in the sale of flood-damaged vehicles. The National Insurance Crime Bureau (NICB) has issued a warning to consumers to be vigilant in the coming months as thousands of Barry-damaged vehicles may reappear for sale across the nation.
The Risks of Purchasing Flood-Damaged Vehicles
Flood-damaged vehicles can pose serious risks to buyers. Issues such as electrical malfunctions, mold and mildew, corrosion of various parts, and slippery brakes are common. According to Consumer Reports, corrosion can even affect the car's vital electronics, including airbag controllers. The NICB advises consumers to avoid rushing into purchasing a used vehicle, especially if the price seems too good to be true.
Tips to Avoid Being Scammed
To avoid purchasing a flood-damaged vehicle, the NICB offers several tips. These include looking for signs of water damage such as stains, mildew, sand, or silt under the carpet, floor mats, and dashboard. A strong smell of cleaners and disinfectants can also indicate an attempt to mask mold or odor problems. Additionally, consumers should obtain a vehicle history report and have a trusted mechanic inspect the car's mechanical and electrical components.
In conclusion, the post-hurricane used car market can be fraught with risks. By following the NICB's advice and conducting thorough inspections, consumers can protect themselves from purchasing flood-damaged vehicles.