Cars damaged by Sandy could hit the market

Wednesday, November 7, 2012

Forbes recently warned potential car buyers to pay extra attention when purchasing a vehicle as many damaged or flooded cars from Hurricane Sandy could be cleaned and resold.

Car buyers are encouraged to utilize inspectmyride.com, which provides a thorough inspection of a car, like the one issued to a car after it's returned from a lease. For a small fee, a reputable mechanic will identify problems with that the car that need to be fixed. Current car owners are encouraged to take proactive measures in protecting their vehicles themselves by installing Husky Liners® custom fit floor mats to protect against wear and tear.

Carfax also warned of purchasing a damaged car, as there are more now than there were after Hurricane Katrina hit. Carfax estimates the amount of cars flooded or damaged by Hurricane Sandy has exceeded the amount of cars flooded or damaged by Hurricane Katrina. When all was said and done, Katrina caused more than $25 billion in damage, accounting for the costliest disaster in U.S. history. If Carfax's estimations are correct, Sandy would have destroyed more vehicles than any other single event in U.S. history.

"Carfax already receives information about flood damaged vehicles from every state impacted by Hurricane Sandy," said Larry Gamache, Carfax communications director. "Information about flood damage is reported to Carfax directly from every state DMV, as well as insurance companies, law enforcement organizations, repair facilities, and many other sources."