Water Damaged Cars In Louisiana

Water Damaged Cars Flooding The Marketplace.

In my capacity as the owner of an import automobile dealer, I am frequently impressed at the levels some wholesalers will go to in order to cover up damages to cars. As any trustworthy reseller will tell you, finding the very best vehicles is not just a matter of knowing what to physically look for, it's likewise a matter of understanding ways to identify title and ownership curiosities. Lately, I have actually observed lots of wholesalers in belongings of cars that were originally offered in the Louisiana and Mississippi areas. For some reason, these automobiles had their titles transferred to wholesalers from states far away. While this isn't totally uncommon, it does raise a red flag when you consider the recent natural catastrophes that have actually occurred on the Gulf Coast.

New Flood Of August 2016

Car dealerships need to know the opportunity for dishonest parties to effectively "launder" the titles of these vehicles. As a result of Hurricane Katrina and now the floods of August 2016, lots of cars were most likely paid for through car insurance claims versus flood issue. These vehicles are finding their way back into the marketplace. While there is nothing inherently incorrect with re-selling a designated flood harmed car, there is something completely wrong with reselling a flood harmed vehicle under the guise of it not having actually been harmed. The next round of flooded cars are being shipped from South Louisiana after this major flood that effected South Louisiana, Texas and Mississippi. Hundreds of thousands of cars have been flooded and many have been renovated to live on again in another area. Many are also headed back to Mexico.

What Is Wrong With These Cars?

Remaining in the market, I have heard both sides of the argument. Numerous wholesalers will inform you that flood broken cars are typically appropriated by insurer as "totaled", when in fact they might have never ever been immersed in water at all. My answer to that is to say that any business which values its clients and strives to maintain integrity and sincerity would never ever offer an item they are not sure of. Simply puts, I'm not willing to take a chance with my company and track record at stake, nor am I willing to gamble with somebody else's money. That's exactly what selling a flood damaged car is: betting with your consumers cash. Many of these cars were towed away by the automobile motor clubs to the scrap yard.

Flood damaged automobiles can have corroded electrical systems that are primed for failure, unseen rust issue, and a variety of other problems that can surface at a later time. My guidance to dealers is to utilize every resource at their disposal to find out the history of the cars they are acquiring and prevent flood broken vehicles, unless you prepare to sell them as such.

 Motor Club America