Money Watch

Auto Dealers warn about Sandy's flooded cars

Posted: Oct 31, 2012 10:36 PM by Q2 News Staff

The National Automobile Dealers Association warns consumers about possibly purchasing cars damaged in floods from Sandy.
NADA spokesman Bailey Wood says it is often difficult to identify a flood-damaged car.
Wood says that many who try to resell these cars bought at insurance auctions...may have cleaned the vehicle.and removed the flood "brand" from the title.
Wood says reputable dealers do not sell flood damaged vehicles, because of potential problems
Carfax estimates half of the flood-damaged cars may get sold in other states.

Topics: National Automobile Dealers Association, Flooded cars, Superstorm Sandy

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