Thousands of vehicles are expected to be disbursed around the country and could possibly appear as a ready to sell used vehicle, when in fact, they could be damaged goods.
Flood-damaged vehicles for the most part are worth about 40 percent less than the actual book value, the amount a non-damaged vehicle usually sells for on the used car market.
So, to ensure that you’re not left holding the bag, paying too much for a flood-damaged vehicle or to literally steer clear of a flood-damaged vehicle, here are several tips to help navigate the inspection process. In fact, this process is useful for any used car purchase, not just flood-damaged vehicles.
Source: Tips Provided By JeffCars.com and SiriusXM's "Auto Trends with JeffCars.com."