Nearly a half million cars were destroyed by two of this past seasons biggest hurricanes, Katrina and Rita. Some of these cars may not have received much apparent damage but they were totaled nevertheless because of water, mud, and debris which flooded engine bays and the interior. Damaged cars are supposed to make their way to the junkyard for scrap, unfortunately some unscrupulous parties are gaining a hold of the vehicle titles and turning around and selling damaged cars to the public. Should you be concerned? Absolutely! Read on to learn more about this problem and what you can do to avoid being stuck with a vehicle that is certain to be a lemon.
Let me just say this: it is not illegal for weekend mechanics to buy a salvaged vehicle, repair it, and sell it to you. What they must disclose to you is this: you are buying a salvaged vehicle. This is where most of the problems begin: the dishonest purveyors are not sharing this information.
Only 22 states require that the titles of flood damaged vehicles [which were totaled by insurers] be stamped with that information. So, if you live in any one of the 28 other states, be extremely cautious about buying any used...
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