123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Automobiles >> View Article

Water Damaged Automobiles Flooding The Market

By Author: Shiv Sadhawani
Total Articles: 399

In my capacity as the owner of an import Car dealership, I am often amazed at the levels some wholesalers will go to in order to cover up damages to vehicles. As any reputable reseller will tell you, finding the best vehicles is not only a matter of knowing what to physically look for, it's also a matter of knowing how to spot title and ownership oddities. Lately, I have noticed many wholesalers in possession of autos that were originally sold in the Louisiana and Mississippi areas. For some reason, these vehicles had their titles transferred to wholesalers from states far away. While this isn't completely uncommon, it does raise a red flag when you consider the recent natural disasters that have occurred on the Gulf Coast.

Dealerships need to be aware of the opportunity for unscrupulous parties to effectively "launder" the titles of these vehicles. As a result of Hurricane Katrina, many vehicles were likely paid for via insurance claims against flood damage. These vehicles are finding their way back into the market. While there is nothing inherently wrong with re-selling a designated flood damaged vehicle, there is something entirely wrong with reselling a flood damaged vehicle under the guise of it not having been damaged.

Being in the industry, I have heard both sides of the argument. Many wholesalers will tell you that flood damaged vehicles are often appropriated by insurance companies as "totalled", when in fact they may have never been submerged in water at all. My answer to that is to say that any business which values its customers and strives to maintain integrity and honesty would never sell a product they are unsure of. In other words, I'm not willing to take a chance with my business and reputation at stake, nor am I willing to gamble with someone else's money. That's exactly what selling a flood damaged automobile is: gambling with your customers money.

Flood damaged vehicles can have corroded electrical systems that are primed for failure, unseen rust damage, and a variety of other problems that can surface at a later time. My advice to dealerships is to use every resource at their disposal to find out the history of the cars they are purchasing and avoid flood damaged vehicles, unless you plan to sell them as such.

Kia Forte Sugarland

Kia Rio Sugarland

Kia Soul Sugarland

Shiv Sadhawani
seo@pixionwebdesign.com

Total Views: 61Word Count: 398See All articles From Author

Automobiles Articles

1. Creating A Magnificent Experience Of Luxury Riding-db Luxury Cars
Author: Sophietilley

2. How To Choose Best Auto Repair Gainesville?
Author: Berrisford Smith

3. Here’s The Rundown Of The Supportive Points To Keep Your Car In Good Working Condition
Author: My Tyre Point

4. Driving Experience With Rentarace
Author: Jimmy

5. Useful Traveling Tips For Those Who Wish To Visit Auto Carwash In Sutton Area
Author: Rhys Gibson

6. How Do You Keep Lamborghini Gallardo Up And Running?
Author: Jason Jones

7. Used Cars Make More Sense For Potential Buyers
Author: Ewan Thorpe

8. Gps Tracking Devices For Your Car
Author: carot

9. Things You Most Likely Didn't Know About hunter Motorcycle For Sale In Brisbane
Author: Levi Fysh

10. Uae International Driving License Is A Must For An Adventurous Motorist
Author: Mr. Vince Joe

11. Importance Of Driving Simulators
Author: Eesha Zaveri

12. Benefits Of New Age Learning Technology – Driving Simulators
Author: Eesha Zaveri

13. Know Why Li-ion Batteries Are Preferred Choice In Case Of Electric Scooters
Author: Manisha Nigam

14. Why You Should Hire An Expert To Fix A Dent In Your Car
Author: Gordon Coubrough

15. Lpg Forklifts For Sale In Andhra Pradesh
Author: mahesh


Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: