Quoted: With all the flooding from the hurricane there will be tons of cars sold of as salvage titled cars. What do you guys think of trying to get new vehicle at a cheap price? Anyone ever do this before ? Am I insane ? I'm sure there will be damage to electronic components, and probably replacement of interiors needs to be assumed but I'm thinking the body and frame should be fine. I would guess at a minimum the engine would need to be disassembled and rebuilt or even replaced. What are your thoughts ?
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Steer way clear of flood cars .
Unless you are willing to gut it to a steel shell and replace
inch of wiring and every solid state component , along with
most of the interior . Which on a late model vehicle is better
then 60% of its value .
Back in the early 90's tens of thousands of flood
cars came out of the mid west from the Mississippi
floods , and I had the displeasure of having dozens of them
come through my shop here in the northeast .
Not one of them lasted more then 18 months . Including
an 850 iL BMW that the owner put more then $ 30,000 in
trying to save it .