buying: How to Avoid Getting Soaked by a Flood-Damaged Vehicle - - PressFrom - US
  •   
  •   
  •   

buyingHow to Avoid Getting Soaked by a Flood-Damaged Vehicle

17:31  12 august  2019
17:31  12 august  2019 Source:   moneytalksnews.com

How to Avoid Car-Buying Fees

How to Avoid Car-Buying Fees Purchasing a new car is stressful enough, so it helps to go into a showroom knowing which of the charges that show up on your bill are unavoidable, which can be negotiated, and which you can skip altogether. And remember: You have the power to walk out and shop somewhere else. That’s what CR member Ron Martinson of Falls Church, Va., says he did: “I told [the salesperson] that he got one chance to give me his final/best offer, and that there would be no ‘add-ons’ except for government charges/taxes. He lost the deal.

A flood - damaged car may look decent on the outside but could be rusting from the inside, setting a buyer up for major costly repairs. To avoid purchasing a flood - damaged vehicle , have it examined by a trusted mechanic. For tips on that, check out “11 Keys to Finding a Car Mechanic You Can Trust.”

Hurricane Harvey’s rains could end up destroying 500,000 cars, according to an analysis by Cox Automotive. A flood - damaged car may look decent on the outside but could be rusting from the inside, setting a buyer up for major costly repairs. “Unfortunately, natural disasters bring out dishonest salvage.

Each year, cars across the U.S. suffer flooding damage ranging from mild to severe. Some of these autos inevitably end up on the open market.

How to Avoid Getting Soaked by a Flood-Damaged Vehicle© Bart Sadowski / Shutterstock.com shutterstock_506444647

So, buyer beware: The last thing you want is to end up with a water-logged ride.

Fortunately, learning the signs of flood damage — some are obvious and some are not at all — can help you avoid being suckered into buying a vehicle that appears fine but is actually at the end of the road. A flood-damaged car may look decent on the outside but could be rusting from the inside, setting a buyer up for major costly repairs.

It's not the usual blah, blah, blah. Click here to sign up for our free newsletter.

How I Was Scammed When I Bought My First Car

How I Was Scammed When I Bought My First Car Learn from this woman's bad car-buying experience.

Carfax offers a free flood damage check, based partly on where the car has previously been registered. Use the National Motor Vehicle Title Information System to check a vehicle 's history. 3. Get a pre-purchase inspection from a trusted mechanic. Hire a mechanic to check out the car.

To avoid purchasing a flood - damaged vehicle , the first thing you should do is have it examined by a trusted mechanic. (For tips on that, check out 13 Steps to Flood - damaged vehicles are supposed to be reported. If the vehicle you want is deemed flood - damaged , it should appear when you order a

How to spot a flood-damaged vehicle

To avoid purchasing a flood-damaged vehicle, have it examined by a trusted mechanic. For tips on that, check out “11 Keys to Finding a Car Mechanic You Can Trust.”

The next thing to do is order a vehicle identification number (VIN) check, according to DMV.org, a privately owned website not affiliated with any government entity.

Flood-damaged vehicles are supposed to be reported. If the vehicle you want is deemed flood-damaged, it should appear when you order a vehicle history report, also known as a VIN check or VIN report.

Fire Damaged 1970 Road Runner Superbird Has $59K Valuation

Fire Damaged 1970 Road Runner Superbird Has $59K Valuation This was once a ‘hot’ Mopar, now it’s just well-done - would you pay big bucks for this burned up Superbird? require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); The 1970 Plymouth Road Runner Superbird is a high-grossing muscle car from the prime era of the genre - meaning, owning one today could be quite the investment. However, collectors looking to save some money up front, and don’t mind a massively involved restoration project, might want to check this unusual listing on Copart out.

Flood - damaged cars can have serious issues and sometimes show up in the used-car market. Avoid potential heartache by using these 11 tips to help you spot and avoid a flood damaged Water inside a head or taillight isn't necessarily a sign of flooding. Sometimes they leak or get condensation inside.

Many of the cars and trucks damaged in floods wind up for sale online, or even in used car lots. Here’s how to avoid getting soaked by buying a vehicle It’s up to you to do your own due diligence, and the best way is to have your vehicle inspected by an independent mechanic you trust before you sign

Related: The Shortest Path to an Amazing Retirement

Another precaution is to check the status of the title, according to the Federal Trade Commission.

“A ‘salvage title’ means the car was declared a total loss by an insurance company because of a serious accident or some other problems. A ‘flood title’ means the car has damage from sitting in water deep enough to fill the engine compartment. The title status is part of a vehicle history report.”

There also are visible warning signs that might indicate the vehicle has been in a flood, says DMV.org. These include:

  • Upholstery in a used vehicle that doesn’t match the carpeting.
  • Rust in places like door hinges and trunk latches.
  • Rust under the gas and brake pedals.
  • Silt or mud under the seats or in the glove compartment.
  • Wet floor carpeting.
  • A musty or moldy smell inside the vehicle, or the smell of cleaning agents and car fresheners trying to mask the mold.
  • Brittle wires underneath the dashboard, which could mean they have been wet and then dried out. Reach down there to make sure the wires are pliable.
  • Malfunctioning electronics or accessories. Turn on the ignition and make sure all dashboard warning and accessories work properly. Test the air conditioning, heater, windshield wipers, radio and turn signals several times.
  • VIN inconsistencies. Make sure the VIN on the dashboard matches the VIN on the door jamb.

Finally, if you see something fishy, say something.

Car insurance that covers 12 common mishaps and accidents

Car insurance that covers 12 common mishaps and accidents Do you know how your coverage helps pay for damage to your vehicle?

Numerous sources report flood and damage information to such services, including insurance companies and state Departments of Motor Vehicles . If you suspect there’s been some degree of water damage , we’d suggest walking away from the deal, no matter how attractive the asking price

Consumer Reports has tips on how to avoid being sunk by buying a used flood car. Consumer Reports' chief mechanic, John Ibbotson, says to avoid vehicles with signs of deep water exposure "even if a vehicle looks acceptable and may be working when How to Spot a Flood - Damaged Car.

“If a dealer fraudulently tries to sell you a flood-damaged car, they’re breaking the law. Report them,” says Money Talks News founder Stacy Johnson.

If you suspect a dealer is knowingly selling a storm-damaged car or a salvaged vehicle as a good-condition used car, contact your auto insurance company or local law enforcement agency. Or, call the National Insurance Crime Bureau (NICB). You’ll help someone else avoid a rip-off.

Do you have more tips for avoiding purchasing a water-damaged clunker? Share them on our Facebook page.

5 Keys to Selling Your Car for the Highest Price Possible
5 Keys to Making Your Car Last for 200,000 Miles
36 Things That Will Soon Be Obsolete

Read More

Here's how to take over an auto lease .
Here’s how to get a lease takeover and some things to consider before you do. What is a lease takeoverA lease takeover is an agreement in which you assume someone else’s lease. This is a formal transfer that requires the leasing company to approve your credit. Once you’re approved, the lease is transferred into your name, and the car is your responsibility for the remainder of the lease.There are times, however, when the original lessee isn’t entirely removed from the lease.

—   Share news in the SOC. Networks

Topical videos:

usr: 0
This is interesting!