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Video on Used Car Buyers Rights
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Used Car Buyers Rights
Jerry Christopher
The risk of buying a vehicle with flood damage goes up significantly and
along with high demand and low volume, it is likely the price will also
increase for used cars in the affected market area.
While a vast majority of the vehicles will be considered a "Total Loss" by
insurance companies and scrapped, there are still hundreds if not thousands
that will be back in the market place for resale purposes.
Wholesalers may purchase moderately damaged flood vehicles and sell at
auctions across the country, leaving unsuspecting buyers at risk of
purchasing a vehicle that has been damaged by Katrina.
Water damaged vehicles can be one of the most serious and costly types of
damage. The long-term effects of corroded electronic parts and wiring can be
devastating and almost impossible to correct and repair.
Here are a few tell tale signs and basic tips consumers can take to minimize
the risk of purchasing a vehicle with flood damage.
a.. Unless cleaned up properly, flood damage will leave grass and debris
around the radiator, underneath around the frame, front and rear suspension
components, etc.
b.. Waterlines may be visible in the engine comprtment, rear firewall
area, and even inside door pockets of the door panels and interior trim
areas.
c.. Mildew smell inside due to wet carpeting and padding underneath the
carpet.
d.. Inspect connectors and wiring for signs of corrossion
e.. Rusted bolts and metal components, particularly underneath where water
has been standing.
f.. Inspect for windows fogging up on the inside after the vehicle has sat
overnight, this is an indication that there may be water underneath the
carpet and or carpet padding.
g.. Inspect trunk area for waterlines, corroded connectors and wiring.
With a keen eye and a little knowledge you can minimize the risk of spending
thousands of dollars on a vehicle that has potential long term effects by
water damage.
Usedcarwise.com offers a comprehensive "how to" course designed to educate
the average consumer on protecting themselves when used car shopping.
For more information visit the web site at www.usedcarwise.com or call toll
free 1 866 374 WISE (9473).
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