Car buyers in the Pacific Northwest should be very cautious
about vehicles with out-of-state titles right now, warns the Oregon Department of Transportation
Hurricane Sandy took a heavy toll on cars and trucks
throughout the Northeast. Now those
damaged vehicles are entering used-car markets around the U.S.
Although flood-damaged vehicles are usually considered a
total loss by insurance companies, they are frequently purchased at auction,
cleaned up and resold to unsuspecting buyers far away. Insurance companies are required to report the
VIN of any total loss vehicle, but it’s very possible that some of the
estimated 230,000 damaged vehicles would be put on the market before the title
is noted – or that the title or VIN has been altered.
Submersion in water does critical damage to the vehicle’s
electronic system, but it can be difficult to detect if the car or truck is
still working and has been thoroughly cleaned.
ODOT issued the following guidelines for car buyers:
ODOT notes that car
buyers who find out later that the seller did not disclose flood damage
information about the vehicle have a hard time getting their money refunded,
and might need to hire a lawyer.
Check out the latest issue of D’Amore Law Group’s Living Safer magazine!