Now that the historic flood waters from Hurricanes Harvey and Irma have receded, the next flood could be a wave of water-logged cars headed to a used lot near you. And don't be fooled, flood-damaged vehicles sold without disclosing the damage is illegal in most states, but that doesn’t mean it won’t happen. Too often, when an insurance company declares a flood-damaged car a total loss, that information isn’t communicated to potential buyers.
Consumer Reports found that some flood-damaged vehicles are sold with clean titles, meaning a flood-damaged car could easily find its way back into the used-car market. If a car doesn't carry maximum insurance, flood-damage may not be disclosed in the car’s title. Consumer Reports says a mechanic should conduct a thorough inspection, but there are things you can do too.
And although helpful, Consumer Reports says vehicle history reports are no guarantee that a car is problem-free.
If you’re from an area affected by a flood and have a car that wasn’t damaged, be aware that buyers might be wary. Consider having a mechanic inspect your car before you put it up for sale so you can present potential buyers with a clean bill of health.