Used Car Buyers Beware Of Flood Damages
Hurricane Katrina brings new hazards to the used car market, not
only in the Gulf States region affected by floodwater, but
across the nation as well.
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