Hurricane Damaged Vehicles in Used Car Market: NAIC Warns Consumers
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June 14, 2006 | By: | 
Comments (1)I came across an interesting article provided by the NAIC (National Association of Insurance Commissioners) which warned consumers of purchasing flood-damaged vehicles that may have originated from the states that were affected by Hurricanes Katrina and Rita.
According to the warning, thousands of submerged vehicles were abandoned in Louisiana, Mississippi, Alabama, and Texas and were shipped to other parts of the country through car wholesalers. The NAIC warns consumers to take extra precautions to save time and money when buying a used vehicle. They provide five key steps to protecting yourself which is available at:
Used Car Buyers: Beware of Hurricane Flood-Damaged Vehicles
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Comments (1)
Sydney Anderson
June 16, 2006 10:13
My cousin bought a Nissan Sentra that was one of these. She didn't know it until it rained, and the car had that moldy smell to it! Gross!