Beware of flood-damaged vehicles being sold across US. How to protect yourself.

2024-12-25 23:25:35 source:lotradecoin KYC verification process category:Markets

If you're in the market for a used car, be on the lookout for flood-damaged or water-damaged vehicles that may have been cleaned up and put up for sale to unsuspecting buyers.

As many as 347,000 vehicles have been flood-damaged this year because of the hurricane season, according to estimates by CARFAX. Hurricane Milton added as many as 120,000 vehicles in Florida, on top of 138,000 vehicles damaged by Hurricane Helene across several states. And up to 89,000 vehicles were hit with water damage from smaller storms during the summer.

"The images of those cars that are floating on the streets and sitting in high waters, those are typically the type of cars that you would see get sold very cheap to potential scammers," Em Nguyen, director of public relations for CARFAX, told USA TODAY. "Then they would clean it up and try to sell it either nearby, or maybe many states away."

More:Markets

Recommend

Hate crime charges dropped against 12 college students arrested in Maryland assault

SALISBURY, Md. (AP) — Prosecutors have dropped hate crime charges against 12 of the 15 Salisbury Uni

Alaska governor declares disaster following landslide in Ketchikan

Alaska’s governor has declared a disaster following a landslide that prompted an evacuation in the c

The Sweet Detail Justin Bieber Chose for Baby Jack's Debut With Hailey Bieber

When it comes to birth announcements, Justin Bieber and Hailey Bieber nailed theirs with style.The G