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Would you buy a "flood" car?

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Old Sep 13, 2007 | 09:27 PM
  #11  
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There is a reason insurance companies "total" flood cars. They will continue to have problems of all sorts forever. It may not occur at first, but after awhile, components corrode and all sorts of things go bad. These car'* "brains and nervous systems" are the computers and sensors and electrical wiring. They've been exposed to water. They'll start to fail and you will have nothing but a boat anchor. (No pun intended). Don't buy it.
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Old Sep 13, 2007 | 09:31 PM
  #12  
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Pull a carfax on it. That might net you some more information.
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Old Sep 15, 2007 | 12:36 AM
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Yes, I did. My SSEi has a flood salvage title. But I only bought it after some research. I bought it from a friend who is a dealer and bought it at a insurance auction 2 weeks after getting wet. When he bought the car, it had been untouched so we were able to see it in "TRUE" condition. He checked it out and everything was clean, no water in any fluids. He pulled the carpets and the water he squeezed out of the padding was clear and had no odor. The water line was clearly visible just up to the door kick sill. Bottom of the seats never got wet, only the carpets. My wife was an agent for Am Family and they were who insured the car, so I had her call the claims adjuster who totaled the car. Normally, they total a car only after 70% damage, but in this case, they said that there were so many cars affected in the rain storm that they were instructed to total every car with wet carpeting. I talked to the previous owner who confirmed that the water rose only to the door sill and only for a short time. He said he wanted to keep the car, but was told it had to be totaled and come pick up his check. Had he known that the car could be licensed with a salvage title, he would have bought it back himself. It was his wife'* baby and it was well cared for. I have had it for 1 1/2 years now and the only issue I had was when the rack began to leak rusty fluid out of the boots 2 months after I bought it. I figure water was trapped in the boots and the rusting wore out the seals. I found a NOS GM 2K SSEi rack on the web for $150. ($1400.00 new from GM) I love this car and have no regrets at all. I plan on keeping it for the rest of my life. (I actually still have every car I have ever owned) am I'm 40. So, do your research, call the previous owner, the insurance adjuster, and look for a water line. Good Luck.
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Old Sep 15, 2007 | 01:43 AM
  #14  
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We do have some floods on this side of the state... the Grand River goes above it'* banks on occasion. Minor street floods... little stuff.

I'd buy it, but it would have to be a steal. At the asking price, it'* not good enough for me.
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Old Sep 15, 2007 | 03:15 AM
  #15  
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NO!
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Old Sep 15, 2007 | 01:00 PM
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I say do your research first on this car. I saw a report a couple of weeks ago on NBC nightly news about how many flood cars from Katrina are getting on the market. I found this article for you

Beware Katrina salvage cars with ‘washed’ titles
Source: Peter Valdes-Dapena, CNNMoney.com

When a vehicle suffers significant damage, a state Department of Motor Vehicles will usually “brand” its title with a word like “Totaled,” “Flood,” or “Salvage.” Most car buyers would steer clear of such markings. And those interested in such cars would expect a huge discount.

Surprisingly, however, it’* not that hard to clean up a tarnished title. An unscrupulous seller can take a car to a state with less strict rules and get it re-titled. When the car is sold, the title will say nothing about any damage.

A recent study looking at cars that had their titles branded because of flood damage from Hurricane Katrina found that when those cars were re-titled in other states, they got clean titles in 45 percent of cases.

The study was done by Experian, a company that provides vehicle history data for used car buyers, and Carmax, a national used-car retailing chain.

That’* a total of about 7,000 vehicles out of the more than 200,000 that were branded “Salvage” or “Flooded” after Katrina, according to the percentages in the study. (Most “Katrina cars” were never re-titled anywhere else.)
http://www.consumer-action.org/press...washed_titles/


I say just find another car with a clean title
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Old Sep 15, 2007 | 04:50 PM
  #17  
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If you can get it cheaper, go for it, just go through all the wiring and so fourth regrease and just basic maintenance, It was also depend on what area of the states the car is from, Salt water area or freshwater, If it was fresh water you maybe ok, if its salt stay away, Im know expert, on this
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Old Sep 15, 2007 | 04:51 PM
  #18  
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if you could get a REALLY good warranty with it, it would maybe make it a litlle better....
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Old Sep 15, 2007 | 07:21 PM
  #19  
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I dont think you could get a good warranty on a flood titled vehicle. How does the interior look and all??
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Old Sep 15, 2007 | 08:24 PM
  #20  
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You could find other clean titled 2000 SSEis with 125,000 miles or less for $6000 or less too....

I wouldn't get that car unless you got it for a lot less, and you were prepared for some possible issues and could get them 'fixed'.
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