Used Car Market Flooded with Flooded Cars from Katrina
Dec 27, 2006 11:12 Filed in: Business
It is estimated that up to 13,500 vehicles flooded in
Hurricane Katrina have entered the used car market in
other states, many of which have been retitled and do
not reflect that they are salvage vehicles, according to an
article on the web site of the Center for Auto
Safety. The article further listed the
states which do not retain the "salvaged"
notation when titling vehicles from another
state, and Mississippi is one of those states.
In other words, watch out if you are buying a used auto, even from a state far away from New Orleans or the Mississippi Gulf Coast. It is easy nowadays to obtain a VIN check and record summary, and the price of such a report is well-worth the minimal investment
In other words, watch out if you are buying a used auto, even from a state far away from New Orleans or the Mississippi Gulf Coast. It is easy nowadays to obtain a VIN check and record summary, and the price of such a report is well-worth the minimal investment
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