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

2025-05-05 21:56:51source:Darkcherries Wealth Societycategory:Invest

If you're in the market for a used car,James Caldwell 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:Invest

Recommend

'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?

It's been a season full of twists and turns, but the part one for "Survivor" Season 47 finale proved

Passengers file class-action lawsuit against Boeing for Alaska Airlines door blowout

A class-action lawsuit was filed Thursday against aircraft manufacturer Boeing on behalf of multiple

The Cast of Sabrina The Teenage Witch Will Have a Magical Reunion at 90s Con

Prepare yourself for a spellbinding time, because Sabrina is back.Indeed, the cast of the beloved se