Used Cars In Rocky Mount Nc – When floods continued in Carolina after Hurricane Florence’s heavy rainfall, experts said high water would damage thousands of vehicles. But auto industry analysts say the number of wet vehicles will be far less than about 700,000 damaged by Harvey and Irma Hurricanes in Texas and Florida last year, mostly because there are fewer people and cars along the Carolina coast.
Also, Florence follows the expected path, making evacuation more successful and keeping more vehicles from danger. However, Florence was blamed for at least 37 deaths in three states. Kelley Blue Book Chief Economist Jonathan Smoke estimates that 20,000 to 40,000 vehicles will be damaged or destroyed by Florence, while Anil Goyal, executive vice president of operations in Black Book, tracks sales and value used, predicting 20,000, maybe less. Both are waiting to make a final estimate as the river peak swells Wednesday and Thursday.
Used Cars In Rocky Mount Nc
State Farm, one of the largest US insurance companies, said it had 1,630 auto-related claims from Carolinas on Wednesday. It will definitely rise when flood waters recede and people return to their homes.
Smoke and Goyal said the storm damage would raise the price of used vehicles at least on the East Coast because people replace damaged cars.
“We already have strong demand for used vehicles, especially for used sedans,” said Goyal.
Here are answers to questions about what will happen to a damaged vehicle and how to handle your car after a storm.
Q: SHOULD I START MY CAR IF HAPPENED FLOOD?
A: No, in almost all cases. If the car is only a few inches of water that does not rise past the bottom of the body, then maybe. Water that is higher than that can enter the cable, transmission parts, exhaust or other places. Deeper water can enter the cylinder surrounding the piston. Trying to start the car can bend the parts that connect the piston to the entire drive train, experts say. Oil, gasoline, antifreeze, brake fluid, and other liquids can have water in them which can cause damage if not replaced. Experts recommend pulling the car to the mechanic for inspection.
Q: IF IT IS CORRECTED, WILL MY CAR BE SAFE?
A: Maybe not. Water can damage sensors, electrical connectors, computer chips and cables under the carpet, behind the dashboard or in the engine compartment. It can turn off lights, air bags, ignition, sensors or other important systems. Corrosion can form under cable insulation. Damage may not appear for years.
Q: WHAT IS THE CAR COVERAGE INSURANCE BELOW?
A: Depends on your coverage. If you finance or rent, your creditor may require comprehensive insurance, which usually includes flood damage. But if you have a car directly, or are old and will be more expensive to repair than its value, you can choose not to get comprehensive coverage. In 2013, 78 percent of US insured drivers had comprehensive coverage, according to the Insurance Information Institute.
Q: HOW DO I HANDLE HANDLE HANDLING CARS?
A: After the owner makes a claim, the insurance company will evaluate the damage. Many countries have guidelines for vehicles that are considered as total losses, including the level and type of damage and repair costs. If the insurance company determines the vehicle is a total loss, it will pay the owner – deductible deductible which is usually $ 500 to $ 1,000 – and take the vehicle and the title.
Q: WHERE IS THE CAR BELOW?
A: The insurer will hand the car to an auction or salvage yard. Parts that are not damaged will be saved and many vehicles will be discarded. Some will go to save the auction, said Black Book’s Goyal. Everything that is controlled by the total loss by the insurance company must get a rescue degree. But consumers must be careful. A vehicle that is considered a total loss in one country may not require a rescue degree in another country, experts say.
Q: HOW CAN I AVOID PURCHASE OF VEHICLE VEHICLES?
A: Flooded cars can be sent to other parts of the country or even other countries. To find out where the car came from and if it has a saved title, experts recommend entering a vehicle identification number into a service that searches for car history for loads, such as Autocheck or Carfax. The National Insurance Crime Bureau and Carfax offer free float car checks. Buyers can request to bring the car to the mechanic for inspection. They can also look for signs of flooding, including musty or mildew odors or use of air fresheners that are too strong, color changing carpets or new carpets in old cars, drains in the engine or baggage compartment, fogging inside headlights or taillights, rust or peel the metal under the car, and dirt in an unusual place around the seat. If you see signs, don’t buy a car, experts say.
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