Sandy - Buyer Beware

[sailsmen]

American Collectors Policyholders Buying Back Sandy-Damaged Cars

CHERRY HILL, N.J. - American Collectors Insurance reports that 40% of their policyholders who submitted a Hurricane Sandy-related claim are choosing to buy back their damage car as salvage, the agency said in a statement. http://www3.ambest.com/ambv/bestnews/newscontent.aspx?AltSrc=104&RefNum=164100

Salt Water flood is a lot different then fresh water flood.

[lji372]

my local mechanic just told me yesterday his cousin who has a used car lot has spent over a 150k on that junk. and is trying to get him to work on them for resale. i was happy to hear he told his cousin NO!

those cars should have went straight to the autoshredder in my opinion (except our bumpers) :D

[martyo]

At the right price, there are a lot of salvageable vehicles out there.

[GAMike]

At the right price, there are a lot of salvageable vehicles out there.


Not more than $8.00 per car:P

[martyo]

Not more than $8.00 per car:P

If I was still up there and I had the room, I would be a buyer.

[Bigdogjim]

There is a big field of 'em about 20 mies south of me in Columbus, NJ just off I-295.

[lji372]

At the right price, there are a lot of salvageable vehicles out there.

from a saltwater flood for anything other than parts?

[WhatsUpDOHC]

There is a big field of 'em about 20 mies south of me in Columbus, NJ just off I-295.
Road trip!!

[cat in the hat]

from a saltwater flood for anything other than parts?

No joke. We're having enough trouble with brake lines rotting out from the new road salt they're using, much less having half the ocean up in it.

[martyo]

No joke. We're having enough trouble with brake lines rotting out from the new road salt they're using, much less having half the ocean up in it.

Not every car is a marauder....

[cat in the hat]

Not every car is a marauder....

Absolutely - the road salt problem is affecting everything around here. It seems to be especially hard on pick-up trucks.