Beware of Flooded Cars for Sale
Arizona’s Family On Your Side
English - September 27, 2021 00:00 - 14 minutes - 13.4 MB - ★★★★ - 14 ratingsBusiness News News Business arizona advocacy consumer consumerrights finance howto money onyourside scam tips Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Thank goodness Hurricane Ida is behind us, but she left a path of destruction. In fact, Ida left $95 billion worth of damage in Louisiana and surrounding states and much of that destruction was caused to cars.
Unfortunately, many of those water damaged vehicles will be cleaned up and sold to unsuspecting consumers around the nation.
Today we're talking to Patrick Olsen from Carfax. Carfax has access to around 20 billion records for vehicles, and they collect the information from around 100,000 different sources to determine if a car has been in an accident, if the odometer has been rolled back, or in this case, if the car you’re thinking of buying has been waterlogged from a hurricane.
RESOURCES:
https://www.carfax.com/blog/author/patrick-olsen
https://www.instagram.com/CARFAXinc/