Most flood cars carry a "Salvage" or "Rebuilt" title . This makes them very difficult to finance through traditional banks and even harder to insure. When you eventually try to sell it, the pool of interested buyers will be tiny. How to Inspect a Potential Purchase
Buying a flood-damaged car is the ultimate "high-risk, high-reward" gamble in the automotive world. On paper, it looks like a steal—a late-model luxury SUV or a sporty sedan for 50% to 70% off its market value. But before you sign that title, you need to know exactly what lies beneath the floorboards. The Financial Allure should i buy a flood damaged car
Look for silt or sand in the glovebox, under the spare tire, or inside the light fixtures. Most flood cars carry a "Salvage" or "Rebuilt" title
If you are still leaning toward buying, do not rely on your eyes alone. How to Inspect a Potential Purchase Buying a