Flood-Damaged Cars From California Likely to Hit Used Market Soon
Recent storms that hammered California have dumped years’ worth of rain on the state, causing widespread flooding, and has prompted warnings that flood-damaged vehicles may hit the used car market soon.
In California, 32 trillion gallons of rain and snow fell since Christmas. The water washed out roads, knocked out power, and created mudslides by soaking wildfire-charred hills. It caused damage in 41 of the state’s 58 counties. At least 21 people have died, officials say.
After recent flooding hit the Los Angeles area this week, Ivan Drury, director of insights for Edmunds, said that cars that have suffered water damage could be quite unsafe even if they don’t appear so on the surface….
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