We buy auto paper, sell your buy here pay here auto notes for cash! Get top dollar for your auto paper!

buy-auto-notes

[Auto Bulk Paper]
[Program]
[Contact]
[Information]
[Why Sell]
[The Money]
[Floorplan]
[Sub Prime]
[Links]
[Auto News]
[Articles]
[Lender Payoffs]
[Privacy Policy]
[Sitemap]
[Site Disclaimer]

 

Member

footer_18

Get Top Dollar For Your Auto Paper, Buy Here Pay Here Auto Notes

NADA Offers 10 Tips for Spotting a Flood-Damaged Vehicle

The devastating aftermath of Hurricane Katrina has left a large population of flood-damaged vehicles. The National Automobile Dealers Association (NADA) urges consumers, even in unaffected areas, to remain alert to the possibility that some individuals may attempt to sell or trade flood-damaged used vehicles in the months to come.

“Dealers are very concerned that these affected vehicles could enter the used car market,” said NADA Chairman Jack Kain. “Fortunately, there are steps that car-shoppers can take to detect water damage and protect themselves,” he added.

While there is no sure way to detect vehicle flood damage, NADA offers 10 inspection tips that may be used to detect significant water damage. At a minimum, a prospective buyer should:

Check the vehicle's title history, it may state whether it has sustained flood damage;

Examine the interior and the engine compartment for evidence of water and grit from suspected submersion;

Check for recently shampooed carpet;

Look under the floorboard carpet for water residue or stain marks from evaporated water not related to air-conditioning pan leaks;

Inspect for rusting on the inside of the car and under interior carpeting and visually inspect all interior upholstery and door panels for any evidence of fading;

Check under the dashboard for dried mud and residue, and note any evidence of mold or a musty odor in the upholstery, carpet or trunk;

Check for rust on screws in the console or other areas where the water would normally not reach unless submerged;

Look for mud or grit in alternator crevices, behind wiring harnesses and around the small recesses of starter motors, power steering pumps and relays;

Complete a detailed inspection of the electrical wiring system looking for rusted components, water residue or suspicious corrosion; and

Inspect the undercarriage of other components for evidence of rust and flaking metal that would not normally be associated with late model vehicles.

 

Financial Solutions 2005

[Auto Bulk Paper] [Program] [Contact] [Information] [Why Sell] [The Money] [Floorplan] [Sub Prime] [Links] [Auto News] [Articles] [Here, Pay Here Benchmarks] [BHPH Collection Conference Scheduled for November 14-15, 2004] [Chrysler Recalls Jeeps] [NADA Offers 10 Tips for Spotting a Flood-Damaged Vehicle] [HIGH GASOLINE PRICES PRESSURING USED SUV VALUES] [New Vehicle Dealership Audit Technique Guide 2004 - Chapter 11 - Related Finance Companies (12-2004)] [BUY HERE PAY HERE] [Deciding on a BHPH Model and Determining Capital Needs] [Buy Here Pay Here Collection Academy] [2008 UNDERWRITING] [2007 BUY HERE, PAY HERE YEAR-END REVIEW] [MAKE YOUR INSTALLMENT CONTRACTS SIMPLE] [Lender Payoffs] [Privacy Policy] [Sitemap] [Site Disclaimer]