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How to avoid buying a water-damaged car Advertiser Disclosure Advertiser Disclosure We are an independent, advertising-supported comparison service. Our aim is to assist you make better financial choices by providing you with interactive tools and financial calculators, publishing original and objective content. We also allow users to conduct research and compare information for free to help you make sound financial decisions. Bankrate has agreements with issuers such as, but not limited to American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Earn money The products that are advertised on this site come from companies who pay us. This compensation could affect how and when products are featured on the site, such as, for example, the order in which they may be listed within the categories of listing in the event that they are not permitted by law for our loan products, such as mortgages and home equity and other products for home loans. This compensation, however, does affect the content we publish or the reviews you read on this site. We do not contain the entire universe of businesses or financial offers that may be available to you. Luis Diaz devesa/Getty Images
5 min read Published June 22, 2022
Written by Mia Taylor Written by Contributing Writer Mia Taylor is a contributor to Bankrate and an award-winning journalist who has two decades of experience and worked as a staff reporter or contributor for some of the nation's leading newspapers and websites including The Atlanta Journal-Constitution, the San Diego Union-Tribune, TheStreet, MSN and Credit.com. The article was edited by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate since late 2021. They are passionate about helping readers gain confidence to take control of their finances with clear, well-researched information that breaks down otherwise complex topics into manageable bites. The Bankrate promises
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At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity ,
this post may contain some references to products offered by our partners. Here's how we make money . The Bankrate promise
Established in 1976, Bankrate has a long track history of helping people make wise financial decisions.
We've earned this name for more than four decades through simplifying the process of financial decision-making
process and giving people confidence about the actions they should do next. process and gives people confidence in the next step.
So you can be sure you can trust us to put your needs first. All of our content was authored by and edited by ,
who ensure everything we publish will ensure that our content is reliable, honest and reliable. The loans reporters and editors are focused on the areas that consumers are concerned about the most -- the various kinds of loans available as well as the best rates, the most reliable lenders, how to repay debt, and many more. This means you can feel confident when making your decision to invest your money. Integrity of the editing
Bankrate follows a strict and rigorous policy, so you can rest assured that we're putting your interests first. Our award-winning editors, reporters and editors provide honest and trustworthy content that will help you make the right financial decisions. The key principles We value your trust. Our aim is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure this happens. Our editors and reporters thoroughly fact-check editorial content to ensure that the information you're reading is correct. We have a strict separation with our advertising partners and the editorial team. Our editorial team doesn't receive compensation directly by our advertising partners. Editorial Independence Bankrate's editorial staff writes in the name of YOU - the reader. Our goal is to give you the best advice that will help you make smart personal finance decisions. We adhere to strict guidelines in order for ensuring that editorial content isn't influenced by advertisers. Our editorial team receives no any compensation directly from advertisers and all of our content is fact-checked to ensure accuracy. Therefore, whether you're reading an article or a review, you can trust that you're getting credible and dependable information. How we make money
If you have questions about money. Bankrate can help. Our experts have helped you understand your money for more than four decades. We are constantly striving to provide consumers with the expert guidance and the tools necessary to be successful throughout their financial journey. Bankrate adheres to a strict code of conduct standard of conduct, so you can rest assured that our content is truthful and reliable. Our award-winning editors and journalists create honest and accurate content to help you make the right financial decisions. Our content produced by our editorial team is objective, truthful, and not influenced from our advertising. We're honest about the ways we're in a position to provide quality content, competitive rates, and helpful tools to our customers by describing how we earn money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for the promotion of sponsored goods or services, or by you clicking on specific links that are posted on our website. So, this compensation can impact how, where and in what order the products are listed within categories, unless the law prohibits it regarding our mortgages, home equity and other home lending products. Other factors, such as our own proprietary website rules and whether or not a product is available within your area or at your self-selected credit score range may also influence the way and place products are listed on this site. While we strive to provide the most diverse selection of products, Bankrate does not include details about every credit or financial product or service. Auto buyers across the country can experience the aftereffects of devastating floods by knowingly buying damaged cars. New and used vehicles damaged by major flood events, like the Hurricane Ida in 2021, can find their way to the market following the storm. Carfax data shows that as high as 212,000 vehicles might be damaged due to the hurricane Ida. If flood-damaged cars are sold, unsuspecting buyers often face costly electrical and mechanical issues which surface after a few months. Even if you're not in an area where flooding is common you can still inadvertently buy a vehicle that has water damage. Carfax research shows that vehicles that have been damaged by water are present everywhere, which means that buyers from coast to coastline are in danger of buying an affected car due to flooding. How do you tell if an automobile is damaged by water? Damaged cars from water can be difficult to recognize. They usually look good and can even run smoothly for a while. But eventually, you are likely to encounter issues as cars that have been flooded rot from the inside out. Here are a few signs that a car may be damaged by water smell musty the interior of water damaged vehicles will usually smell musty. Some sellers will try to mask the smell with strong air fresheners, however it isn't easy to rid a car of a smelly moldy smell. One way to test how a car smells is to lie inside and close the windows. Carpets that are damp or moist: Water damage can collect in places you don't immediately be able to see, like under carpeting. Take a look at the carpets in the car, and rub them in order to find any moisture that could be accumulating. Check the trunk as well taking off the spare tire to look for any evidence of water under it. Stained or mismatched upholstery and carpeting: Another indication of water damage is a vehicle with loose or stained carpeting and upholstery. Check for brown, blotchy staining, which is a sign for water-related damage. In the course of inspections, compare flooring carpeting with the upholstery on the doors and the roof. The carpets should all appear to be of similar in age and color. Rust: A vehicle that has water damage could have rust around the doors, in the hood or even under the dashboard. Screws, door hinges or trunk latches as well as handles for doors could also show signs of rusting. Brittle wires: Check under the dashboard if you believe that your vehicle may be suffering from water damage. Brittle wires could indicate that the vehicle has been impacted by any water-related event or other type. Fog or moisture beads: If a vehicle's interior lights and instrument panel, as well as exterior lights appear dim or have water beads within the lights, it could be an indication that the vehicle could be suffering from water damage. Silt or mud buildup: During flood events specifically, water can carry mud and dirt into vehicles. After the flood has gone but the dirt remains. Some areas to look for silt and mud are the glove compartment, trunk and under the dashboard and under the seats. 4 ways to avoid buying the car that has been flooded. If you suspect that your car may be flooded or be damaged by flooding or water it is important to do the research to determine whether your suspicions are right. There are a variety of tools available to assist you in getting to the root of this vital issue, and also warning signs to look out for. 1. Conduct a car history check A vehicle history report can help uncover issues with a car before you make a purchase. The most obvious sign of a water-damaged car is one that is identified as such. Departments of motor vehicles require permanent title marks for vehicles that have been badly destroyed by floods. If the car was declared to be totally damaged, it is expected to receive a new title entirely which is labelled "salvage" as well as "flood." Based on the stateof the vehicle the fact that this happened could be made clear by a numerical code. Carfax and Experian have flood check tools that allow users to conduct an uncostly check of the background of a vehicle. They require details about the VIN of the car that is being investigated. If you are looking over a car's past, keep your eye out for vehicles that are from areas hit by the floods. There is a National Insurance Crime Bureau also offers free online VIN checks that allow consumers to find out whether the vehicle has been declared salvaged. You should check a car's historical report to determine if the car was sold numerous times in an extremely short time. Be wary of a history that involves buyers from multiple states. This could be an indication of what's known as "title washing," in which unscrupulous sellers change the title of the car several times to conceal its history. 2. Look for evidence of water damage Cars that are submerged by water usually have telltale signs, but they may be subtle, especially if the car was cleaned prior to sale. Take note of the smell of mold or musty such as those emanating from the climate control system. Be aware of any stains that show up on the car's interior, engine compartment and trunk. Sand, dirt or mud in odd places and seat belts that make a loud noise when extended or pulled back are all indicators of damage from water. It's also crucial to test drive a vehicle in particular, particularly one that may have water or flood damage. Hints to watch out for while you're driving include damaged electrical systems and infotainment systems. These systems will act up if they have been affected by water. Also, be on the lookout for signs of smoke while you test drive. 3. Be wary of cars that are priced below market value. There's a reason behind the adage about things being too excellent to be real. It's the case with cars that are priced well below their worth, and this can be an indication that something is not right. Find the average selling price for the car you are considering buying through independent price sites for vehicles such as Edmunds as well as Autotrader. A new or used car that is priced lower than market value is a clear sign that the seller is looking to sell it. Buyers should tread cautiously when a car is listed for a significant discount. In addition to asking questions about the reason the vehicle is being sold for much less than it ought to be and why it is an excellent idea to have the car examined by a professional who will find any issues. 4. Get a professional inspection It's generally a wise idea employ a certified mechanic or automotive technician to thoroughly inspect a car prior to you purchase it, but it's even more critical to perform this procedure in order to protect yourself from damage caused by water on your vehicle. An expert can calm your mind, especially when the vehicle you're contemplating buying has one or more of the warning signs mentioned here. Check that the inspection doesn't only include obvious signs of water damage, but also a thorough test of the electronic equipment, as problems in these systems could last for months before they become apparent. While a pre-purchase inspection will typically have to be paid for by the buyer, it's an investment if it prevents you from getting the car that's a lemon. It is possible to pay from $100 to $200 for an inspection. What to do if you bought a water-damaged car If you've bought a car with water damage, all may never be destroyed. It is possible to repair the car with a skilled mechanic. But remember, these aren't DIY repairs. They will require an expert with a vast understanding of automobiles. It is also important to keep in mind that fixing damaged vehicles after flooding will not cost a lot, so you'll have to figure out if it's worth the investment. In particular, since flood-damaged vehicles typically have no potential for resales. The bottom line is that flood-damaged vehicles are utilized throughout the country. If you think that a vehicle may have been impacted by flooding or another type of water event there are steps you need to follow, such as obtaining a vehicle history report, looking for signs of water damage and having the vehicle checked by a qualified professional. Be aware that even if you do not reside in an area that has been affected through flooding you may unknowingly end up with a damaged or damaged vehicle. Learn more
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Written by Contributing Writer Mia Taylor is a contributor to Bankrate and an award-winning journalist who has two decades of experience and worked as a staff reporter or contributor for some of the nation's leading newspapers and websites including The Atlanta Journal-Constitution, the San Diego Union-Tribune, TheStreet, MSN and Credit.com. Written by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate since the end of 2021. They are committed to helping readers gain the confidence to take control of their finances by providing clear, well-researched information that break down complex topics into digestible chunks.
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