08-18-2016, 01:53 PM | #43 |
Drives: 2011 Camaro SS Join Date: Apr 2013
Location: North Carolina
Posts: 1,849
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What happens when it comes time for resale though? Do you just file a diminished value claim, pocket the money up front, take it to the shop multiple times as issues arise, and then sell it at a reduced value with the buyer's understanding that the car may be prone to future failures and that the warranty on any past service may not be transferrable?
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08-18-2016, 02:35 PM | #44 | |
Drives: 2019 CLA 450 Mercedes Join Date: May 2016
Location: South Louisiana
Posts: 1,107
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Quote:
Who on this forum would buy a car that has a CarFax disclosure of flood damage in a known salt water area? http://www.insure.com/car-insurance/...cars-tips.html Is flood damage repairable? Is my car worth fixing? Everything is repairable, for a price. But you can dry a car completely and still have musty odors, silt in the seats and carpets, and electrical issues. If you drove into a flooded area, you may have taken water into the engine. In general, water that goes past the floorboards -- into the areas where electronics begin -- will mean the car is totaled.
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2019 Lunar Blue Metallic Mercedes CLS 450
2021 C43 AMG Mercedes Coupe Metallic Cardinal Red 2014 Lincoln MKT EcoBoost (The Bus) |
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08-18-2016, 03:06 PM | #45 |
Drives: 2016 Hyper Blue 2SS Vert Join Date: Jul 2016
Location: Manassas, VA
Posts: 58
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Not all insurance companies even notify Carfax... I would never only trust a report from them...
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08-19-2016, 12:12 PM | #46 |
Drives: 1968 SS/RS, 2006 H2 2016 2SS White Join Date: Sep 2015
Location: Texas ( Southern Moron)
Posts: 770
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We just had a new Jeep under water up to the seats. We replaced the engine. No problems. Diminished vale is something you receive when another party does damage to you. I don't know how car facts reports. Somebody else would have to tell you. It might just show a claim under comprehensive coverage????
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2016 2SS White fully loaded
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