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03.04.2023 от antjemajeski Выкл

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 offering interactive financial calculators and tools, publishing original and objective content, by enabling users to conduct research and compare data for free — so that you can make informed financial decisions. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Make Money The deals that are displayed on this site come from companies that compensate us. This compensation may impact how and when products are featured on this website, for example such things as the order in which they may be listed within the categories of listing, except where prohibited by law. This applies to our loan products, such as mortgages and home equity, and other products for home loans. But this compensation does affect the information we provide, or the reviews you read on this site. We do not cover the universe of companies or financial offerings that could be open 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. Written by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate since the beginning of 2021. They are passionate about helping readers gain confidence to control their finances through providing concise, well-researched and researched information that breaks down otherwise complex subjects into bite-sized pieces. The Bankrate promises

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At Bankrate we strive to help you make better financial choices. We are committed to maintaining strict ethical standards ,

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In 1976, Bankrate was founded. Bankrate has a long history of helping people make informed financial decisions.

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They ensure that what we write will ensure that our content is reliable, honest and trustworthy. We have loans journalists and editors focus on the areas that consumers are concerned about most — the various kinds of loans available and the most competitive rates, the best lenders, how to repay debt, and much more. So you can feel confident when investing your money. Integrity in editing

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There are money-related questions. Bankrate can help. Our experts have helped you understand your finances for more than four years. We continually strive to provide consumers with the expert guidance and the tools necessary to succeed throughout life’s financial journey. Bankrate adheres to strict standards policy, which means you can be confident that our content is truthful and reliable. Our award-winning editors and journalists create honest and accurate content that will help you make the best financial decisions. The content we create by our editorial staff is objective, factual and is not influenced from our advertising. We’re honest about the ways we’re capable of bringing high-quality information, competitive rates and useful tools to our customers by describing how we make money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We receive compensation for the placement of sponsored products and, services, or through you clicking specific links that are posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where the law prohibits it for our mortgage, home equity and other home loan products. Other factors, such as our own website rules and whether the product is offered in your area or at your own personal credit score can also impact the manner in which products are featured on this website. Although we try to offer the most diverse selection of products, Bankrate does not include details about every credit or financial product or service. Car buyers throughout the nation can experience the aftereffects of destructive floods by unknowingly purchasing water-damaged cars. New and used vehicles damaged by major flood events, like Ida in 2021. Ida from 2021 could be brought to market in the aftermath of an event. Carfax data shows that up to 212,000 vehicles could be damaged due to the storm Ida. If flood-damaged cars are sold to buyers who are not aware of the damage, they often have costly electrical and mechanical issues which surface after a few months. Even if you don’t live in an area in which flooding is common, you can still inadvertently purchase a car that has water damage. Carfax research has also revealed that vehicles that have been damaged by water are present across all states, which means buyers from coast to coast are in danger of buying a flood-damaged car. How do you tell if the car is damaged by water? Water-damaged cars can be hard to identify. They often look fine and may even run well for a little while. However, eventually, you are likely to face problems as flooded cars decay from the inside out. Here are a few indicators that your car could have water damage A musty smell: The interior of water-damaged cars will often smell musty. Unscrupulous sellers may try to mask the smell with strong air fresheners but it can be very difficult to completely remove a car from a musty smell. One method to determine the smell of a car is to be inside the vehicle and close the windows. Moist or damp carpeting Damage from water can accumulate in places you don’t immediately notice, such as under carpeting. Take a look at the carpets in the car, and rub them in order to find any possible moisture buildup. Examine the trunk too, even removing the spare tire in order to check for any water underneath it. Carpeting that is stained or unmatched carpeting: Another sign of water damage is a car that has stained or loose carpeting or upholstery. Look for blotchy, brown staining, which is a sign for water-related damage. When you conduct inspections, check the carpeting on the floor with upholstery on the doors as well as the roof. All of them should appear to be of similar quality and age. Rust: A vehicle that has water damage might be rusty around the doors, inside the hood or even under the dashboard. Screws, door hinges or trunk latches as well as door handles may also exhibit signs of rust. Brittle wires: Look under the dashboard if you suspect the car might have water damage. Brittle wires can be a sign that your vehicle is a victim of an event that caused water or other type. Fog or moisture beads: If your vehicle’s interior lights instruments, exterior lights, or lights appear to be hazy or contain water beads in them, consider it a warning sign that the vehicle might have water damage. Silt or mud buildup: During flood events specifically, water can transport dirt and mud inside a vehicle. After the flood has gone and the dirt is gone, it will be left behind. Some of the places to check for silt and mud are the trunk, glove compartment underneath the dashboard and under the seats. 4 ways to avoid buying an automobile that is flooded If you are concerned that a vehicle may have water or flood damage It is essential to conduct research and determine whether your intuition is right. There are a variety of tools available to assist you in getting to the bottom of this important issue, and also signs to be alert for. 1. Check the history of your vehicle A vehicle history report can uncover issues with your car prior to you make a purchase. A sure indicator of a car that has been damaged by water can be seen in the way it is branded as an example. Departments of motor vehicles require permanent title marks on vehicles which have been severely affected by flooding. If the vehicle is declared totaled, it is required to get an entirely new title that is labeled «salvage» or «flood.» Depending on the state, however this information could be made clear by a numerical code. Carfax and Experian have flood check tools that permit users to conduct a free check on the history of a car. The platforms require only details about the VIN of the vehicle in question. When reviewing a car’s history take a look for cars that come from areas that have been damaged by floods. It is also important to check the National Insurance Crime Bureau also offers free online VIN checks that allow customers to determine if a car has been declared salvaged. It is important to look at a vehicle’s history report to determine if the car has changed hands multiple times in an extremely short time. Be cautious of a history that involves buyers in multiple states. This could be an indication of what’s known as «title washing,»» when unscrupulous sellers alter the title of the car several times to conceal its history. 2. Look for evidence of water damage. Cars that have been even partially submerged in water often have evident signs, but they can be subtle particularly if the car is being cleaned for selling. Be aware of musty or moldy smells, including those coming out of the control panel for the temperature. Note any stains that appear on the car’s interior or engine compartment, as well as on the trunk. Mud, dirt, or sand in odd places , and seat belts that sound gritty when they are extended or pulled back are all indicators of damage from water. It’s also important to test drive a vehicle that you suspect may have water or flood damage. Tips to look out for when you test drive are malfunctioning electrical systems as well as infotainment systems. These systems will act up if they have been affected by water. It is also important to look for signs of smoke in your test drive. 3. Be cautious of vehicles that are priced lower than market value. There’s a good reason behind the adage about things being too excellent to be real. This includes cars being priced way below actual value. This can be a red flag that something isn’t right. Check the typical selling price of the vehicle you’re thinking of buying on independent vehicle pricing sites like Edmunds or Autotrader. A car that is new or used that is priced lower than market value is an sign that the seller is looking to sell the car. Buyers should tread cautiously when a vehicle is offered at a steep discount. As well as asking questions about the reason the car is being offered for a lesser price than it should be, it may be an excellent idea to have the vehicle looked at by a professional who can find any issues. 4. Have a professional inspect the vehicle It’s always a good idea to employ a certified mechanic or automotive technician to go through and thoroughly examine a vehicle prior to you buy it, but it’s even more critical to take this step in order to protect yourself from water damage to your vehicle. A professional can help ease your mind, especially when the vehicle you’re considering has one or more of the warning signs listed here. Check that the inspection not only includes obvious indications of water damage, but as well a thorough examination of all the electronics equipment, since problems with these systems can last for months before they become apparent. Although a pre-purchase inspection typically have to be paid for by the buyer, it will be money well spent to prevent you from getting an automobile that’s a lemon. It is possible to pay from $100 to $200 for an inspection. What to do if you purchased a car that has been damaged by water If you’ve purchased a vehicle that has water damage all may not be lost. Repairs can be made to the car with a skilled mechanic. But remember, these aren’t DIY repairs. They will require professionals with extensive understanding of automobiles. Also, keep in mind that repairing damaged vehicles after flooding will not be cheap, so you’ll want to determine whether the vehicle is worth the cost. Especially since flood-damaged cars typically have no potential for resales. The bottom line is that flood-damaged vehicles are utilized in every state across this country. If you suspect a car may have been impacted through flooding or any other type of water event there are several steps to take including running a vehicle history report, looking for indications of water damage, and having the car inspected by a professional. Remember, even if you do not reside in an area that has been affected with flooding, it is possible that you could accidentally end up with an automobile that has been damaged by water. 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. The article was edited by Rhys Subitch Edited by Auto loans editor Rhys has been writing and editing for Bankrate from late 2021. They are passionate about helping readers to manage their finances through providing precise, well-studied information that breaks down otherwise complex subjects into bite-sized pieces.

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