Check out this video of a dealer in louisiana.

It starts out with a mustang then shows rows of helpless new F150s.

Not sure if you have to register to view this or not...

Video

 

That's terrible...all those poor vehicles. Thank goodness for insurance.

 

wow....that's all I can say about that.

 

Ill take a 5.4 engine and components...


That sucks!!!! And thats just ONE car lot. ....

 

That assumes he had or was even able to get flood insurance. As far as a home, being below lake and river level, you may not even be able to get it. Not sure how it would work for a business.

 

What A Bum Deal Indeed....

 

Wow...I think i need a drink

 

What's the chance of some of those vehicles getting cleaned up and sold in another location?

 

Wanna bet they find their way to market? Be careful of that "great" deal that may come along.....

 

They will all certainly make their way to market -

Sure, the Dealer/Insurance company will have to disclose them when selling them off -but it is that next transaction where these end up in one of those fly by night corner car lots or for sale person to person in the paper where they will not be properly disclosed and lots of poor suckers will be buying these cars - most likely in states far away from Louisiana.

Kirk

 

They will have to have it noted on their title as being salvaged....you can bet Ford will be sure of that because they wont be any warrenty work done on them. I about bought a "new" 04 Z06 Vette that got "wet" in one of the storms that hit the gulf coast last year but my CU wouldnt finance it with a salvage title. It was a hell of a deal...$27,500 and loan value on it (well one with a good title) was over $40,000 at the time. Its probably a good thing I didnt get it (no telling how the electronics would be in a few years once the corosion starts to show) but it sure seemed like a good deal at the time.

With all that said, a few flood cars at a dealership sure seems small compared to all the other devistation to personal property and lives in the area. I certainly wont be having a "good cry" over them.

 

Yep, I remember after the Mississippi floods in the early 90's a whole bunch of Jaguars that were available through various auctions at "great" prices.

 

There fords, the'll still run

That is sad. but look at the bigger picture, those were dealer stock. People there lost there own cars, homes, personal things, ect ect....

and its about to happen in texas.

OH, BTW

Local dealer here was supposidly haveing a "Overstocked divirted from hurricane katrina stock sale"

 

Wow, what a waste. I don't see how they could end up being sold, the water looked way too high.

 

Id like to know where that dealer is for sure. I wonder what I could get one of those Mustang's for. I think it could be made to run again, with some elbow grease, and alot of soap and water. If they are considered totaled, Ill bet they would let them go pretty cheap. Hummm....