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If you're in the market for a used car, you may want to double-down on your research. A new report from Carfax reveals an alarming 500,000 flooded vehicles are back in use, either on the road or up for sale. That's 150,000 more flooded cars, a 47% increase, than reported in 2017 when hurricanes Harvey and Irma devastated the Gulf Coast and Southeast.
With Hurricanes Florence and Michael, experts at Carfax warn that even more flooded vehicles are likely to make it onto the market for resale, or back onto the road. Study analysts estimate that roughly 100,000 flood-damaged cars will be added this year.
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Danielle Ling
Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].
