Start watching out for flood cars!!!

[corsvette]

This guy's looking to snap up high end flood damaged cars.....I wonder why? I'm sure theres going to be a ton of crooks out there willing to dry these baby's out and resell for huge profits! Watch out!

http://calgary.kijiji.ca/c-cars-vehicles-cars-trucks-NIce-Car-Damaged-by-the-Flood-W0QQAdIdZ497054353

[heavyD]

Yep there will definitely be some crooks looking to profit off these cars. I'm not sure though who's going to sell him a high end flood car when insurance is going to take the cars.

[dannie]

Alberta Insurance Council has already been in talks with Alberta Transport about expediting the change of status on Alberta vehicles from Active to non-repairable on flooded cars. As soon as the insurance co determines it is a write-off, it will be updated with Alberta registries within 24 hours.

My educated guess? These cars will go over the border to the US based on previous Alberta registrations and will be sold there. Kind of like what happened here shortly after hurricane Katrina.

[M.alex]

I guess this is good news for people who didn't carry any insurance, lol?

[zieg]

Yeah I kept thinking about that guy with the BMW suv a while back.. Where he thought it was flooded and then found out it had been horribly misdiagnosed. :rofl:

[ddduke]

I wouldn't mind buying a flood vehicle if it were something I plan on keeping long term and can get at a stupid price.

Unfortunately, it'd have to be something relatively high end like a viper, 911, etc. and I'm assuming anyone who owns one of those is smart enough to carry insurance.

[Tomaz]

Originally posted by ddduke
I wouldn't mind buying a flood vehicle if it were something I plan on keeping long term and can get at a stupid price.

Unfortunately, it'd have to be something relatively high end like a viper, 911, etc. and I'm assuming anyone who owns one of those is smart enough to carry insurance.

Agreed! But i would only pay no more than $1000 for it. lol

[corsvette]

WATCH OUT!!!

MOST flooded cars are branded NOT REPAIRABLE by insurance companies, meaning they are never able to be registered on the road again. I'm noticing not all flood cars going through insurance disposal are being branded at all, they are being sold with "active" titles.

Plenty of opportunity here for all kinds of seedy curbsiders. CARPROOF and CARFAX before you buy!

Example- a 8000km 2013 Jetta being sold with water/flood damage with no brand/active title!

http://i44.tinypic.com/2jd2urb.jpg

[thetransporter]

these cars just end up being exported - illegally and legally - for parts or to someone in a country where he doesnt care

[flipstah]

Originally posted by Tomaz


Agreed! But i would only pay no more than $1000 for it. lol

Strictly track car duty lol! :thumbsup:

[revelations]

If the vehicles still "work" why not ship them to Mexico, or perhaps Alabama.....:rofl:

[corsvette]

Trouble is vehicles like that 2013 Jetta have no brand, they are not labeled as salvage or non repairable. There is no reason for anybody to export these "active" title cars. That Jetta can be bought and resold right here without anybody knowing its been in a flood (assuming Carproof would show a record) You can buy the non repairable cars to ship elsewhere but I can guarantee the active cars will be bought and resold right here.

So far I've only seen very few flood cars without the branding of "non repairable"

[FraserB]

Apparently the government is setting up a database with the VINs of flood cars. Should put a stiff penalty in place for trying to sell a flood car as well.

[clem24]

Originally posted by ZiG-87
Yeah I kept thinking about that guy with the BMW suv a while back.. Where he thought it was flooded and then found out it had been horribly misdiagnosed. :rofl:

That's the Stampeders dude who bought the car in BC, found out it was fucked, and then made it someone else's problem while trying to play innocent and change his story (at least that's how I still see it).

[BokCh0y]

Thanks for heads up on flood vehicles, so sad that at there are so many crooks out there.

Anyone contact the Kijiji person to see what he's doing with the flooded vehicles? I can see parting out the metal body panels, but I hope he/she isn't parting out the interior, electrical, mechanical or rebuilding and reselling.

[darthVWader]

Originally posted by corsvette
WATCH OUT!!!

MOST flooded cars are branded NOT REPAIRABLE by insurance companies, meaning they are never able to be registered on the road again. I'm noticing not all flood cars going through insurance disposal are being branded at all, they are being sold with "active" titles.

Plenty of opportunity here for all kinds of seedy curbsiders. CARPROOF and CARFAX before you buy!

Example- a 8000km 2013 Jetta being sold with water/flood damage with no brand/active title!

http://i44.tinypic.com/2jd2urb.jpg

What site is that? Thanks

[euro_racer]

I had a chat with one of my buddies in the industry (owns an inspection shop) and he brought up a good point... It may sound extreme but the flooded cars should just be crushed.

The branding system we have now is flawed. From an illegal standpoint yes it allows for some of these cars to end up in the wrong hands and we all know what that means. But what about from a LEGAL standpoint? The cars that are bought by junk yards for "parts only"? ....His point was you try to take the flooded cars off the road only to have people buy parts off of them (modules, airbags, etc.) and put them on cars that are road legal? :banghead: :rofl:

[euro_racer]

Originally posted by corsvette
Trouble is vehicles like that 2013 Jetta have no brand, they are not labeled as salvage or non repairable. There is no reason for anybody to export these "active" title cars. That Jetta can be bought and resold right here without anybody knowing its been in a flood (assuming Carproof would show a record) You can buy the non repairable cars to ship elsewhere but I can guarantee the active cars will be bought and resold right here.

So far I've only seen very few flood cars without the branding of "non repairable"

I see your point but often times the auction will change it as soon as they realize it and then make the announcement. Also I believe there is a rule that states if the water reaches up to the bottom of the dashboard or the airbag module the car is "non repairable"....maybe this one had minor flooding?

[kvg]

Originally posted by clem24


That's the Stampeders dude who bought the car in BC, found out it was fucked, and then made it someone else's problem while trying to play innocent and change his story (at least that's how I still see it).

http://us.123rf.com/400wm/400/400/lisafx/lisafx1107/lisafx110700004/9969078-businessman-making-the-on-the-nose-gesture-from-the-game-charades--full-body-isolated-on-white.jpg

[guessboi]

Updates on Flooded Vehicles

Insurance companies have been asked by IBC and the government to provide a log of flooded vehicles that have been written off. This list will be accessible by potential buyers protecting consumers from purchasing vehicles that may be unsafe to drive.

[Xtrema]

So if a flooded car is "fixed" without involving insurance, it can potentially be passed off without any warning, right?

[G-ZUS]

Originally posted by Xtrema
So if a flooded car is "fixed" without involving insurance, it can potentially be passed off without any warning, right?

Pretty much

[4WARNED]

Some of the casualties:

http://www.impactauto.ca/runList?act=conditionReport&stockNumber=HUL93&rowpos=&act=search&branchInfoHidden=true&rowpos=0&stockNumber=HFJ37&numEntries=-1&auctionType=high-end BMW M1

http://www.impactauto.ca/runList?act=conditionReport&stockNumber=KBP89&rowpos=&act=search&branchInfoHidden=true&rowpos=0&stockNumber=HFJ37&numEntries=-1&auctionType=high-end Audi S5 cabrio

http://www.impactauto.ca/runList?act=conditionReport&stockNumber=HUW09&rowpos=&act=search&branchInfoHidden=true&rowpos=0&stockNumber=HFJ37&numEntries=-1&auctionType=high-end Corvette

http://www.impactauto.ca/runList?act=conditionReport&stockNumber=HUH87&rowpos=&act=search&branchInfoHidden=true&rowpos=0&stockNumber=HFJ37&numEntries=-1&auctionType=high-end Lotus

such a shame.....

[Twin_Cam_Turbo]

Originally posted by 4WARNED
Some of the casualties:

http://www.impactauto.ca/runList?act=conditionReport&stockNumber=HUL93&rowpos=&act=search&branchInfoHidden=true&rowpos=0&stockNumber=HFJ37&numEntries=-1&auctionType=high-end BMW M1

http://www.impactauto.ca/runList?act=conditionReport&stockNumber=KBP89&rowpos=&act=search&branchInfoHidden=true&rowpos=0&stockNumber=HFJ37&numEntries=-1&auctionType=high-end Audi S5 cabrio

http://www.impactauto.ca/runList?act=conditionReport&stockNumber=HUW09&rowpos=&act=search&branchInfoHidden=true&rowpos=0&stockNumber=HFJ37&numEntries=-1&auctionType=high-end Corvette

http://www.impactauto.ca/runList?act=conditionReport&stockNumber=HUH87&rowpos=&act=search&branchInfoHidden=true&rowpos=0&stockNumber=HFJ37&numEntries=-1&auctionType=high-end Lotus

such a shame.....

Damn I want some non electrical components off that 1M for my 135i.

[flipstah]

I wonder if that's the 1M that was for sale in BMW Gallery...

Didn't the Auto Mall get hit? :dunno:

[artieg30]

Originally posted by flipstah
I wonder if that's the 1M that was for sale in BMW Gallery...

Didn't the Auto Mall get hit? :dunno:

Calgary BMW did at least, they have a lot where they store new vehicles by the Burnco site and my SA was telling me they had lost ~50 vehicles from the flood... not sure what they do with them though, do they all go to auction?

[dirtsniffer]

back to the manufacturer or insurance write offs. maybe the insurance company will auction but i highly doubt it....