Current:Home > InvestJohnathan Walker:Beware of flood-damaged vehicles being sold across US. How to protect yourself. -Balance Wealth Academy
Johnathan Walker:Beware of flood-damaged vehicles being sold across US. How to protect yourself.
Oliver James Montgomery View
Date:2025-04-10 22:31:53
If you're in the market for a used car,Johnathan Walker be on the lookout for flood-damaged or water-damaged vehicles that may have been cleaned up and put up for sale to unsuspecting buyers.
As many as 347,000 vehicles have been flood-damaged this year because of the hurricane season, according to estimates by CARFAX. Hurricane Milton added as many as 120,000 vehicles in Florida, on top of 138,000 vehicles damaged by Hurricane Helene across several states. And up to 89,000 vehicles were hit with water damage from smaller storms during the summer.
"The images of those cars that are floating on the streets and sitting in high waters, those are typically the type of cars that you would see get sold very cheap to potential scammers," Em Nguyen, director of public relations for CARFAX, told USA TODAY. "Then they would clean it up and try to sell it either nearby, or maybe many states away."
veryGood! (91)
Related
- Bodycam footage shows high
- Keir Starmer becomes U.K. prime minister after his Labour Party wins huge majority in general election
- 4 killed in shooting at Kentucky home; suspect died after vehicle chase, police say
- Padres place pitcher Yu Darvish on restricted list; out indefinitely
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Bronny James expected to make NBA summer league debut Saturday: How to watch
- Why My Big Fat Fabulous Life's Whitney Way Thore Is Accepting the Fact She Likely Won't Have Kids
- World No. 1 Iga Swiatek upset by Yulia Putintseva in third round at Wimbledon
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- National Urban League honors 4 Black women for their community impact
Ranking
- Global Warming Set the Stage for Los Angeles Fires
- 'Wheel of Fortune' fans are divided over preview of new season without Pat Sajak
- Keir Starmer becomes U.K. prime minister after his Labour Party wins huge majority in general election
- Fiery railcars with hazardous material mostly contained after derailment in North Dakota
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Emma Roberts says she's lost jobs because of 'nepo baby' label
- Watch aggressive cat transform into gentle guardian after her owner had a baby
- Taylor Swift sings love mashup for Travis Kelce in Amsterdam during Eras Tour
Recommendation
Tom Holland's New Venture Revealed
Searing heat wave grills large parts of the US, causes deaths in the West and grips the East
Beryl bears down on Texas, where it is expected to hit after regaining hurricane strength
Norwegian cyclist Andre Drege, 25, dies after crashing in race
A South Texas lawmaker’s 15
Street medics treat heat illnesses among homeless people as temperatures rise
Manhattan townhouse formerly belonging to Barbra Streisand listed for $18 million
AI company lets dead celebrities read to you. Hear what it sounds like.