As you have no doubt already heard, flood waters are wreaking havoc in Louisiana, displacing many thousands of residents and doing untold damage to their homes. When the waters eventually recede and people return home, there will inevitably be scammers ready to take advantage of their situation; just as there will be bogus charities and other fraudsters waiting to cash in on the good will of other Americans. [More]
A used-car dealer in New Jersey has admitted to selling cars damaged by flooding during superstorm Sandy in 2012 to unsuspecting customers. Some of those who drove off with lemons found their cars breaking down just minutes after leaving the dealership. [More]
As happens just about every time there is large-scale flooding in a region, you can expect that the car market will be, well… flooded (sorry) with vehicles that have been damaged by soaking in too-high water. Thankfully there are some indicators to look out for if you go car shopping. [More]
Disastrous flooding, such as what the Midwest and Southeast has recently suffered, tends to, well, flood the used car market with damaged vehicles that pass the eyeball test. There are ways to avoid falling victim to unscrupulous resellers try to move water-addled rides, though.