New Carfax Study Shows Increasing Number of Flood-Damaged Vehicles Sold Nationwide
February 1, 2007 • by Staff • Bookmark +
CENTREVILLE, VA - A new study by Carfax shows that waves of flood damaged cars are washing up in areas all across the country. Over the last five years, the number of flooded vehicles revealed by Carfax Vehicle History Reports has doubled nationwide. Large increases have occurred in numerous states.
"Our data shows a clear pattern of growth for those states within close proximity to the Gulf Coast or that have large populations and sprawling urban areas," said Larry Gamache, communications director at Carfax.
Water can damage a car's most important features, including electrical and safety systems, causing airbags and anti-lock brakes to malfunction, reported Carfax. Under the Carfax Buyback Guarantee, cars purchased with Carfax Vehicle History Reports that do not contain DMV-reported incidents (salvage, flood damage, lemon, odometer problems) may be eligible to be bought back from Carfax.