CARFAX: 347,000 Cars Flood Damaged in 2024 Hurricanes
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Dividend Yield: 0.9%
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Storms Create Opportunities for Scammers to Resell Damaged Vehicles
This is the most destructive year for hurricanes and storms in the
Consumers looking to purchase a used car who want to avoid flood-damaged vehicles should do three things:
- Use the free CARFAX Flood Check® tool at carfax.com/flood.
- Inspect the car, looking for these seven signs of flooding:
- Damp carpets
- A musty odor inside, sometimes covered up with a strong air-freshener
- Upholstery or carpeting that may be loose, new, stained or mismatched
- Rust around doors, under the dash, on pedals or in hood and trunk latches
- Mud or silt in the glove compartment or under the seats
- Brittle wires under the dashboard
- Fog or moisture in interior lights, exterior lights or on the instrument panel
- And have a trusted mechanic inspect the car and take it for a test drive.
Editor's note: Interviews with a CARFAX expert are available anytime. Please contact
About CARFAX
CARFAX, part of S&P Global Mobility, helps millions of people every day confidently shop, buy, service and sell used cars with innovative solutions powered by CARFAX® vehicle history information. The expert in vehicle history since 1984, CARFAX provides CARFAX Used Car Listings, CARFAX Car Care, CARFAX History-Based Value and the flagship CARFAX Vehicle History Report to consumers and the automotive industry. CARFAX owns the world's largest vehicle history database and is nationally recognized as a top workplace by The Washington Post. Shop, Buy, Service, Sell – Show me the CARFAX®.
S&P Global Mobility is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets.
View original content to download multimedia:https://www.prnewswire.com/news-releases/carfax-347-000-cars-flood-damaged-in-2024-hurricanes-302284543.html
SOURCE CARFAX
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