Saturday 25 May 2013

Flooded vehicles for sale? State offers database for consumers to check

A state web site that lists vehicles with titles that show whether they have been flooded or ruined in a crash has reached 26,000 entries.

It is located at www.njconsumeraffairs.gov/floodedcars. The database allows users to enter the Vehicle Identification Number (VIN) unique to each vehicle and check whether a flood or salvage title has been issued.

A vehicle is issued a salvage title if an insurer has declared it a total loss or if it is cost prohibitive to repair. Salvaged vehicles can only be driven to and from an inspection appointment.
It is against the law to sell or transfer a salvage vehicle without a title.
A vehicle ruined by flood will be issued a flood salvage title.
A car that has been flooded but is not a total loss and can be repaired will be issued a “Flood Vehicle” title. The flooded status remains through the life of a vehicle.
“Consumers who are thinking about purchasing a used motor vehicle need to be vigilant, in the wake of superstorm Sandy,” said Eric T. Kanefsky, Acting Director of the State Division of Consumer Affairs. “Storm damaged vehicles may be offered for sale for years to come.”
The state Motor Vehicle Commission does not have an estimate of how many of those 26,000 entries are related to superstorm Sandy.

Insurers have reported 60,000 claims for personal or commercial vehicles as a result of Sandy.


Source: http://blogs.app.com/hurricanesandy/blog/2013/03/14/flooded-vehicles-for-sale-state-offers-database-for-consumers-to-check/

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