Bloomberg News is reporting that about 2,500 flooded motorcycles, cars, trucks, and recreational vehicles have already been towed to a Copart auction yard in Houston, where they likely will be sold for salvage value to the highest bidder. Copart works with insurance companies to sell all types of motor vehicles that have been totaled in accidents and floods.
Riding in a Flood is Ricky Business |
Not every state brands flooded motorcycle titles as "flood" victims, so it easy to take a flood-branded title and retitle it in a state that doesn't use the "flood" brand to warn consumers of its history. Those states often will issue a new title that has not brand on it at all, a practice called "title laundering" by the consumer advocate attorneys at Burdge Law.
Are flooded Texas bikes headed to your local dealer? |
And, most important of all, ask the selling dealer to guarantee that the vehicle you are looking at was NOT in a flood anywhere.
And don't just take their word for it. When they say "no flood - no way" be sure to tell them that you want them to write that on the sales contract too. And if they won't do it, then watch out! Don't buy! Go somewhere else.
Don't waste your money on flooded or wrecked cars! Your safety isn't worth saving a buck or two.
Burdge Law Office
Helping consumers get rid of lemon bikes, every day.
It's what we do.