Buyers Beware

According to the California (the nation’s largest auto market) Department of Motor Vehicle, the state has approximately 2.5 million once totaled cars, on the streets. Those cars had at one point been in a crash and natural disasters mainly floods. Those cars now hold a salvage or reconditioned title. The voracious profit drive, lead the insurance companies coupled with used car dealers to establish a system which allows for profit from frauds involving flood damaged cars. Once the insurance company totals a vehicle, the car or truck is hardly ever smashed, or sold as metal. Rather those vehicles are sent to car auctions where dealers are waiting for such an opportunity that could turn into a big profit. Some experts call those auctions salvage pools, and claim to b View the rest of this article