The massive Louisiana flooding in August led to thousands of area vehicles damaged in the rising waters. Many Louisianans will likely be in the market for replacement vehicles and looking for a good deal to combat the many unexpected expenses of starting over after a flood.
Essential cautions you that if a deal sounds too good to be true—it probably is!
You could easily fall into the trap of buying back a flooded vehicle. Many vehicles that suffer flood damage and are totaled out by insurance companies can be “salvaged,” and sold for profit at a low cost to consumers. While these vehicles may seem fine to the buyer’s eye, masked problems are likely to cause issues down the road, making for a poor investment.
Ready to start shopping now that you’re prepared? Visit Essential to learn how you can get pre-approved for an Auto Loan.