The Ontario Motor Vehicle Industry Council (OMVIC) warned the public about "too good to be true" automobile offers in the wake of Hurricane Sandy. There's no telling exactly how many vehicles damaged by the storm have managed to slip deep into Canada. Given the close proximity of various Burlington car dealerships to the USA border, it aids to be vigilant.
Hurricane Sandy was the 2nd costliest known typhoon to strike North America; its overall loss approximately $ 50 billion short compared with the devastation of Hurricane Katrina in 2005. When the hurricane moved inland and left a wrecked East Coast, it at some point headed toward Ontario. Thereby, certain automobiles in the area were submerged and ruined by floods.
The problem now is that these flood-damaged automobiles are being offered dirt cheap to unwitting purchasers who just want to benefit from an excellent deal. AAA spokesman John Nielsen sees this as significant trouble, due to the fact that the damage inflicted by floodwater on a car is possibly beyond any holistic repair. The most commonly affected components in these types of cars are the engine and drive train.
Abrasive pollutants in floodwater, Nielsen said, may wreak havoc on important parts of the car like the engine. They can seep into the narrow spaces and holes of the automobile where the abrasives can inflict considerable damage. Other than that, there is also the hazard of floodwater combining with oil and break fluids as well.
Under the Ontario Motor Vehicle Dealer's Act, automobile dealers are necessitated to make a complete and full disclosure on all deals for auto sales in Burlington. Nonetheless, since Ontario law deems flood-damaged vehicles as beyond repair, a number of curbsiders and private vendors decline to expose the actual condition of the vehicles they sell. This is because these autos are practically deadweight. In fact, professional car dealerships in the area will inform you that efforts at repairing damages may cost more than an automobile's real worth.
To learn more on just how Hurricane Sandy has influenced the automobile market, check out Wheels.ca. To get pointers on how to pinpoint a flood-damaged vehicle, you can read an additional related post at WSJ.com.
A Caution Regarding Flood-damaged Car Buyers and Burlington