The Ontario Motor Vehicle Industry Council (OMVIC) alerted the public about "too good to be true" auto deals in the wake of Hurricane Sandy. There could have been vehicles wrecked by Sandy's floods that managed to get to Canada. Provided the close proximity of different Burlington car dealerships to the USA border, it helps to be cautious.
Hurricane Sandy was the 2nd costliest recognized cyclone to strike North America; its overall loss around $ 50 billion short compared to the devastation of Hurricane Katrina in 2005. When the hurricane moved inland and left a ravaged East Coast, it at some point headed toward Ontario. Hence, certain vehicles in the region were plunged and damaged by floods.
The issue now is that these flood-damaged vehicles are being sold dirt cheap to unsuspecting buyers who just wish to make the most of a good deal. AAA spokesman John Nielsen sees this as significant trouble, due to the fact that the damage inflicted by floodwater on a car is potentially beyond any holistic repair work. The most typically afflicted components in these types of autos are the engine and drive train.
Rough contaminants in floodwater, Nielsen said, may ruin crucial parts of the car like the engine. They can leak into the narrow gaps and cavities of the car where the abrasives can cause significant damage. Aside from that, there is also the risk of floodwater mixing with oil and break fluids as well.
Under the Ontario Motor Vehicle Dealer's Act, auto dealers are entailed to make a complete and full disclosure on all transactions for auto sales in Burlington. Nevertheless, because Ontario law considers flood-damaged vehicles as irreparable, a number of curbsiders and private sellers decline to disclose the actual condition of the automobiles they sell. This is because these vehicles are practically deadweight. As a matter of fact, reputable auto dealerships in the area will inform you that efforts at fixing damages may cost more than an auto's real worth.
For the most recent updates on exactly how Hurricane Sandy has influenced the auto market, see Wheels.ca. For pointers on how to identify a flood-damaged auto, you can check out yet another related article at WSJ.com.
OMVIC Tip off Buyers and Burlington Car Dealerships on Flood