Cars are submerged at the entrance to a parking garage in New York's Financial District in the aftermath of superstorm Sandy. Cars and trucks that were flooded by Superstorm Sandy soon will make their way into the used car market, and that could mean trouble for buyers. After insurance companies declare flooded cars a total loss, they are sold to middlemen who fix and resell them.
Cars are submerged at the entrance to a parking garage in New York's Financial District in the aftermath of superstorm Sandy. Cars and trucks that were flooded by Superstorm Sandy soon will make their way into the used car market, and that could mean trouble for buyers. After insurance companies declare flooded cars a total loss, they are sold to middlemen who fix and resell them.
Photo by Associated Press /Chattanooga Times Free Press .
published Tuesday, November 6th, 2012
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