If you own a vehicle that has been damaged by water, you most likely are looking to get rid of it. You may be asking yourself though, how do you even sell a water damaged vehicle? Who would want to buy it? Assuming you have insurance, it should be quite easy for you to unload this damaged vehicle. In most cases, your insurance company will write you a check and the problem becomes solved.
The problem with a vehicle that has water damage is that the vehicle will break down much faster. It will also cost the new owner far more in repairs than they actually paid for the vehicle. You should know that before you try to sell a car that has been damaged by water privately, you will be required to get a flood title, which states that this vehicle has been damaged.
In water damaged cars floor boards and dashes can get dry rot, the electrical system and engine will also have their own issues, This makes the vehicle less valuable less safe. It is not a wise decision to attempt to hide the reality of the damage to the vehicle, because with Carfax and similar programs, buyers can research any vehicle to find out any information on the car that wasn’t included.
Don’t let this information on selling these cars discourage you though, because some people actually seek out damaged vehicles because of their pricing. Some people are more than happy to invest in fixing engine parts and replacing other parts if they deem it to be cost-effective for them. The bottom line is this: It is not illegal to sell a water damaged vehicle, but it is illegal to lie about or attempt to cover up the extent of damage. If you are in doubt, contact your states DMV and inquire about selling a water damaged vehicle. If they can’t help you, chances are they will be able to direct you to someone who can answer your questions. Before selling your water damaged vehicle, keep in mind that honesty is the best policy. If you cannot sell your water damaged car, you can always donate it to a charity like Goodwill and get a nice tax write off for the charitable donation.