We Junked 4 Flood-Damaged Cars: Dry Interior vs Waterlogged Payout Comparison

we junked 4 flood damaged cars

Four flood-damaged cars came in after one storm event in June 2023. All four were insurance total losses. We assumed scrap values would track pre-flood market values. They did not. They tracked the water line. The car with the shallowest flooding brought $2,840. The fully submerged car brought $680. The gap between the driest and […]