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To: nascarnation
Looks like a good business opportunity for private mechanics and shops. It is difficult to repair one car that was flooded. However with so many cars there is a chance that replacement parts can be ordered in quantities that make the repairs financially acceptable.

One scenario would be that the car owner gives the flooded car to the insurance company, gets the money, and buys a new vehicle. The insurance company then has the vehicles restored and sold as used. This is doubly important because the "cash for clunkers" destroyed too many cheap cars, thus denying the less financially capable people a chance to buy a car.

If the insurance company doesn't want to deal with all that, a separate business can be formed that only deals with restoration of these cars. Very little startup funds are required because the cars can be taken from insurance companies on commission. There will be also less waste.

There is a big catch, though. Workers will be needed. I am not sure if there is anyone willing to work in those blue states... 63% of voters in New York wanted Obama.

7 posted on 11/08/2012 5:17:01 PM PST by Greysard
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To: Greysard

You may be right, I don’t know.
Cars flooded with salt water but not immediately repaired will require a huge amount of parts + labor to replace electrical / electronics.
Don’t think that’s financially viable.


10 posted on 11/08/2012 5:21:06 PM PST by nascarnation (Baraq's bankruptcy: 2016)
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To: Greysard
"If the insurance company doesn't want to deal with all that, a separate business can be formed that only deals with restoration of these cars. Very little startup funds are required because the cars can be taken from insurance companies on commission. There will be also less waste."

Is this really practical now with all of the electronics in modern cars?

11 posted on 11/08/2012 5:21:31 PM PST by Average Al
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