I’ve owned flood cars in the past. Bought them knowing the history and paid accordingly.
one lasted 5 years. The other 5 months. The 5 month one still parted out nicely and paid for its self once parted and scrapped.
I currently own a flood boat. Runs like a top. Sank in the guys driveway last summer when Duluth MN flooded.
I still laugh. The title for the trailer is stamped “PRIOR SALVAGE-FLOOD”
Hell, it gets flooded every time I go fishing. Right up to the hitch.
If your not mechanically inclined RUN FOREST RUN! from flood cars.
Ya pays yer money ya takes yer chances. Couple hundred thousand cars to head for the cruncher. But I’ll guess they won’t be parted out.
Down in Arkansas they don’t have SALVAGE titles. The buyer better beware of all used cars.
About 50 years ago we had a local cop tell us not to buy a used car in Arkansas. He would not say why, but many many years later I unfortunately learned why.