Free Republic
Browse · Search
General/Chat
Topics · Post Article

Pretty big number, surprising to me how big. As a comparison, the US scraps about 12 million cars per year on average.
1 posted on 11/08/2012 5:02:08 PM PST by nascarnation
[ Post Reply | Private Reply | View Replies ]


To: nascarnation

Alot of people are going to discover that car insurance does not get you a “new car” or even an “equal car” to what you had...


2 posted on 11/08/2012 5:09:20 PM PST by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nascarnation

all these flood cars are going to end up being for sale here in Canada, too many canucks are cheap and can’t resist a “bargain” (especially quebec )


4 posted on 11/08/2012 5:14:04 PM PST by Reverend Wright (Obama explains the ALCS: the Yankees actually played great but lost due to mistakes by Joe Torre)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nascarnation

I’m sure Gov’t Motors has plenty of Chevy Volts ready-to-go, as replacements.


6 posted on 11/08/2012 5:15:59 PM PST by carriage_hill (America - a great idea while it lasted... it's over.)
[ Post Reply | Private Reply | To 1 | View Replies ]

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
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nascarnation

Drive your old thumper or that potential repo to NY. Lost to Sandy will explain it all.


9 posted on 11/08/2012 5:19:08 PM PST by count-your-change (You don't have to be brilliant, not being stupid is enough.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nascarnation

In a month they’ll be on ebay. Caveat emptor


12 posted on 11/08/2012 5:26:07 PM PST by lurk
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nascarnation

After Kartina hundreds of cars were totaled by the insurance companies due to being under water.
The were scarfed up refurbished(dried out) and moved to other parts of the country where they were put on the market.
My mechanic up here in the NE said buyer beware,look under the mats pull up the trunk liners,be carefull because water damage is easy to hide and impossible to rectify,especially salt water intrusion and its caustic affect on aluminum and electrical components.

These NY,NJ Sandy cars/trucks will be showing up some where and soon..Buyer beware.


14 posted on 11/08/2012 5:29:07 PM PST by CGASMIA68
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nascarnation
Superstorm Sandy left about a quarter million dead cars in its path, Reuters figures. It might even drive up cars sales.

And that will help the economy!

Or so will say the liberals amongst us. Of course, were the reporter's house to burn down and insurance replace it, I wonder if the reporter would insist that his economic situation had improved.

18 posted on 11/08/2012 5:34:14 PM PST by BfloGuy (Workers and consumers are, of course, identical.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nascarnation

The destruction of private property is great for the economy. Just ask the guys on Wall Street. They will explain the broken window fallacy as just a right wing conspiracy.


20 posted on 11/08/2012 5:36:18 PM PST by jwalsh07
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nascarnation

Cash for Clunkers Redux?


23 posted on 11/08/2012 5:52:29 PM PST by 23 Everest (When seconds count. The police are just 23 minutes away. 831 Bonnie)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nascarnation

Right before the storm I decided to list my Chevy HHR on ebay classifieds in the NYC area, but not because I was realizing the potential storm impact on the used car market. I just happened to find a larger car I had to have. But wow, maybe I’ll actually sell this little pugger? Any storm-thrashed Freeper would get a generous discount, naturally.


26 posted on 11/08/2012 6:27:43 PM PST by BillyBonebrake
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson