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GasBuddy News Article

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Sandy might send more than 250,000 cars to scrap heap

Reuters -- Superstorm Sandy may consign as many as a quarter of a million new and used cars and trucks to the scrap heap, a loss that could eventually lead to a spike in new auto sales, automakers and dealers said.

So far, automakers have reported that some 16,000 brand new vehicles will have to be scrapped due to the killer storm that flooded coastal areas in New Jersey and New York. Many of them were stored at the port of Newark when Sandy hit.



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Submitted Nov 08, 2012 By: nraacct
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Sandy might send more than 250,000 cars to scrap heap Back to Topics
REPLIES (newest first) Post a Reply
DanMtz
Champion Author Oakland

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Message Posted: Nov 10, 2012 12:00:06 PM

Stimulus!
remay
Champion Author Houston

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Message Posted: Nov 10, 2012 10:30:18 AM

Get the detailed history report of ANY usd car that is being bought - no matter WHEN.
blupupher
Champion Author Houston

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Message Posted: Nov 10, 2012 8:49:42 AM

Gotta watch out for the flooded cars in the used car market.
52MPG
Champion Author Dayton

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Message Posted: Nov 10, 2012 1:45:42 AM

Wow.
bston
Champion Author Oklahoma City

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Message Posted: Nov 10, 2012 12:50:38 AM

Will be good for new vehicle sales.
LetemEatCake
Champion Author Oklahoma City

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Message Posted: Nov 9, 2012 10:51:20 PM


Wish I owned a scrap yard about now!
A2J
Champion Author Richmond

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Message Posted: Nov 9, 2012 10:48:22 PM

250,000 cars to scrap...Holy cow
mpg611
Champion Author Cleveland

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Message Posted: Nov 9, 2012 6:00:04 PM

Lots of money to be made in metal recycling.
eye-spy
Champion Author Quebec

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Message Posted: Nov 9, 2012 2:06:33 PM

Hopefully they WILL be scraped.
bicycle1966
All-Star Author Akron

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Message Posted: Nov 9, 2012 2:02:02 PM

I wonder how many will be cleaned up and re-sold to unsuspecting buyers.
knutzAL
Champion Author Alabama

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Message Posted: Nov 9, 2012 9:58:21 AM

The insurance companys will foot the bill for this cash for clunkers, and eventually us with higher premiums.
ObieDog
Champion Author Maryland

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Message Posted: Nov 9, 2012 9:55:28 AM

Sad but true.
fuel2use
Champion Author Seattle

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Message Posted: Nov 9, 2012 9:24:33 AM

Ouch.
eschroth442
Champion Author Cleveland

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Message Posted: Nov 9, 2012 8:57:32 AM

sounds like a differnet cash for clunkers.
derKraut
Champion Author Ontario

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Message Posted: Nov 9, 2012 7:48:51 AM

And as in the aftermath of similar storms, people will be trying to hide the fact their vehicles were under water. Salt water is not your electrical systems friend.
EvergreenON
Champion Author Ontario

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Message Posted: Nov 9, 2012 7:14:40 AM

Either the car prices or the insurance primes will increase.
leeac
Champion Author Ohio

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Message Posted: Nov 9, 2012 7:05:54 AM

Sounds like an economic stimulus.
335d1
Champion Author Virginia

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Message Posted: Nov 9, 2012 6:55:53 AM

Too bad, need to be on the lookout for unscrupulous individuals.
roadrunnerMO
Champion Author Kansas

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Message Posted: Nov 9, 2012 5:14:29 AM

Do not buy used cars unless you know the car and the owner who has had it for awhile. Folks love to sell their misery to someone else to make a buck.
tomok
Champion Author Portland

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Message Posted: Nov 9, 2012 3:30:37 AM

Sandy might send more than 250,000 cars to scrap heap – watch for refurbished and retitled vehicles. Do Not buy a used car unless you know where it came from! This is one way to sell more vehicles, a natural disaster!
My current vehicle was paid off many years ago and I don't need any car payments now! I will drive my current vehicle into the ground before buying anything new, used, EV, Inbred, diesel, hydrogen, alternative fuel, CNG, concept and certainly not a Prius, Tesla, Leaf, Volt or an NYC/Sandy Special submerged 'exploding submarine' Fiskar Karma Inbred!
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII!
snky2k
Champion Author Indianapolis

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Message Posted: Nov 9, 2012 3:28:44 AM

Terrible things have happened to our east coast citizens.
KrsnaDragon
Champion Author Montreal

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Message Posted: Nov 9, 2012 2:47:42 AM

How unfortunate.
alterman156
Champion Author New York

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Message Posted: Nov 9, 2012 2:37:14 AM

Too bad about the new cars that were ruined.
Sheila13296
Champion Author Ohio

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Message Posted: Nov 9, 2012 2:35:00 AM

Teamsimmons- they were getting free gas .NOt sure how long that lasted though as it was a limited amount of gas sent there and it was for mostly the utility companies.
hubcapLA
Champion Author Louisiana

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Message Posted: Nov 9, 2012 2:24:47 AM

Oh goody, new cars to help this "recovering" economy
teamsimons
Champion Author South Carolina

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Message Posted: Nov 9, 2012 2:18:50 AM

Ouch! We feel so sorry for those who are suffering loss as a result of Sandy, not just in relation to cars but overall.

There are some folks who are saying that Sandy as a weather system was manipulated or controlled to be far worse than was originally predicted. If that can ever be proven, we wonder if there will be a class action lawsuit against those who caused the destruction.

In the meantime, what is happening to gas prices in the Sandy-struck areas?
Sheila13296
Champion Author Ohio

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Message Posted: Nov 9, 2012 2:18:16 AM

as for the damage covered by insurance companies.....it depends on what totalled the car ..rain ,hail , or sand ...if the owner had physical damage coverage or just liability......you would be SUPRISED at how many people own a new car and DON'T have physical damage coverage!!!!
madison8359
Champion Author Cleveland

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Message Posted: Nov 9, 2012 2:11:02 AM

Tragic.
Now let's see if these vehicles show up for sale.
mrjames1818
Champion Author New Jersey

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Message Posted: Nov 9, 2012 2:06:47 AM

Buyers beware - some insurance companies turn flood damaged cars over to reburbers in order to recoup losses. Illegal but still done
bobdec
Champion Author Miami

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Message Posted: Nov 9, 2012 2:05:23 AM

Thank the NWO people for directing this disaster to the mainland, which was not supposed to hit land with Harp or harp like device
DisMusBeDaPlaz
Champion Author Tampa

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Message Posted: Nov 9, 2012 1:59:50 AM

Saddened to hear the damage to some approximately 100 Fisker Karmas damaged to Sandy....will they too become popular sellers?
southrob
Champion Author Tucson

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Message Posted: Nov 9, 2012 1:59:12 AM

cls...dhan
BigBearHug
Champion Author Amarillo

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Message Posted: Nov 9, 2012 1:55:25 AM

bailout
CiVX
Champion Author Oakland

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Message Posted: Nov 9, 2012 1:54:07 AM

$$$$$$$
UseLessGasFolks
Champion Author Iowa

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Message Posted: Nov 9, 2012 1:53:04 AM


Lots of re-titled cars ended up on the market after Katrina.
kd5kpd
Champion Author Texas

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Message Posted: Nov 9, 2012 1:50:31 AM

Dont buy any used cars for at least one year unless you know the previous owner!!
NAVYHM
All-Star Author Cleveland

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Message Posted: Nov 9, 2012 1:48:01 AM

DON'T BELIEVE IT FOR A SECOND... USED CAR LOTS ALL OVER THE COUNTRY WILL BE BUYING ALL THE HURRICANE DAMAGE CARS & TRUCKS AND RE-SELLING THEM AS LIKE-NEW VEHICLES... BUYERS BEWARE... THIS IS A FUTURE NIGHTLINE TRAGEDY IN THE MAKING... AND OF COURSE THE FEDERAL GOVERNMENT WILL STATE THAT, WE HAD NO IDEA THIS WAS GOING TOO HAPPEN... BECAUSE, THATS WHAT THEY SAID 12-15 YEARS AGO...
pulpwood
Champion Author Mississippi

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Message Posted: Nov 9, 2012 1:47:51 AM

nothing last forever.
Sisu58
Champion Author Michigan

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Message Posted: Nov 9, 2012 1:44:59 AM

Great for the automakers. Great as long as the damaged cars don't end up on the market for sale.
RENEGADEGAS
Champion Author Missouri

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Message Posted: Nov 9, 2012 1:42:55 AM

And economy continues to fall deeper and deeper into the point of no return.
kgbellman
Champion Author Ann Arbor

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Message Posted: Nov 9, 2012 1:41:27 AM

Sounds like time to be cautious ofused cars again . . .
afghaned
Champion Author Ottawa

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Message Posted: Nov 9, 2012 1:29:53 AM

Disaster on top of disaster. To replace some of the old rust buckets people were driving is beyond manys means.
carloco75
Champion Author Richmond

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Message Posted: Nov 9, 2012 1:27:12 AM

this should help with sales since replacements will be needed...
Aserdaten
Champion Author Florida

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Message Posted: Nov 9, 2012 1:26:22 AM

Methinks that insurance companies will be the biggest losers for Sandy damage to new and used cars. I wonder if manufacturers had insurance on new and unsold cars that were destroyed. Cars lost in the storm were just a small percentage of the overall destruction.
heydano67
Champion Author California

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Message Posted: Nov 9, 2012 1:26:05 AM

If you're an atheist can the insurance companies claim an act of God?
Quick68
Champion Author Columbus

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Message Posted: Nov 9, 2012 1:23:54 AM

Be on the look out for flood cars on the market.
TBONE3
Champion Author Pennsylvania

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Message Posted: Nov 9, 2012 1:23:01 AM

Sandy was a bad broad!
liao
Champion Author Montreal

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Message Posted: Nov 9, 2012 1:22:12 AM

More cars will be bought to replace the lost ones.
pa79th
Champion Author Pennsylvania

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Message Posted: Nov 9, 2012 1:20:29 AM

That's s shame, but what does this have to do with the price of gasoline?
boldrph
Champion Author Topeka

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Message Posted: Nov 9, 2012 1:19:26 AM

wonder who was insuring this mess?
btex49
Champion Author Austin

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Message Posted: Nov 9, 2012 1:18:24 AM

Okay...
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