GasBuddy Blog

GasBuddy News Article

votes

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.

Read the Full Article

Submitted Nov 08, 2012 By: nraacct

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: Sandy might send more than 250,000 cars to scrap heap	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

First

Next Last

DanMtz Champion Author Oakland Posts:3,355 Points:1,243,325 Joined:Oct 2009	Message Posted: Nov 10, 2012 12:00:06 PM Ignore DanMtz Report Abuse Stimulus!
remay Champion Author Houston Posts:6,968 Points:2,118,365 Joined:May 2006	Message Posted: Nov 10, 2012 10:30:18 AM Ignore remay Report Abuse Get the detailed history report of ANY usd car that is being bought - no matter WHEN.
blupupher Champion Author Houston Posts:3,555 Points:749,020 Joined:Feb 2011	Message Posted: Nov 10, 2012 8:49:42 AM Ignore blupupher Report Abuse Gotta watch out for the flooded cars in the used car market.
52MPG Champion Author Dayton Posts:7,267 Points:1,742,680 Joined:Apr 2006	Message Posted: Nov 10, 2012 1:45:42 AM Ignore 52MPG Report Abuse Wow.
bston Champion Author Oklahoma City Posts:1,825 Points:643,250 Joined:Mar 2011	Message Posted: Nov 10, 2012 12:50:38 AM Ignore bston Report Abuse Will be good for new vehicle sales.
LetemEatCake Champion Author Oklahoma City Posts:5,596 Points:1,206,355 Joined:Mar 2008	Message Posted: Nov 9, 2012 10:51:20 PM Ignore LetemEatCake Report Abuse Wish I owned a scrap yard about now!
A2J Champion Author Richmond Posts:3,080 Points:603,925 Joined:Aug 2011	Message Posted: Nov 9, 2012 10:48:22 PM Ignore A2J Report Abuse 250,000 cars to scrap...Holy cow
mpg611 Champion Author Cleveland Posts:2,339 Points:570,520 Joined:Apr 2011	Message Posted: Nov 9, 2012 6:00:04 PM Ignore mpg611 Report Abuse Lots of money to be made in metal recycling.
eye-spy Champion Author Quebec Posts:4,593 Points:2,418,820 Joined:Feb 2005	Message Posted: Nov 9, 2012 2:06:33 PM Ignore eye-spy Report Abuse Hopefully they WILL be scraped.
bicycle1966 All-Star Author Akron Posts:605 Points:403,340 Joined:Jul 2011	Message Posted: Nov 9, 2012 2:02:02 PM Ignore bicycle1966 Report Abuse I wonder how many will be cleaned up and re-sold to unsuspecting buyers.
knutzAL Champion Author Alabama Posts:2,248 Points:372,680 Joined:Feb 2012	Message Posted: Nov 9, 2012 9:58:21 AM Ignore knutzAL Report Abuse The insurance companys will foot the bill for this cash for clunkers, and eventually us with higher premiums.
ObieDog Champion Author Maryland Posts:1,971 Points:852,870 Joined:Sep 2010	Message Posted: Nov 9, 2012 9:55:28 AM Ignore ObieDog Report Abuse Sad but true.
fuel2use Champion Author Seattle Posts:3,493 Points:734,300 Joined:Dec 2010	Message Posted: Nov 9, 2012 9:24:33 AM Ignore fuel2use Report Abuse Ouch.
eschroth442 Champion Author Cleveland Posts:1,084 Points:333,720 Joined:Nov 2011	Message Posted: Nov 9, 2012 8:57:32 AM Ignore eschroth442 Report Abuse sounds like a differnet cash for clunkers.
derKraut Champion Author Ontario Posts:2,095 Points:1,228,400 Joined:Dec 2008	Message Posted: Nov 9, 2012 7:48:51 AM Ignore derKraut Report Abuse 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 All-Star Author Ontario Posts:948 Points:484,665 Joined:Apr 2011	Message Posted: Nov 9, 2012 7:14:40 AM Ignore EvergreenON Report Abuse Either the car prices or the insurance primes will increase.
leeac Champion Author Ohio Posts:1,601 Points:434,880 Joined:Jan 2012	Message Posted: Nov 9, 2012 7:05:54 AM Ignore leeac Report Abuse Sounds like an economic stimulus.
335d1 Champion Author Virginia Posts:2,386 Points:760,020 Joined:Feb 2011	Message Posted: Nov 9, 2012 6:55:53 AM Ignore 335d1 Report Abuse Too bad, need to be on the lookout for unscrupulous individuals.
roadrunnerMO Champion Author Kansas Posts:8,411 Points:1,700,440 Joined:Jul 2008	Message Posted: Nov 9, 2012 5:14:29 AM Ignore roadrunnerMO Report Abuse 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 Posts:33,045 Points:2,346,485 Joined:Aug 2006	Message Posted: Nov 9, 2012 3:30:37 AM Ignore tomok Report Abuse 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 Posts:1,403 Points:304,540 Joined:Mar 2012	Message Posted: Nov 9, 2012 3:28:44 AM Ignore snky2k Report Abuse Terrible things have happened to our east coast citizens.
KrsnaDragon Champion Author Montreal Posts:2,412 Points:532,275 Joined:Nov 2011	Message Posted: Nov 9, 2012 2:47:42 AM Ignore KrsnaDragon Report Abuse How unfortunate.
alterman156 Champion Author New York Posts:7,490 Points:1,558,500 Joined:Dec 2008	Message Posted: Nov 9, 2012 2:37:14 AM Ignore alterman156 Report Abuse Too bad about the new cars that were ruined.
Sheila13296 All-Star Author Ohio Posts:866 Points:112,715 Joined:Apr 2011	Message Posted: Nov 9, 2012 2:35:00 AM Ignore Sheila13296 Report Abuse 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 Posts:3,905 Points:940,435 Joined:Apr 2009	Message Posted: Nov 9, 2012 2:24:47 AM Ignore hubcapLA Report Abuse Oh goody, new cars to help this "recovering" economy
teamsimons Champion Author South Carolina Posts:2,478 Points:503,095 Joined:Aug 2011	Message Posted: Nov 9, 2012 2:18:50 AM Ignore teamsimons Report Abuse 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 All-Star Author Ohio Posts:866 Points:112,715 Joined:Apr 2011	Message Posted: Nov 9, 2012 2:18:16 AM Ignore Sheila13296 Report Abuse 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 Posts:9,031 Points:1,594,270 Joined:Apr 2008	Message Posted: Nov 9, 2012 2:11:02 AM Ignore madison8359 Report Abuse Tragic. Now let's see if these vehicles show up for sale.
mrjames1818 Champion Author New Jersey Posts:1,550 Points:1,999,070 Joined:Mar 2004	Message Posted: Nov 9, 2012 2:06:47 AM Ignore mrjames1818 Report Abuse 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 Posts:8,969 Points:1,770,795 Joined:May 2008	Message Posted: Nov 9, 2012 2:05:23 AM Ignore bobdec Report Abuse 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 Posts:2,415 Points:568,395 Joined:Sep 2011	Message Posted: Nov 9, 2012 1:59:50 AM Ignore DisMusBeDaPlaz Report Abuse Saddened to hear the damage to some approximately 100 Fisker Karmas damaged to Sandy....will they too become popular sellers?
southrob Champion Author Tucson Posts:3,600 Points:688,175 Joined:Mar 2011	Message Posted: Nov 9, 2012 1:59:12 AM Ignore southrob Report Abuse cls...dhan
BigBearHug Champion Author Amarillo Posts:2,224 Points:489,005 Joined:Dec 2011	Message Posted: Nov 9, 2012 1:55:25 AM Ignore BigBearHug Report Abuse bailout
CiVX Champion Author Oakland Posts:7,055 Points:1,359,610 Joined:Feb 2009	Message Posted: Nov 9, 2012 1:54:07 AM Ignore CiVX Report Abuse $$$$$$$
UseLessGasFolks Champion Author Iowa Posts:5,451 Points:1,296,825 Joined:Jul 2007	Message Posted: Nov 9, 2012 1:53:04 AM Ignore UseLessGasFolks Report Abuse Lots of re-titled cars ended up on the market after Katrina.
kd5kpd Champion Author Texas Posts:3,742 Points:1,417,700 Joined:Apr 2006	Message Posted: Nov 9, 2012 1:50:31 AM Ignore kd5kpd Report Abuse Dont buy any used cars for at least one year unless you know the previous owner!!
NAVYHM All-Star Author Cleveland Posts:761 Points:1,386,455 Joined:May 2008	Message Posted: Nov 9, 2012 1:48:01 AM Ignore NAVYHM Report Abuse 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 Posts:7,379 Points:1,859,605 Joined:Sep 2006	Message Posted: Nov 9, 2012 1:47:51 AM Ignore pulpwood Report Abuse nothing last forever.
Sisu58 Champion Author Michigan Posts:1,276 Points:356,070 Joined:Jun 2008	Message Posted: Nov 9, 2012 1:44:59 AM Ignore Sisu58 Report Abuse Great for the automakers. Great as long as the damaged cars don't end up on the market for sale.
RENEGADEGAS Champion Author Missouri Posts:14,918 Points:1,592,200 Joined:Jul 2008	Message Posted: Nov 9, 2012 1:42:55 AM Ignore RENEGADEGAS Report Abuse And economy continues to fall deeper and deeper into the point of no return.
kgbellman Champion Author Ann Arbor Posts:2,718 Points:732,815 Joined:Mar 2011	Message Posted: Nov 9, 2012 1:41:27 AM Ignore kgbellman Report Abuse Sounds like time to be cautious ofused cars again . . .
afghaned Champion Author Hamilton Posts:11,822 Points:1,287,110 Joined:May 2004	Message Posted: Nov 9, 2012 1:29:53 AM Ignore afghaned Report Abuse Disaster on top of disaster. To replace some of the old rust buckets people were driving is beyond manys means.
carloco75 Champion Author Richmond Posts:3,716 Points:601,115 Joined:Oct 2010	Message Posted: Nov 9, 2012 1:27:12 AM Ignore carloco75 Report Abuse this should help with sales since replacements will be needed...
Aserdaten Champion Author Florida Posts:3,476 Points:2,053,700 Joined:Apr 2006	Message Posted: Nov 9, 2012 1:26:22 AM Ignore Aserdaten Report Abuse 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 Posts:1,671 Points:358,510 Joined:Feb 2012	Message Posted: Nov 9, 2012 1:26:05 AM Ignore heydano67 Report Abuse If you're an atheist can the insurance companies claim an act of God?
Quick68 Champion Author Columbus Posts:8,228 Points:1,226,775 Joined:Dec 2009	Message Posted: Nov 9, 2012 1:23:54 AM Ignore Quick68 Report Abuse Be on the look out for flood cars on the market.
TBONE3 Champion Author Pennsylvania Posts:8,751 Points:1,977,625 Joined:Mar 2005	Message Posted: Nov 9, 2012 1:23:01 AM Ignore TBONE3 Report Abuse Sandy was a bad broad!
liao Champion Author Montreal Posts:3,452 Points:1,429,210 Joined:Sep 2008	Message Posted: Nov 9, 2012 1:22:12 AM Ignore liao Report Abuse More cars will be bought to replace the lost ones.
pa79th Champion Author Pennsylvania Posts:1,787 Points:1,217,825 Joined:Jun 2007	Message Posted: Nov 9, 2012 1:20:29 AM Ignore pa79th Report Abuse That's s shame, but what does this have to do with the price of gasoline?
boldrph Champion Author Topeka Posts:18,382 Points:3,452,615 Joined:Oct 2002	Message Posted: Nov 9, 2012 1:19:26 AM Ignore boldrph Report Abuse wonder who was insuring this mess?