Used Car Fraud
#1
Race Car
Thread Starter
Used Car Fraud
I look at cars almost daily online, from used 997's to used Vipers, anything of interest.
One thing I have noticed...I haven't seen one vehicle from New Jersey/New York claim to be damaged by Hurricane Sandy. I find that odd.
There were thousands of vehicles flooded in that storm alone, we have at least 1 member here who's 997 was completely submerged.
Where are the flood cars?
I'd be interested to know if there are tricks to cleaning a title, wiping away an original state registration and other fraud tactics which might be used and how to look out for them.
Any input on this would be interesting especially if we have any active or prior law enforcement members.
One thing I have noticed...I haven't seen one vehicle from New Jersey/New York claim to be damaged by Hurricane Sandy. I find that odd.
There were thousands of vehicles flooded in that storm alone, we have at least 1 member here who's 997 was completely submerged.
Where are the flood cars?
I'd be interested to know if there are tricks to cleaning a title, wiping away an original state registration and other fraud tactics which might be used and how to look out for them.
Any input on this would be interesting especially if we have any active or prior law enforcement members.
#2
Rennlist Member
I wondered about this too when buying my 997.
My car came from Jack Daniels Porsche in NJ and I actually had the dealer snap interior carpet photos and other random under carriage shots but they knew and understood why I was asking.
I don't think that many Porsche's were affected in the flooding and if so I would presume scrapped or exported to the Middle East. Trust me...a lot of crap American luxury cars are exported to the Middle East and while I was living there it was a game to harass the used car dealers who tried to pass these cars off as mint.
My car came from Jack Daniels Porsche in NJ and I actually had the dealer snap interior carpet photos and other random under carriage shots but they knew and understood why I was asking.
I don't think that many Porsche's were affected in the flooding and if so I would presume scrapped or exported to the Middle East. Trust me...a lot of crap American luxury cars are exported to the Middle East and while I was living there it was a game to harass the used car dealers who tried to pass these cars off as mint.
#3
I live on longisland right by the water but i was ready like the rest of the exotics that live in my area toke the cars to a high grounds week before sh$t hit the fan. I did loose my wifes benz its crazy how the salt water eats the car up. I bet there are a lot of sandy cars though forsale i would be very very careful.
#4
Addict
Rennlist Member
Rennlist Member
I think cleaning the title involves moving them from state to state. That allows you to take advantage of different regulations regarding salvage cars.
#5
Rennlist Member
Many of those cars were fixed then sold at auction all over the U.S. Dont trust the CarFax!!!!
Thats why its so important to do a PPI on any and all used vehicles not just Porsche's
Thats why its so important to do a PPI on any and all used vehicles not just Porsche's
#6
Rennlist Member
Enough of the flood vehicles show up in Ontario to make me leery of any imported car. The title (ownership) shows no record of the total loss and the interiors have been cleaned. If you look really closely, pull back trunk carpets, strip the end of some insulation of wires, then you get some clues. There are more than a few here!
#7
Rennlist Member
All that matters is a careful PPI inspection. But don't be afraid to look at cars from NY/NJ area as that's where mine came from and was fine. Its all about due diligence.
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#9
Race Car
Thread Starter
I wondered about this too when buying my 997.
My car came from Jack Daniels Porsche in NJ and I actually had the dealer snap interior carpet photos and other random under carriage shots but they knew and understood why I was asking.
I don't think that many Porsche's were affected in the flooding and if so I would presume scrapped or exported to the Middle East. Trust me...a lot of crap American luxury cars are exported to the Middle East and while I was living there it was a game to harass the used car dealers who tried to pass these cars off as mint.
My car came from Jack Daniels Porsche in NJ and I actually had the dealer snap interior carpet photos and other random under carriage shots but they knew and understood why I was asking.
I don't think that many Porsche's were affected in the flooding and if so I would presume scrapped or exported to the Middle East. Trust me...a lot of crap American luxury cars are exported to the Middle East and while I was living there it was a game to harass the used car dealers who tried to pass these cars off as mint.
That's crazy, I wasn't aware about the Middle East getting a lot of flood cars. I suppose a title means less there. I'm actually somewhat relieved from this information
#10
Race Car
Thread Starter
#11
Rennlist Member
Its actually quite appalling how many "wrecked" or cars with "history" end up there. Typically people are happy to get them as its a status thing whereas savvy westerners know what to look out for.
#12
Rennlist Member
Previous flood damage
I am an executive in the auto auction business and can attest that the flood cars are out there and there are individuals that specialize in "washing" a title to remove the salvage or flood stamp. One of my unscrupulous customers purchased 100 Land Rovers from hurricane Sandy for 10 cents on the dollar. They are still sitting on his storage lot here because he been unable to get them started and try to sell them. I can assure you his intention was to pass them off to anyone he could. The problem is rampant...
I am personally very hesitant to buy a high end vehicle from anyone other than a private seller that I can meet, go to their home, etc., or from the franchised dealer of whatever brand I am buying. I my opinion, auctions and used car dealers are not the place to purchase high line vehicles of any kind...particularly performance vehicles.
I am personally very hesitant to buy a high end vehicle from anyone other than a private seller that I can meet, go to their home, etc., or from the franchised dealer of whatever brand I am buying. I my opinion, auctions and used car dealers are not the place to purchase high line vehicles of any kind...particularly performance vehicles.
#13
Rennlist Member
Atleast half those countries don't care or have yearly inspections.... It runs and drives its good for the road
I rented a van when I went on vacation looked nice and straight 2 days after I realized that IT DIDN'T HAVE ANY AIR BAGS they sealed it up with who knows what but it didn't have air bags at all..... All you have to do is inspect the cars check underneath it to see corrosion underneath and frame if you notice slight bent or patch up work
#14
Race Car
Thread Starter
I am an executive in the auto auction business and can attest that the flood cars are out there and there are individuals that specialize in "washing" a title to remove the salvage or flood stamp. One of my unscrupulous customers purchased 100 Land Rovers from hurricane Sandy for 10 cents on the dollar. They are still sitting on his storage lot here because he been unable to get them started and try to sell them. I can assure you his intention was to pass them off to anyone he could. The problem is rampant...
I am personally very hesitant to buy a high end vehicle from anyone other than a private seller that I can meet, go to their home, etc., or from the franchised dealer of whatever brand I am buying. I my opinion, auctions and used car dealers are not the place to purchase high line vehicles of any kind...particularly performance vehicles.
I am personally very hesitant to buy a high end vehicle from anyone other than a private seller that I can meet, go to their home, etc., or from the franchised dealer of whatever brand I am buying. I my opinion, auctions and used car dealers are not the place to purchase high line vehicles of any kind...particularly performance vehicles.
Mr. Mango, thank you for the insight. This is what I was afraid of. Gentlemen take precautions.
I think i'll stick to private party sales from now on unless built recently.
#15
Three Wheelin'
https://www.iaai.com/Vehicles/Search.aspx
You are welcome ^^.
That is where big majority of insurance write-offs show up. Currently 9 flooded Porsches are on the list.
Sandy car: https://www.iaai.com/Vehicles/Vehicl...oadRecent=True
You are welcome ^^.
That is where big majority of insurance write-offs show up. Currently 9 flooded Porsches are on the list.
Sandy car: https://www.iaai.com/Vehicles/Vehicl...oadRecent=True