Buyers have been warned to look out for an influx of flood-damaged cars on the used market, as drivers look to sell rather than make insurance claims.
Insurers write off 70% of cars which have been submersed, due to engine damage or electric safety issues.
AA Cars – the breakdown company’s used car branch – is concerned that after the recent UK weather, many owners will choose to sell these damaged cars rather than risk a loss through insurers.
Latest figures show that the AA has rescued more than 3,000 cars from floods since late December. (Source: AutoExpress)