What do you do with a flooded car?

[Garr255]

Yeah the US is relatively awesome when it comes to goods tax...

[benjamindees]

So, the moral of this thread is that, in a functional capital market, flooded vehicles could be sold relatively quickly to those with the motivation to repair them and preserve some value before they turn to rust.

But here in the USSA, waiting around for the local soviet to inspect your otherwise salvageable car and give you a hand-out for it is far more lucrative.

[Jessica]

Sell the car for scrap metal.
Problem solved.

[greyhawk]

Sell it for scrap at the nearest junkyard,
Sell it for scrap at the nearest junkyard,
Sell it for scrap at the nearest junkyard,
Early in the morning.

Put it in the lake and call insurance,
Put it in the lake and call insurance,
Put it in the lake and call insurance,
Early in the morning.

Park it in the lot for the kids to play with,
Park it in the lot for the kids to play with,
Park it in the lot for the kids to play with,
Early in the morning.

Tow it up a crane, let it drop for science,
Tow it up a crane, let it drop for science,
Tow it up a crane, let it drop for science,
Early in the morning.

[vampire]

So, the moral of this thread is that, in a functional capital market, flooded vehicles could be sold relatively quickly to those with the motivation to repair them and preserve some value before they turn to rust.

But here in the USSA, waiting around for the local soviet to inspect your otherwise salvageable car and give you a hand-out for it is far more lucrative.

The moral of the story is that a person who pays 60k in federal taxes gets jack shit from the gov. May be I shouldn't pay?

[Littleshop]

I'm curious.  What type of car (Make, Model, year)?

https://bitcointalk.org/index.php?topic=76549.0

While the fema route may be the best financially....

All of the electronics probably need to be replaced, but being a Mustang EVERYTHING is available and often at a lower price then most other cars due to the large aftermarket.  You can get a replacement computer for about $100, a replacement instrument cluster for $100.

[vampire]

I'm curious.  What type of car (Make, Model, year)?

https://bitcointalk.org/index.php?topic=76549.0

While the fema route may be the best financially....

All of the electronics probably need to be replaced, but being a Mustang EVERYTHING is available and often at a lower price then most other cars due to the large aftermarket.  You can get a replacement computer for about $100, a replacement instrument cluster for $100.

I won't bother, I live in an appt. I can't park the car anywhere for a long time due to nyc parking regulations.

Time to let the car go, FEMA wont pay - referred to sba loans.

My gf can rent a car for few months and i'll get a zipcar membership. My parents were hit much harder, the town was pretty much washed away. So bringing the car there isn't an option now, even tow trucks don't have gas right now.

I'll save more without a car, I will able to write the car off my 2012 tax.

[Fluttershy]

Dammit Sandy, quit flooding the engine.

[MysteryMiner]

Stupid capitalist economy with "if it's broken then junk it and buy new one". This is pretty serious disaster for a car to be flooded but it still can be repaired and driven. You are so concerned with pollution that you need to invent low performance "green" harddrives to save one or two wats of electricity at a cost of performance but easily junk a car that after careful repair can drive for another 20 years.

If the car is in EU I can find the buyer for it.

[JohnBigheart]

Top Gear has a matching episode !

Whatever happens do not attempt to rotate the engine before the water is out.
Water does not do well with compression chambers.