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Carfax Notes Uptick in Salvaged Vehicles

Carfax says that while the problem was exacerbated by the flooding that occurred post-Hurricane Katrina, in which hundreds of thousands of automobiles were totaled by insurers, the problem has

By Eric Gilkey | Updated on February 29, 2008

Claims News Service, Feb. 29, 4:05 p.m. EST — Leading auto information provider Carfax reports that salvaged vehicles are making their way into driveways at an increased rate.

Carfax says that while the problem was exacerbated by the flooding that occurred post-Hurricane Katrina, in which hundreds of thousands of automobiles were totaled by insurers, the problem has expanded to include a much-wider proportion of vehicles. In its most recent report, the company said that there has been a 50-percent uptick in the number of salvaged vehicles exposed by the vehicle history reports.

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