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Used-Vehicle Scams Surface After Floods

Does that used car deal seem too good to be true? The NICB educates consumers on a scam involving salvaged/flooded vehicles and how to avoid a nasty detour.

By Christina Bramlet | Updated on June 02, 2011

Before browsing car dealerships and auto classifieds, shoppers research financing options, compare gas mileage specs, and may consult ConsumerReports.org for safety ratings. This multi-faceted list grows markedly when someone decides to purchase a used vehicle, an endeavor that necessitates additional research and precautions.

Exercising common sense and being aware of scams will also help consumers steer clear of “lemons.” To this end, the National Insurance Crime Bureau (NICB)—and, by extension, its more than 1,000 P&C insurers and self-insured member organizations—is educating consumers about potential red flags that indicate a deal really is “too good to be true.”

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